NSK is a Japanese machinery producer which makes machine bearings, auto parts and precision machinery. Stuff that is essential but does not immediately spring to mind. NSK has just completed the construction of its China headquarters in Suzhou and put its China research and development (R&D) center into operation.
Set in Suzhou Huaqiao Economic Development Zone, it involves a total investment of over $100 million and is expected to have a turnover of RMB7 billion by 2011.
The China R&D center wil be NSK’s largest technical center outside of Japan.
Suzhou Huaqiao Economic Development Zone is claimed to be the only economic development area that centers on modern services industry in east China’s Jiangsu province. Over 20 companies from home and abroad have located their China or East China headquarters there.
iStockAnalyst says the founding of NSK’s China headquarters and the operation of its China R&D center is expected to inject new vitality to the economic zone and the adjacent area.