ZXY’s Restructuring Gains Better Half Year Project

Experiencing 3 years loss both in sales and earnings, and got the withdraw of Chinese security market in Shenzhen, China, Xiangyang Automobile Bearing Co., Ltd. recently said that this half year might gain first success after three years loss, which has been improved by its new effort in restructuring since last year.

Xiangyang Automobile Bearing Co., Ltd., originally founded in 1968 with brand ’ZXY’, mainly manufactures automobile bearings, such as, deep groove ball bearings, angular contact ball bearings, cylindrical ball bearings, tapered ball bearings, trust bearings, needle roller bearings and etc.



Other News:
FAG lands Finnish machinery contracts
ZXY’s Restructuring Gains Better Half Year Project
Kaydon reports first quarter results
Bearing industry hard hit by industrial inventory replenishment slowdown
U.S. manufacturing activity rose in May, hints at recovery
NTN Bearing Corp. of Canada appoints new president
FAG acquires MB Industries
Shenhua Holding found joint venture with Lear