Recently, a subsidiary solely invested by THK Co., Ltd. has been officially established in Changzhou National Hi-Tech District (CND).
Founded in 1971, THK is a listing company in Japan, with a registered capital of 34 billion Japanese Yen. The company produces key machinery components which are essential to the mechanical and electrical industry. Its products are widely used in CNC machine tools, industrial robots, as well as semiconductor and LCD manufacturing equipments. THK Group has 11 factories in Japan and another 11 plants overseas, four of which are located in China. Many famous enterprises, including Nissan, Honda, Fujitsu, Hitachi, General Motors and Ford, are its clients.
The Changzhou branch of THK, with a registered capital of USD 30 million and a total investment of USD 90 million, will be dedicated to the production of LM Guide (Linear Motion Guide), Precision Linear Pack, etc. The project is estimated to put into production in November 2015 with expected sales of over 100 million yuan per year.
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