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Nippon Thompson has signed a land sublease agreement with Amata City Halong Industrial Park in Quang Ninh, Vietnam, to build a new plant. The company will invest ¥8 billion (US$53.16 million) in the 37,500 sq.m facility, with construction starting in January 2025 and production expected in 2026.
Nippon Thompson Co., Ltd. resolved on October 17, 2016 to acquire 75% equity of UBC (Shanghai) Precision Bearing Manufacturing Co., Ltd and its subsidiary UBC (Suzhou) Bearing Co., Ltd.
| Site | Largest | Latest |
|---|---|---|
| Quang Ninh province, Vietnam | $53.2M | 2024-03-21 |