20 Jun 2007
Changzhou, China - Japanese belt maker Nitta Corp. has opened a plant in the Changzhou National Hi-tech District in eastern China to produce precision driving belts.
The industrial district -Â located between Shanghai and Nanjing -Â said Nitta Corp. of Changzhou will manufacture belts made of polyamide films and highly wear-resistant synthetic rubber, used to drive machines in the fibre, paper-making and flour-milling industries. The factory is the third enterprise in the zone for Nitta, and the first belting operation.
Nitta Corp. of Changzhou should achieve sales of $2.63 million in 2007, and rise to $3.68 million in 2008, the industrial district said.
From Rubber & Plastics News (A Crain publication)
Press release from Nitta
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