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The eBearing News
August 29, 2006
INA Building Another Bearing
Plant in Romania
copyright © 2006 eBearing Inc.
INA Schaeffler (Germany, parent of INA Bearing and FAG Bearing) confirmed it will spend
at least € 100 million (USD $127 million)
to construct another new bearing manufacturing facility in Romania.
This latest project, scheduled for completion by the end of 2007, is reportedly a plant dedicated to
manufacturing large industrial bearings, wind power generator bearings, and related industrial sizes.
The new plant will be in the same area around Brasov as its existing facilities which produce
automotive and industrial bearings and components for European automakers and industrial equipment.
To date, INA has invested more than € 200 million ($250 million)
across three manufacturing facilities in Romania, and the heavily industrialized Brasov area specifically.
Alexandru Blemovici, Brasov's General Manager, told a local financial paper:
"The group made the decision to boost its investment in Romania, as we have seen very good
results here so far, and Romania is still interesting in terms of labor costs"
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- by Bruce A. Carr
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tips and commercial sources.
Unauthorized reproduction is prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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