Canton, Ohio: Timken XEMC (Hunan) Bearings Co., a joint venture of The Timken Company, has broken ground on a new wind energy plant to be constructed in China.
First announced in December 2007, the US$38 million facility will be located in Xiangtan in China's Hunan province to manufacture high-performance ultra-large bore bearings for the main shafts of large scale wind turbines. Bearings produced at the facility are destined solely for the China region and are expected to be available in 2010.Xiangtan Electric Manufacturing Co. Ltd. (XEMC) is partner in the joint venture. Timken holds an 80-percent ownership stake in the venture with XEMC. According to Timken, its alloy steel expertise, power-transmission design and precision manufacturing capabilities combined with XEMC's leadership position in Chinese heavy equipment manufacturing are well-positioned for China's rapidly growing wind energy industry. The joint venture is expected eventually to employ more than 100 people.
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