Koyo Bearings invests CZK 90m in new line

Published: 26.02.2019 Related countries:  Czech Republic Czech Republic

Koyo Bearings Česká republika’s investments totalled CZK 160m in the fiscal year ending on March 31, 2019. The largest investment was a new line for CZK 90m.

The information was provided to ČIANEWS by company head Petr Novák adding that the company modernised older machines. It also acquired several new ones, such as a fully automated line manufacturing bearings for Porsche. The new line includes also the assembly robot Kuka. Last year, Koyo introduced 24 new products in the series production. In terms of the volume, its most successful products include the ones for Porsche and bearings for the new electronic SUV Jaguar I-Pace manufactured by Jaguar Land Rover.

Source: ČIA NEWS, February 26th, 2019
Compiled by the team of CzechTrade office in Riga.