Artist's Rendering of the New SPGBC Factory.
ON MAY 22, SHANHAI PUDONG GENERAL BEARING CO., LTD. (SPGBC), a joint venture of General Bearing Corporation, hosted a ground-breaking ceremony in celebration of their new factory in the Pudong District in Shanghai, China. David Gussack, General Bearing President and Seymour Gussack, Chairman of the Board, participated in the ceremony and greeted the many attendees. Among the guests present to mark the occasion were local Chinese Government officials, and special guests and leaders from the community.
This event is a reflection of General Bearing's steady sales growth over the past several years. The new SPGBC facility provides for a substantial increase in capacity and size range for the production of high-quality ball bearings.
The Pudong area is expected to be one of the largest and most effective international industrial areas in the world. Corporate international giants are locating important facilities in this area, including the new General Motors auto plant. A world-class international airport is being completed in the Pudong area. The airport has the capacity to efficiently handle large volumes of international passengers and freight. GBC expects SPGBC's presence, in this highly industrialized area, will enable the establishment of supply arrangements with the international companies situated in Pudong.