NTN Corporation Change the Company Name of SNR Roulements
5. Aug, 2010
Subsidiary in France SNR Roulements (hereinafter referred to as “SNR”), a consolidated subsidiary of NTN Corporation (hereinafter referred to as “NTN”) reached a decision to change the company name to NTN-SNR ROULEMENTS during its general shareholders’ meeting today(July 22, French time).
1. Current Outline of the Consolidated Subsidiary
| Company name |
: |
SNR ROULEMENTS |
| Address |
: |
1 rue des Usines, 74 000 Annecy, France |
| Representative |
: |
Didier SEPULCHRE DE CONDE |
| Line of business |
: |
Manufacture and sales of bearings for automotive and industrial machinery, including railways and aircrafts |
| Capital |
: |
EURO 10,065,000 |
2. New Name of the Consolidated Subsidiary
3. Reason for the Change
| NTN first acquired capital in SNR in March 2007, and raised its share of it to 51% by April 2008, resulting in making it its consolidated subsidiary. In April 2010, it raised its share further to 80% to strengthen the network of the NTN group. In order to reinforce the network of development, production and sales, we have decided to change the name of SNR. |
4. Date of the Change
| July 23, 2010 (July 22, French time) |
Shandong Obetter bearing Company is a leading global supplier in the areas of bearings, mechatronics, services. We (OBT Group) are high-tech enterprise and professional manufacturer specicalized in ball bearing and roller bearing. we can produce non-standard bearing and machine parts as our customers request. we always follows the principles of "Good Faith, Equality, Cooperation and Win-Win" to cooperate with our customers.
For further information, please contact:
Company brand: OBT Bearing
Company Name: Shandong Obetter Bearing Co., Ltd
WebSite: www.obtbearing.com
E-mail: obtbearing@163.com
Rillenkugellager Deep groove ball bearings Roulements a billes Rodamientos rigidos a bolas Cuscinetti a sfere Groefkogellagers Sparkullager Sporkuglelejer Urakuulalaakerit Rolamentos rigidos de esferas Sporkulelager Łożyska kulkowe zwykłe Kuličkova ložiska Guľkove ložiska Melyhornyu golyoscsapagy Радиални сачмени лагери Bilyalı rulmanlar Шарикоподшипники радиальные
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