Schaeffler plans to invest 500 million yuan in Yinchuan factory to accelerate localization of high-end bearings

In order to meet the growing market demand, Schaeffler plans to invest 500 million yuan in the Yinchuan plant in the next five years to build high-end bearing production lines, intelligent testing equipment, automatic logistics and other supporting facilities and equipment for automotive and industrial applications. In addition, the Yinchuan plant will also focus on Industry 4.0 and intelligent manufacturing, comprehensively improve the automation, digitization and intelligence level of the factory, and achieve a comprehensive upgrade to a smart factory.