32 Facts About NTN Corporation

1.

NTN Corporation is one of the largest exporters worldwide of friction-reducing products such as constant-velocity joints.

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2.

Three years later, in 1954, NTN Corporation Sales received the Deming Prize for statistical quality control while continuing to diversify its product offering.

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3.

In 1977 however, NTN Corporation Toyo posted a loss of 1 billion JPY due to the increasing value of the Japanese Yen making exports more expensive.

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4.

The following year, NTN Corporation Toyo licensed Lepco Company and Taiway to produce additional constant-velocity joints.

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5.

From 1984 to 1985, NTN Corporation Toyo concentrated on tapered roller bearings at its United States facilities such as their Elgin factory.

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6.

That same year, NTN Toyo partnered with Federal-Mogul Corporation to produce tapered bearings and cylindrical roller bearings.

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7.

In 1988, NTN Corporation Toyo established its first technical center in Michigan, added a bearing-hub factory in Elgin, and partnered with GKN Transmission and Borg-Warner to produce constant-velocity joints in Australia under the name Unidrive.

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8.

One of NTN Corporation's objectives was to begin production of constant-velocity joints in North America.

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9.

NTN Corporation started its "Management System Transformation Project" with the goal of making its regional and international operations more efficient.

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10.

From 2007 to 2009, NTN Corporation entered the large component market by establishing NTN Hakui Corporation in Ishikawa.

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11.

In 2010 NTN Corporation entered the wind energy market via the establishment of Seohan-NTN Corporation Bearing Company.

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12.

Additionally, NTN Driveshaft do Brasil and NTN Noto Corporation were formed for constant velocity joints and industrial machinery bearings.

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13.

NTN Corporation then acquired Bearing Corporation of America in 1996, establishing NTN-BCA Corporation in Lititz, Pennsylvania the following year.

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14.

NTN Corporation produced ball, mounted and needle roller bearings used in clutch releases, engines and heavy industrial equipment in addition to constant velocity joints for aerospace, automobile, forklift and manufacturing customers.

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15.

NTN Corporation made an announcement that they had plans to close the plant in 2009.

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16.

NTN Corporation is a partnership with Yulon Group, a company that manufactures automobiles through Aeolus Motor Corporation and South East Motor Corporation.

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17.

NTN Corporation has plans to integrate forging, heat-treatment and turning in order to pre-process automobile hub bearings starting in June 2011.

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18.

In 2004, NTK Precision Axle NTN Corporation began business with its sole facility in Frankfort, IN.

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19.

NTN Corporation owns four strategically placed warehouses and hundreds of distribution outlets for the purpose of offering expedient nationwide service.

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20.

NTN Corporation Bearing - Malaysia in Selangor, Malaysia, is a producer of ball and roller bearings, drive shafts and other proprietary high-tech automation products.

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21.

NTN Corporation has additional branches in Butterworth, Ipoh, Johor Bahru and Kuantan, Malaysia.

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22.

Kyushu NTN Corporation was absorbed into the wholly owned subsidiary, which took control of Osaka NTN Pillow Center Corporation in Kansai.

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23.

NTN Corporation sells and distributes ball bearings, bearing units, needle roller bearings, parts feeders and plummer blocks.

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24.

NTN Corporation has facilities in Hokkaido, Kyushu, Osaka and Tohoku.

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25.

NTN Corporation is a member of the Japan Cast Iron Foundry Association, and performed research on the recycling of casting sand for use as roadbed material, which has historically taken up space in landfills.

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26.

NTN Investment Corporation was established in Shanghai in 2005 to oversee its current operations and new projects in China to improve productivity relative to capital, equipment, information, materials, personnel, products, technology and other business resources as well as integrating supply chain channels and advancing new projects.

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27.

In 2006, due to the increasing worldwide need for lighter, quieter, smoother riding constant velocity joints and their subcomponents, NTN Corporation created a subsidiary in Fukuroi, Shizuoka, called NTN Fukuroi Corporation.

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28.

NTN Corporation Mikumo was formed in 1988 to produce needle roller bearings and constant velocity joint subassemblies and components.

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29.

NTN Noto Corporation was established in Hakui, Ishikawa, to produce and distribute bearings for construction, industrial wind power, mining and steel clientele.

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30.

NTN Powder Metal Corporation originated in 1966 as Toyo Bearing Powder Metal Company.

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31.

NTN Corporation was responsible for developing NTN BEARPHITE bearings in conjunction with its parent company.

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32.

Shangzhou NTN-Guangyang Corporation is a bearing manufacturer in Shangzhou, China.

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