American firm Timken, a supplier of bearings to the turbine industry, is teaming up with China's Xiangtan Electric Manufacturing Co (XEMC) to make main-shaft bearings for wind turbines for the Chinese wind energy market. The joint venture -- in which Timken will hold an 80% share -- is building a $38 million facility in Xiangtan, Hunan province, where it will produce large-bore bearings for main rotor shafts of multi-megawatt turbines. Construction of the factory is scheduled to start soon. "By combining Timken's alloy steel expertise, power-transmission design and precision manufacturing capabilities with XEMC's leadership in heavy-equipment manufacturing in the Chinese market, the joint venture will be well-positioned to meet the needs of China's rapidly growing wind energy industry," says the US firm. "Timken's partnership in China will provide $100 million in exports, while also helping China expand alternative energy, wind power, which helps the planet," says US Secretary of Commerce Carlos M Gutierrez.
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