Xinhua reported that Japanese rolling bearing producer NSK would invest USD 100 million to build a new plant in Shenyang city, capital of Northeast China's Liaoning province.

According to the report, it would be the company first large scale rolling bearing factory in China and the output of the new plant is estimated to reach CNY 1.4 billion in 2014.

Construction is scheduled to begin in July.

(Sourced from Xinhua)