The new factory of Wuxi NOK-Freudenberg Oil Seal Co., Ltd. is completed
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On the afternoon of August 9, Factory B of a world’s leading enterprise—Wuxi NOK-Freudenberg Oil Seal Co., Ltd. with an increased capital of 103 million yuan was completed in Xishan Economic and Technological Development Zone on the 22nd anniversary of the settlement of Wuxi NOK-Freudenberg Oil Seal Co., Ltd. with expectations of the annual output of O seal rings reaching to 400 million and annual sale volume reaching to 700 million yuan after the operation.

Reportedly, the company, established in 1995, was co-invested and co-constructed by NOK Corporation and Freudenberg, two world famous companies of the production of sealing elements with the market share surpassing 40% in global industry of oil seal products. Wuxi NOK-Freudenberg Oil Seal Co., Ltd. with the sales volume of more than 1 billion yuan and the taxation of 200 million yuan last year has become one of the biggest foreign enterprises in Xishan Economic and Technological Development Zone.