TWB (Timken Wuxi Bearing Company Limited ),founded in 1996, is American solely-funded venture of the largest bearing manufacturer in America. The joint venture was invested US$30 millions in Wuxi. Annual sales of the joint venture products are expected to reach 60 million USD by the end of the decade. The current TWB consists of multiple production facilities employing approximately 1,600 people on over 97,325 square meters of property, and Timken succeed experience in bearing industry more than 100 years is helping the joint venture improve both manufacturing systems and productivity at the exiting factory. Other initiatives are focusing on upgrading product design, quality and customer service to international standards. These opportunities will allow TWB to become a major supplier to the rapidly growing Chinese industrial market. The combination of advanced equipment and technology transferred from USA and Germany and Wuxi Bearing Factory's resources makes for a strong supplier ...[More] can serve domestic customers as well as the multinationals who are now expanding their operation in China.