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Publications

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  • 22.08.12
  • JV EPK-Brenсo will start complete production of railway bearings in October


SARATOV, 22th of August - RIA Novosti news agency. EPK together with the American company Brenco intends to start a full cycle of production of the axle case bearing units TBU for railway equipment on the basis of Saratov Bearing Plant in October 2012, the representative of the Saratov JSC EPK-Brenco Bearing Company reported.

Brenco is the division of Amsted Rail specializing in production of the components for railway machinery. The share in the USA market is 80%. JV EPK-Brenco locates on the area of Saratovsky Bearing Plant which is a part of EPK. The American side has 51 % in the joint venture; the Russian one has 49 %.

The start up of the first line on assembly of railway bearings at joint venture EPK-Brenco - JSC EPK-Brenco Bearing Company took place in June Y2009.

The representative of the Ministry of Industry and Energy of Saratov region reported to RIA Novosti news agency in December Y2010 that the start up of a full cycle had been planned for the second half of Y2011, however these plans weren't realized. According to the interlocutor of the agency, the total amount of investments into implementation of the project on starting up the second line which provides a full cycle of bearings production on the joint venture will make about 40 million dollars.

"We are ready to start full production cycle in October this year. We start with turning processing, then a thermal processing is followed, then there is a grinding processing and assembly, that is a full cycle", - the representative of JV EPK-Brenco told during the conversation with Valentin Gapanovich, Senior Vice-President of JSC Russian Railways, taking place in Saratov.

The employee of the press service of EPK in February Y2009 reported to RIA Novosti news agency that the TBU units will replace cylindrical railway bearings. Term of operation of case bearings is three times higher and they give a possibility to increase loading capacity of cars and speed of movement of locomotives up to 300 kilometers per hour.

Planned investments into the project on the creation of joint venture are about 70 million dollars, about 15 million dollars of them were invested in first production queue for the beginning of Y2009. Expected annual turnover of the enterprise is 100 million dollars. It is supposed that JSC Russian Railways will become the main consumer of the TBU units.

According to the project, at the initial stage EPK-Brenco was engaged in assembly of bearings from the American accessories with the subsequent stage-by-stage transition to a full cycle of production.

EPK was established in 2001 and unites the plants in Moscow, Volzhsky, Stepnogorsk, Samara and Saratov. The corporation enterprises let out the widest in the CIS range of bearings of rolling of all the constructive groups with external diameter of from 20 to 2200 millimeters.

 

Press - cutting service

Contact person for Mass media:

Natalia Listashenkova

Senior specialist of communications division 

Tel.: +7(495) 789 75 28  ext. 2023

Fax: +7(495) 789 75 30

E-mail: n.listashenkova@epkgroup.ru

Projects

Import substitution programme of high precision bearings