Ningbo MOS Group Co., Ltd

China Bearing Industry Website

mosbearing — Fri, 05 Sep 2008 09:46:53 CST

The most professional website in bearing industry, China Bearing Industry Website is a unique portal website sponsored by China Bearing Industry Association (CBIA), corporate with vice board chairman units and domestic famous bearing enterprises. For the purpose of promoting development of bearing industry, the aim of website is to serve all the manufacturers and users both at home and abroad, to provide the most comprehensive, accurate and up-to-date information.

According to the demand of users we set up more than 20 columns, such as Association Column, Industry News, Product Inquiry, Bearing Trade Center, Online Exhibition, Anti-counterfeit Column, Brand Product, Equipment and Instrument, Industry Standard, Statistical Data, Quality Inspection, Planning and Forecasting,, Technical Forum, New Product Release, Address List of Enterprises, etc. We will open more new columns like Staff Training, Invite Tenders and Price Information to meet the increasing demands.

China Bearing Industry Website has built a reputation since its opening in 2003 based on timely and practical information, reliable data and authoritative content. It is in the first of specialized website that attracts an average of 7,000 visitors per day and 20,000 at best.

In accordance with the principle of strengthening international cooperation and exchange, we particularly provide English Version for overseas enterprises and users. The main content includes Introduction of CBIA, Major Manufacturer Enterprises, and Bearing & Related Product Supply and Demand Information. Only registered users are allowed to issue demand and supply information for free, we will check it for ensuring the reliability and security, please make sure the input details are correct. Also, we will inform the related manufacturers to contact with users directly if it necessary.

You are welcome to visit our website http://mosbearing.bokee.net to get more information

2008 Shanghai International Bearing Summit Forum

mosbearing — Fri, 05 Sep 2008 09:45:19 CST

2008 China International Bearing Industry Exhibition (2008 BEARING) will be held at Shanghai in September 23 to 26, 2008. In the meantime, China Bearing Industry Association (CBIA) will also host 2008 Shanghai International Bearing Summit Forum. CBIA will invite main domestic executives from metallurgy, automobiles, machine tools and wind power generation industry as well as main bearing production executives home and abroad to participate in the forum.

The main contents of the forum include: Invite concerned leaders from national authorities and CBIA to make reports on China national economy and the development trend of bearing industry; Invite domestic and overseas main bearing production executives to make speech or issue news on the development and strategies of their enterprises; Organize executives from main equipment industry and main bearing enterprises home and abroad to exchange ideas and have discussions in terms of different sectors.

The bearing summit forum will attract more bearing users from equipment industry to participate in 2008 China International Bearing Industry Exhibition. That will promote the communication and cooperation between supply and demand parties and will enhance the overall effect of the exhibition.

You are welcome to visit our website http://mosbearing.bokee.net to get more information

Basics of bearings

mosbearing — Tue, 26 Aug 2008 15:35:05 CST

As a leading deep groove ball bearing manufacturer in China, MOS is specialized in producing miniature and small sized bearings of many types.At first ,as a bearing manufacturer, we would like to talk about the basics of bearings.

Bearings are basically used to ease friction between moving parts. They are also used to carry load in certain industries such as those that handle materials. They find application in rotating parts of virtually all machines and automobiles. The automobile industry is the major user segment for bearings, followed by general engineering, heavy industries and railways.

Bearing makers are developing new technology with the aim of further improving production efficiency and protecting the environment. To meet customers requirement they are carrying out bearing related research and development of application technology in order to create bearings with improved compactness, reduced weight, greater speed capability higher precision, longer life and greater ability to perform satisfactorily in severe usage environments, such as extremely low and high temperatures and vaccums, as found in outer space etc., In addition, bearing makers are providing aggressive technical service to customers from development through mass production to meet their needs during all stages.

With increasing international quality demand, modernisation is naturally need of the bearing industry today. The industry has been making continuous efforts to improve upon the quality parameters either with help of collaborators of by installing the latest machines. The bearings manufactured by the indian industry have to improve considerably to meet international standards.

You are welcome to visit our website http://mosbearing.bokee.net to get more information

First American is Lone Title Insurer Bearing Good News

mosbearing — Tue, 19 Aug 2008 13:00:46 CST

It's looking lonely at the top for First American Corp., as the nation's leading title insurer is the only company in the industry to report good news during the second quarter.

    First American said Thursday that it racked up $42 million in profits during the quarter ending in June, as cost-cutting measures outstripped a 20 percent year-over-year decline in revenue, which fell to $1.72 billion. The results beat analysts' expectations and represented a turnaround from the same quarter a year ago, when First American lost $66 million.

    In a press release, First American said its second-quarter results could be hurt by a $37.3 million investment First American Title Insurance Co. has in Mercury Companies Inc. Mercury, a Colorado-based holding company, has been forced to close down title and escrow companies in California, Arizona, Texas, Oregon and Nevada (see story).

    First American said it cut salary and other personnel costs in title insurance and services by 24 percent during the second quarter, to $338.6 million, closing 94 offices and laying off about 700 employees. The company's direct operations closed 401,200 title orders for the second quarter of 2008, a decrease of 17 percent from a year ago, and saw orders decline each month of the quarter. Another 30 offices have been targeted for closure by the end of the year.

    First American Chairman and CEO Parker Kennedy also said the company has delayed plans to spinoff its financial services and information solutions units into separate companies.

   "Given the uncertainty in the real estate and mortgage credit markets, we believe it is prudent to delay the split," Kennedy told investors in a conference call. "Our primary focus at this time is expense management, product development and maximizing profitability. We will split the companies when we see more stability in our markets and when the outlook becomes clearer."

   First American's closest rival, Fidelity National Financial, reported on July 23 that profits fell 92 percent, to $6.9 million, despite the elimination of more than 1,200 positions in title field operations and an additional 400 positions in other areas of the company during the quarter.

   The nation's third-largest title insurer, LandAmerica Financial Group, surprised analysts on Wednesday by posting a larger-than-expected $50 million loss for the second quarter, sending the company's shares plummeting. LandAmerica said it cut salary and employee benefit costs by 39 percent from a year ago, laying off the equivalent of 3,600 full-time employees in title operations in the last 12 months.

    Stewart Information Services Corp., the fourth-largest title insurer, reported a $26.6 million loss Wednesday, as revenue fell 25 percent to $428.5 million. Stewart reported laying off 350 employees in the second quarter, bringing year-to-date head-count reduction to 810, or 9.6 percent of the company's workforce. Stewart has closed 68 branch and office locations this year, and laid off 2,400 employees since the end of 2006.

   Old Republic International Corp., which reported a $45 million loss on July 24, has the smallest share of the title insurance market among the top five title insurance companies, but is struggling with losses from its private mortgage insurance business.

    In a conference call with investors, Old Republic Chairman and CEO Aldo C. Zucaro said the company does not expect to make any money in mortgage guarantees this year or next.

    Although there is "some noise out there" about a recovery, Zucaro said, "We think it's wishful thinking … that a rainbow is about to come up on the good ship lollypop. As we (have) said in the past, our expectations are for a continuation of a relatively stressful period before we can see the emergence of profitability sometime in 2010."

    According to the American Land Title Association, the top five title insurance providers captured 93 percent of the market in 2007, with $13.23 billion in premiums written. The top five companies were First American (30 percent), Fidelity (26 percent), LandAmerica (19 percent), Stewart (12 percent) and Old Republic (5 percent).

    Title insurance companies -- which also generate revenue selling property information to real estate brokerages and investors -- have struggled during the downturn because fewer home purchases mean less business. They have also seen increased claims on title insurance policies written during the housing boom.

    The rapid boom-to-bust turnaround could lead to more industry consolidation, a fact alluded to by Fidelity CEO William Foley. In a conference call with investors, Foley said the company is positioning itself to preserve cash to facilitate potential acquisitions.

    As the market has deteriorated, Foley said, "We believe that there would be some opportunities with other underwriters or other large operations across the country to perhaps consolidate."

You are welcome to visit our website http://mosbearing.bokee.net to get more information.

2008 China International Bearing Industry Exhibition

mosbearing — Tue, 19 Aug 2008 12:57:11 CST

   Since 1990, the China International Bearing Industry Exhibition has become one of the pivotal industry events in the world. Now in 2008,

the China International Bearing Industry Exhibition is the largest

exhibition for bearings anywhere, boasting over 32,000 sq. meters with

an estimated 600 global exhibitors and approximately 80,000 visitors

attending.

Management believes this exhibition will provide an excellent opportunity

for the company to meet with industry leaders and operators to showcase

their products and services. It has become much more than just a large

exhibition, it is the main stage for the buying and selling products and

ervices, the exchange of technology, the sharing of ideas, and industry

networking.

About us:

As a leading deep groove ball bearing manufacturer in China, MOS is specialized in producing miniature and small sized bearings of many types. Its output of miniature bearings is ranked No.1 in the bearing industry in China, among which that of stainless steel thin-wall miniature bearings accounts for up to 15% of the national output of bearings.

Since 1997, MOS has been successively certified to ISO9001、ISO14001，ISO/TS16949, etc. With the establishment of ERP system, MOS has greatly improved its management, operations and efficiency. With its good performance and management practices, MOS has been awarded many honors and titles by the government agencies and industrial associations, and in successive years has been awarded the title of the “Best Supplier” by Black & Decker.

The bearings produced by MOS are widely used in various areas such as household electric appliances, office automation, automobiles, motorcycles, industrial motors, electric tools, advanced fishing tools, food machinery, textile machines, electric toys, navigation meters and instruments, precision electric machines, medical apparatus and instruments, and sewing machines, etc.

Currently, MOS’ products are mainly for export. Its clients are from many countries and regions and among them we can see such world giants as GM, Panasonic, Black & Decker, Shimano, NIDEC, Bosch, VALEO, Ricoh, Samsung, LG, OH-SUNG, Emerson, NIX, Siemens, Konica-Minolta, etc.

You are welcome to visit our website http://mosbearing.bokee.net to get more information.