Tri-Ring Group mulls opening R&D center in Poland

One of the biggest Chinese special purpose vehicle and automobile components producer Tri-Ring is considering establishing a R&D center in Poland and plans further acquisitions after taking over a ball bearing factory in Kraśnik, Weiren Zhao, head of Tri-Ring International told ISBNews. "After taking over the factory in Kraśnik, the company is investing to increase the productive capacities and to improve the quality of products. What's more, ... Tri Ring is considering Poland as a location for an R&D center," said Zhao. The company is also mulling other activity on the Polish market, such as acquisitions, he added. Tri-Ring acquired the Polish bearing manufacturer FŁT-Kraśnik, in 2013. Tri-Ring Group Corporation is a Chinese state-owned manufacturing enterprise mainly engaged in production and operation of special purpose vehicle and automobile components and CNC metalforming equipment.