Japan bearing makers NSK, NTN agree to merger into world’s top player

Manufacturers see need for industry realignment amid mounting costs, competition NSK President Akitoshi Ichii, left, shakes hands with NTN President Eiichi Ukai at a news conference May 12. (Photo by Kosaku Mimura) TOKYO — Japan's NSK and NTN will merge their operations in a move that would create the world's top bearing manufacturer, the companies said Tuesday, seeking economies of scale to control rising costs.

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