The company said that the purchase marks the first step in execution of its expansion plan. In the initial phase, China Wind Systems will focus on producing rolled rings that measure up to six meters in diameter as well as other windmill components such as shafts. China Wind Systems plans to purchase additional equipment during phases two and three of its expansion.
In phase two, the company intends to manufacture yaw bearings and gear boxes. In phase three, the company will manufacture other windmill components such as rotor blades. At the conclusion of its expansion, China Wind Systems expects to be capable of producing forged rolled rings, measuring up to eight meters in diameter and weighing up to 150 tons to suit different applications and processes in the wind power industry.
Jianhua Wu, chairman and CEO of China Wind Systems, said: Demand for rolled rings is strong, particularly for larger rolled rings used in the wind power industry. With the addition of our new equipment, we will expand our production capabilities to produce precision rolled rings that measure approximately six meters in diameter and shafts that weigh approximately 18 tons.
