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100th

2018-09-28 | PRESS RELEASE

Prime Minister of Canada, Justin Trudeau attends 50th Anniversary Celebrations of
NTN Bearing Corporation of Canada

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Prime Minister Justin Trudeau addresses the audience at NTN Bearing Corporation of
Canada's 50th Anniversary Celebration on September 27, 2018 in Toronto.

Mississauga, ON. - The Right Honourable Justin Trudeau, Prime Minister of Canada attended  NTN Bearing Corporation of Canada’s gala celebration on September 27, 2018 at the Omni King Edward hotel in Toronto. The celebration took place to mark NTN’s 50th year of operations in Canada and the 100th anniversary of its founding as a global brand.

Prime Minister Trudeau met privately with Takako Ito, Consul-General of Japan in Toronto, Hazel McCallion, former mayor of Mississauga, Hiroshi Ohkubo, President, NTN Corporation, and Paul Meo, CEO and President, NTN Bearing Corporation of Canada.  The Prime Minister then made his way to the celebration event, where he addressed the audience recognizing the contributions NTN Corporation has made to the community and acknowledged NTN as a great example of global success and international investment in trade.

“We are so proud of this milestone,” said Paul Meo, CEO and President, NTN Bearing Corporation of Canada. “NTN has achieved 50 years of steady growth in the Canadian market and 10 decades of global innovation. Our longevity is a credit to our employees, whose dedication and commitment are key to our competitiveness.”

NTN was established in Canada in 1968 to help support local sales and manufacturing of NTN bearings in the Canadian market. NTN is the world third largest bearing manufacturing and has over 68 plants globally.

“NTN is a leading example of a long standing Japanese manufacturer in Mississauga that continues to introduce new innovative products to Canada,” said McCallion adding that “the 100th anniversary of NTN’s founding is a tremendous milestone achieved in the competitive world of global business.”

According to Paul Meo, NTN's company vision is "to transform into Canada’s leader of the ultimate bearing customer experience...beyond supplying world-class bearings, our purpose centers on servicing our customers by anticipating their needs, creating solutions and providing the highest level of service."

NTN has range of bearings, constant velocity joints, and other precision industrial and automotive equipment.  It provides bearing services, which include technical support, maintenance and reliability services, engineering consulting and training.

“NTN’s impressive history of building strong industry relationships has contributed to the success of many companies world-wide, including Wajax,” said Justin Warren, Vice-President Marketing, Wajax. “We congratulate NTN for their 50 years of service to Canadian industries and for reaching the impressive milestone of 100 years in operation.”

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“Motion Canada is all about partnership – with our employees, customers, communities and our suppliers,” said Dermot Strong, President, Motion Industries (Canada) Inc. “We consider NTN a world-class partner for a number of reasons, but in particular, their program execution drives mutual growth and profitability like no other supplier we work with. That’s why we’ve enjoyed such a long and prosperous relationship with NTN, and that’s why we’ll continue to partner with NTN well into the future.”

“Not only has NTN been manufacturing bearings using the most stringent quality standards in the industry for the last 100 years, the corporation is continuously investing to develop unique technical solutions to differentiate itself and deliver an amazing value-proposition to our end-customers,” said Mike Allen, Vice-President, Central & Eastern Canada, Applied Industrial Technologies. “Applied Industrial Technologies congratulates NTN Corporation on their 100th anniversary and NTN Canada’s 50 years of dedicated service to their partners and customers across Canada.”

"It’s been a quality partnership and a pleasure to work with this industry leader,” John Morrison, Vice-President Supplier Relations, IDI Independent Distributors Inc. “We look forward to partnering with NTN for years to come.”

“NTN listens to us as customers and treats us as valuable partners,” said Lisa Greenwood, Purchasing Manager, BDI Canada Inc. “Their sales team, both inside and out, provide excellent customer service and a strong technical background.  On behalf of BDI Canada, I extend our congratulations to NTN on 100 years of business and 50 years in Canada.  We look forward to many years of continued partnership.”

“NTN’s products are world class and they continue to innovate and work with us collaboratively for the mutual benefit of our customers,” said Farrokh Khalili, Chairman & CEO, Canadian Bearings Ltd.  “I would like to extend my congratulations for 100 years of successful global operations and 50 years of growth in the Canadian marketplace.”

As the first bearing manufacturer to be awarded the prestigious Deming Prize for recognition of its quality products and systems, NTN bearings are often selected by world leading companies for use in applications such as automobiles, railroad cars, construction machinery, aircraft, medical equipment and more. As a company looking to the future, NTN places emphasis on investing in research and development through technological leadership in products and processes, through profitable components and systems that provide added value for our customers. ‘NTN’s 100 Drive’ campaign which outlines the company’s growth plan for the next 100 years focuses on transforming the business into the next century through increased investment in digitalization, research & development, innovation of new technologies, variable cost structure, optimization and new efficiencies with its Kaizen spirit.


 

Brother Tom Liss (Good Shepherd Ministries Toronto),  Ms. Takako Ito (Consul-General of Japan in Toronto), Ms. Hazel McCallion (former mayor of Mississauga) and Prime Minister Justin Trudeau during NTN Bearing Corporation of Canada’s 50th Anniversary Celebration in Toronto.

Mr. Katsuaki Miyake, CEO of the NTN Americas Region, NTN Corporation; Mr. Yoshinori Terasaka, Managing Director of NTN Corporation; Mr. Paul Meo, President & CEO, NTN Bearing Corporation of Canada; Mr. Hiroshi Ohkubo, President of NTN Corporation; Ms. Bonnie Crombie, Mayor of Mississauga; Prime Minister Justin Trudeau; Ms. Hazel McCallion, former Mayor of Mississauga; Mississauga Fire Chief, Tim Beckett and Ms. Takako Ito, Consul-General of Japan in Toronto (and spouse Claude).

Prime Minister Justin Trudeau addresses the audience at NTN Bearing Corporation of Canada’s 50th Anniversary Celebration on September 27, 2018 in Toronto.

NTN Bearing Corporation of Canada presents the Good Shepherd Ministry with a $26,465 cheque from funds raised with its industry partners during NTN Bearing Corporation of Canada’s 50th Anniversary Celebration in Toronto.

A traditional Japanese Kampai Sake barrel ceremony was held to mark the 50th Anniversary of NTN Bearing Corporation of Canada’s operations in Canada.

Prime Minister Justin Trudeau greets guests at NTN Bearing Corporation of Canada’s 50th Anniversary Celebration on September 27, 2018 in Toronto.

 

About NTN

Founded in 1918, NTN is one of the world's largest producers of premium quality ball and roller bearings, long recognized for the most stringent quality standards in the industry.  With plants around the globe and a strong domestic manufacturing network, over 80% of the products sold by NTN in North America are made by one of the ten plants the company operates in Canada and the USA. In the automotive field alone, we enjoy the largest global market share of hub bearings and the second-largest global share of drive shaft bearings. For more information, visit www.ntn.ca

 

NTN Contact:

Rita Payne, NTN Marketing: rpayne@ntn.ca