 The new joint venture, NTN-Bower Corporation, inherited two Federal-Mogul facilities and an additional research facility.NTN Toyo initially owned 60% of this joint venture, but purchased the remaining 40% of NTN-Bower Corporation two years later to fully acquire the company.In 1986, the company constructed its Kuwana plant, NTN Toyo's first factory dedicated to bearings used in aerospace products.