Yes, it's true he said that. But so what? They still make bearings. Even the SAE specification says they can have components produced elsewhere. So if I understand you, then nobody in the bearing industry makes bearings, since they all have third parties manufacture the components. If that is your point, then what's the big deal. There are no bearing manufacturers, only bearing makers? Because none of the bearing makers produce the steel they use and most don't produce the components either. I don't understand what the big difference is that you are talking about.
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