SKF increases regionalization in North America
Greenfield factory investment totaling SEK 700 million will support strategic development in the Americas and meet customer needs as focus on electrification increasesGothenburg, 2 February 2023: SKF is further strengthening its value chain in North America. Investments totaling SEK 700 million are being made in locating engineering and manufacturing capabilities in a new, greenfield facility in Monterrey, Mexico. The factory will produce products for the fast-growing and strategically important electric vehicle drivetrain and commercial vehicle markets in North America, as well as a range