SKF consolidates manufacturing in Europe, proposes to close factory in Luton
Gothenburg, 31 May 2023: SKF today announces a consolidation of its spherical roller bearing manufacturing to secure the long-term competitiveness on the European markets. The consolidation is also in line with the Group’s strategy to invest in automation and regionalization, and accordingly rightsize its manufacturing operations in Europe. Consequently, SKF proposes to cease its bearing manufacturing site in Luton, UK. Manufacturing at the site in Luton would be ramped down, with a full closure anticipated by the end of 2024. Production is proposed to be moved to SKF’s factory in Poznan,