SKF awarded new contract by Fuwa
In competition with both international companies and domestic Chinese suppliers, SKF has been awarded a contract for supplying of seals for the trailer axle by Guangdong Fuwa Engineering Manufacturing Co. Ltd.
Fuwa is the largest trailer axle manufacturer in the world, headquartered in Shunde city, Guangdong Province, China, with customers in a number of countries in Asia, Australia, Middle East, Americas, Europe, and Africa. This 3 year contract comes into effect 2009 and involves deliveries of 600,000 seals per year.
Amy Wu, Director of Fuwa, says: “We found that the SKF Scotseal solution offered more benefits, such as the significantly longer service life time, overall high quality, and strong performance”.
“I am very pleased with this positive result after an extensive evaluation period, where we have proved that our solution provides Fuwa with true value added benefits”, says Ulrich Selig, Head Truck Sales Asia, SKF China.
The seals will be produced in the SKF factory in Wuhu, China.
Göteborg, 9 January 2009
Aktiebolaget SKF
(publ)
AB SKF may be required to disclose the information provided herein according to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10.00 am on 9 January 2009.
For further information, please contact:
PRESS: Ingalill Östman, SKF Group Communication, tel: +46 31-337 3260, mobile:
+46 706-973260, e-mail: ingalill.ostman@skf.com
IR: Marita Björk, SKF Investor Relations, tel: +46 31-337 1994, mobile: +46 705-181994,
e-mail: marita.bjork@skf.com
SKF is a leading global supplier in the areas of bearings, seals, mechatronics, services and lubrication systems. The Group’s service offer includes technical support, maintenance services, engineering consultancy and training. SKF is represented in more than 130 countries and has 15,000 distributor locations worldwide. The Group’s annual sales 2007 were SEK 58,559 million. The number of employees was 42,888.