SKF closes seals plant in USA Production moves to Italy

SKF closes seals plant in USA Production moves to Italy SKF's seals plant in Bethlehem, Pennsylvania, USA, will be closed at the end of March this year. The manufacturing equipment will be transferred to SKF's Italian seals operations at RFT. The Bethlehem plant has been manufacturing bearing seals. Some 40 employees are affected by the transfer. The closing of the US plant is a step in the process to rationalize the production of bearing seals and improve productivity and profitability. Göteborg, January 16, 2002 Aktiebolaget SKF (publ.) For further information, please contact: Lars G Malmer, SKF Group Communication, tel. +46 31 337 1541, e-mail: Lars.G.Malmer@skf.com Aktiebolaget SKF, SE-415 50 Göteborg, Sweden, tel. +46 31 337 1000, fax +46 31 337 2832, www.skf.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/01/16/20020116BIT00620/bit0003.doc http://www.waymaker.net/bitonline/2002/01/16/20020116BIT00620/bit0003.pdf