SKF inaugurates factory in Changshan, China

Gothenburg, 17 April 2019: SKF has inaugurated its tapered roller bearing factory in Changshan, China. Following an investment of approximately SEK 200 million, the new factory will improve the Group’s competitiveness in the industrial drives and automotive segments in China.

Previously operating across three sites in China, development and manufacturing of the SKF, PEER and GBC brands are being consolidated into a more modern and efficient site.

Patrick Tong, President, Industrial Sales, Asia, says: “This is an important investment for us. We are able to bring together our three brands, combining R&D and manufacturing competence, strengthening our position within a number of segments.”

The Changshan factory employs approximately 600 staff.

Aktiebolaget SKF
     (publ) 

For more information:
22 November 2018: SKF consolidates manufacturing in China; invests in new facility [link to press release]  

For further information, please contact:
PRESS: Theo Kjellberg, Director, Press Relations
tel: 46 31 337 6576, mobile: 46 725-776576, e-mail: theo.kjellberg@skf.com

INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations
Patrik Stenberg, 46 31-337 2104; 46 705-472 104; patrik.stenberg@skf.com

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2018 were SEK 85 713 million and the number of employees was 44 428. www.skf.com  

® SKF is a registered trademark of the SKF Group.

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