SKF signs long-term agreement with Pratt & Whitney
SKF today announced they have signed a long-term agreement with Pratt & Whitney, a unit of United Technologies Corp. (NYSE: UTX), for approximately SEK 170 million. Within the agreement, SKF will provide main shaft bearings for Pratt & Whitney’s PurePower® PW1100G-JM engine. This agreement and associated work builds upon SKF’s successful support of other Pratt & Whitney engine programs.
Stephane Le-Mounier, Director, SKF Aerospace says, “We are extremely pleased to have been selected for this major engine program and that Pratt & Whitney has confidence in SKF’s technical and manufacturing capabilities. We have created a special commercial, manufacturing, and application engineering team to address Pratt & Whitney’s requirements, which includes a complete rethinking of the way we will manufacture these aero engine bearings.”
SKF will manufacture the main shaft bearings at their aerospace factory in Falconer, New York.
Gothenburg, 4, March 2013
Aktiebolaget SKF
(publ)
For further information, please contact:
MEDIA HOTLINE: 46 31 337 2400
PRESS: Rebecca Janzon, Director, Press Relations
tel: 46 31 337 3880, mobile: 46 727-173880, e-mail: rebecca.janzon@skf.com
INVESTOR RELATIONS: Marita Björk, Head of Investor Relations
tel: 46 31-337 1994, mobile: 46 705-181994, e-mail: marita.bjork@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 15,000 distributor locations worldwide. Annual sales in 2012 were SEK 64,575 million and the number of employees was 46,775. www.skf.com
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