SKF opens China bearing factory
SKF officially opened its second bearing factory in Dalian, northeast China.
The factory produces medium size bearings, which complement the range of large bearings produced in the existing factory, which opened in 2006. The industrial bearings from the factories will mainly serve customers within the electric motor, industrial electrical, industrial transmissions, metalworking, mining, mineral processing and cement, off-highway, pulp and paper and renewable energy industries.
"China is a very important market for the SKF Group and the opening of this new factory reinforces our commitment to our customers and distributors here and in the Asian region," says Tom Johnpstone, resident and CEO of SKF. "Our total investment for the two factories in Dalian will be around billion 1.5 SEK and fully supports our very positive development in the industrial market. We are bringing the latest technology to this facility and this combined with our new Global Technical Centre in China will enable us to more quickly develop new products and support the long-term technological development in the Chinese industry."
SKF Dalian is located in the Dalian Economic and Technological Development Area and consists of a large size bearing factory and medium size bearing factory and is the largest bearing base for industrial product sales for SKF China. The two factories are expected to employ over 800 workers by the end of 2011.
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