SKF investing to improve the competitiveness of large-size bearing production in Schweinfurt, Germany.
SKF is investing a further SEK 145 million in improving the competitiveness of its large-size bearing production in Schweinfurt, Germany.
Part of the investment will go to installing a new, automatised hard machining channel and a new heat treatment process. Combining this with the latest in connectivity solutions will allow for shorter resetting times and greater flexibility in production batch sizes. Luc Graux, President, Bearing Operations, says: “This investment is in-line with our strategy of developing world-class manufacturing channels across our main product lines that replace older, less competitive technologies. It also reaffirms our commitment to developing our manufacturing base in Europe and, in particular, Germany.” The investment is expected to be completed during 2018. In total, during the last three months, SKF has announced investments totaling SEK 295 million in upgrading production channels in Schweinfurt.
Source: www.skf.com