SKF to expand production in China
September 11, 2012
Sweden’s SKF, a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services, is establishing a new SKF Campus in Jiading, Shanghai, to support continued growth in China and Asia.
The investment includes a new automotive factory for wheel bearings for passenger cars, as well as the relocation and expansion of the Global Technical Centre China (GTCC), SKF Solution Factory and SKF College to the new site. The GTCC includes product development, engineering services, global metallurgy and chemistry labs, manufacturing process development, testing and product investigation.
The new campus will cover an area of 45,000 m2 and will employ around 900 people by 2015, of which 400 will be part of GTCC. Located in the Jiading district in Shanghai, the SKF Campus is in close proximity to several major SKF automotive and other customers, as well as technical universities and engineering institutes. Construction is planned to start in Q3 this year and to be completed in Q4 2013.
“SKF’s business in China and Asia is very important to the SKF Group and we are confident in its long-term development. This new campus means SKF will further strengthen our manufacturing, engineering, development and testing footprint in the region. It will enable us to even better support our customers locally with higher speed and increased competence and resources,” stated Tom Johnstone, SKF President and CEO.
The investment for the land, new factory, and relocation of technical centre is around SEK 700 million. The new automotive factory will manufacture mainly hub bearing units for the automotive market and will enable SKF to further strengthen local supply and engineering services to both Chinese and global customers in China.
Celebrating 100 years in China
SKF also announced that the company is celebrating 100 years of business with China. SKF sales in China started in 1912 and today SKF has 18 factories and over 7,000 employees in China.
Posted by: Paul Whittaker, Editor ipmd.net, [email protected]
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