SKF signs contract to operate warehouse and distribution for Metso Lindemann
2010 May 05, 10:30 CET
SKF has signed a five year contract with Metso Lindemann to operate their global wear and spare parts warehouse and distribution. SKF will supply Metso Lindemann's customers worldwide, on a daily basis, from a state-of-the-art central distribution centre in Tongeren, Belgium. The implementation will require approximately 1,500m² indoor storage capacity and another 3,000m² outside storage. The contract will be effective as of July this year.
Services include inbound operations, warehousing, value added services, customer service activities and outbound operations for spare and wear parts to destinations worldwide. In this facility nearly 2,000 unique product references will be received from the Metso Lindemann factory in Duesseldorf as well as from external suppliers.
-With this agreement we strengthen our partnership with Metso by adding logistics services to an already established cooperation. We help our customers optimize their integrated logistics solutions giving them a competitive edge in costs, services and flexibility says Anders Forsberg, Director, SKF Logistics Services.
-For us the logistics partner SKF is an ideal complement to our logistics system. SKF offers us the opportunity to meet our customers' demand quicker and more effectively. We will now be able to react directly upon the needs of our customers and to the changes of the market situation, says Bernhard Kock, Vice President Services at Metso Lindemann, Duesseldorf.
The SKF Group has been supplying the Metso Group with bearings and lubrication services and technical support since begin of the 80's. Prior to this agreement SKF Logistics Services has already been supplying Metso Mining & Construction Technology with integrated logistics solutions.
Gothenburg, 5 May 2010
|AB SKF may be required to disclose the information provided herein according to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10.30 am CEST on 5 May 2010.|
For further information, please contact:
PRESS: Ingalill Östman, SKF Group Communication, tel: +46 31-337 3260, mobile: +46 706-973260, e-mail: firstname.lastname@example.org
IR: Marita Björk, SKF Investor Relations, tel: +46 31-337 1994, mobile: +46 705-181994, e-mail: email@example.com
SKF is a leading global supplier in the areas of bearings, seals, mechatronics, services and lubrication systems. The Group's service offer includes technical support, maintenance services, engineering consultancy and training. SKF is represented in more than 130 countries and has 15,000 distributor locations worldwide. The Group's annual sales 2009 were SEK 56,227 million. The number of employees was 41,172. www.skf.com.