SKF China sTRB Manufacturing Site Opening Ceremony Held

2019 January 31, 08:30 CET

Respond to China Market Development, Better Meet Customers' Demandwith flexibility and agility

[Zhejiang, China]A grand ceremony was held on April 8th, to celebrate the opening of SKF China sTRB Manufacturing Site in Changshan County, Quzhou. About 150 guests including governments, customers, suppliers, media, together with SKF Industrial Sales Asia and SKF China President Patrick Tong and other management witnessed this moment.

TRB covers a wide variety of sectors including automotive and industrial area
This newly built Changshan plant, with a total investment of SEK 200 million and covering an area of 145,000 sqm, will mainly produce tapered roller bearings (TRB), which are used in automotive, agricultural and general machinery industries, etc.

A comprehensive product portfolio combining 3 brandsadvantages
By combining the comprehensive bearing product portfolio of SKF, PEER and GBC, the foundation of this plant will further improve SKF's customer service level and competitiveness in China TRB market.With its comprehensive product portfolio, faster delivery, and customer-oriented engineering capability, SKF will be able to meet customers' various demands with better and faster service.

Strengthen SKF footprint in China with commitment to China market

"SKF has been establishing plants in China ever since 1994, and so far has set up more than 10 plants in China," Patrick Tong said, adding that China market is in dynamic change, and customers’ requirement is changing as well. Changshan plant can meet the demand of customers with agility and flexibility. He said that, with the investment in this plant, SKF is strengthening its footprint in China and
reinforcing its commitment to this market.

SKF China

For further information, please contact:

Press Relations:Theo Kjellberg, +46 31-337 6576; +46 725-776 576;

Investor Relations:Patrik Stenberg, +46 31-337 2104; +46 705-472 104;

SKF’s mission is to be the undisputed leader in the bearing business. SKF offers solutions around the rotating shaft, including bearings, seals, lubrication, condition monitoring and maintenance services. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2018 were SEK 85 713 million and the number of employees was 44,428.

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