GOTEBORG, Sweden -- SKF this week inaugurated a new wholly owned automotive components facility, SKF (Shanghai) Automotive Technologies Co. Ltd., in Anting Auto Town, Shanghai. This is SKF’s 10th facility in the region. The other nine SKF factories in China are located in Beijing, Shanghai, Dalian and Wuhu.
This new factory is part of SKF’s global strategy to further strengthen the presence in China, as well as increasing the capacity and competitiveness in the Asia region as a whole. The company has invested $25 million in two channels producing hub bearing units for cars. In order to service the vehicle service market segment in China, kitting and packing operations will be made within the same facility.
An automotive technology center will also be built in this facility to support SKF’s strategic growth in China.
