STOCKHOLM, Sweden -- In addition to a contract for seals awarded at the end of 2008, SKF has won a new contract for the supply of tapered roller bearings to Fuwa, a trailer parts manufacturer based in China. The three-year contract is valued at approximately $4.5 million.
 
Guangdong Fuwa Engineering Manufacturing Co. Ltd. is the largest trailer axle manufacturer in the world, headquartered in Shunde city, Guangdong Province, China. Fuwa supplies trailer axles to both Chinese and international manufacturers. SKF’s tapered roller bearings will be used for trailer axles for export to markets with higher performance demands.

Zhiqiang Wu, chairman, Fuwa, commented, “SKF can truly support us on a global basis for our new product development such as steer axles. Fuwa feels to be in very good hands in cooperating with SKF developing our global expansion.”

Tryggve Sthen, president, SKF Automotive Division, said, “I am very pleased that SKF is being awarded yet another contract from Fuwa. By combining our expertise in bearings and sealing solutions as a knowledgeable engineering company, we provide the necessary means to support our customers in their business.”