SKF hosts Capital Markets Day; continues investment in manufacturing automation

SKF’s Capital Markets Day focuses on value propositions and delivering on financial targets; SEK 150 million investment being made in manufacturing automation

Gothenburg, 29 November 2018: SKF is today hosting a Capital Markets Day in Schweinfurt, Germany. Participants will be given an update on the Group’s strategic, financial and operational development. Focus will also be placed on the Group’s value propositions around the rotating shaft and activities under implementation to reduce net working capital.

The Group’s investments in manufacturing and product development initiatives will also be presented, as well as achievements and focus areas within the Automotive business.

Continued investment in automation 

The Group continues to deliver on its strategy of implementing automated manufacturing technologies through two investments totalling SEK 150 million:

An automated production line, with flexible machining technology, for rollers used in large-size bearings in Schweinfurt, Germany.

An automated deep groove ball bearing assembly line in St Cyr, France.

Both investments contribute to increased competitiveness, flexibility and quality and are expected to be completed during the first half of 2020.

About BHR Bearing ( Shenzhen Qinggong Bearing Co, Ltd.)

Shenzhen Qinggong Bearing Co., Ltd. （www.bhrbearing.cn）is a well-know bearing manufacturer in China since the year 1996 with its own factory. Despite our own BHR bearings, we also distribute kinds of famous branded bearings from worldwide manufacturers SKF bearings, FAG bearings, NSK bearings, KOYO bearings, NTN bearings, NACHI bearings, ASAHI bearings, TOYOTA auto bearings......and OEM can also be supplied.

We BHR bearing is focused and committed to deliver our customers high quality products and solutions because they are at the core of everything we do. By combining technology with our design engineering expertise we are able to offer a breadth of advanced bearings and solutions. With variety of bearings, competitive prices, fast delivery and good after-sale service, hope we will get a chance to talk bearings together.