SKF inaugurates the SKF Global Technical Centre China

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May 12,2010

Today(May 11, 2010) SKF inaugurated the SKF Global Technical Centre China in Shanghai. The centre will be an integral part of our global network of technical centres and will enable SKF to develop products and solutions for our local and global customers in a faster and more cost effective way.The centre will initially focus on testing and on providing advanced technical knowledge for design, process and supplier validation. In addition, the centre will conduct bearing analysis for customers and will have a fully equipped laboratory for metallurgy and chemistry.The new centre will significantly reduce lead time for our customers and ensure that we continue to develop value-added solutions for their current and future requirements. It enables us to more effectively bring innovation and technical knowledge closer to our customers in China. We have had a very good development of our business in China and this investment, combined with our other recent investments will help us continue this development, says Tom Johnstone, SKF President and CEO. The SKF Global Technical Centre is today implementing the first phase of services to SKF’s automotive and sealing solutions businesses. Later this year it will be expanded to serve the industrial segments as well. 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.

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