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SKF to invest in two new Global Technical Centres in Europe

Resource from:  SKF Group Likes:140
Jan 21,2014
New centres make a total of four SKF Global Technical Centres around the world Gothenburg, Sweden, 20 January 2014: As part of the commitment to further increase its investment in Research and Development, SKF has announced plans to build two new Global Technical Centres - one in Gothenburg, Sweden and one in Nieuwegein, The Netherlands. Together these will form a Global Technical Centre Europe (GTCE) structure and will enable SKF to utilise fully its global footprint and resources to develop innovations across its five technology platforms – bearings, seals, mechatronics, lubrication systems and services. SKF already has a Global Technical Centre India (GTCI) in Bengaluru and is expanding its Global Technical Centre China (GTCC) and moving it to the new campus at Jiading, Shanghai. “One of SKF’s driving forces is to continue to deliver world leading research and innovation and to develop new products and solutions which offer significant energy savings for our customers. These two new centres are part of a global network of technical centres which the Group is developing” says Tom Johnstone, SKF President and CEO. He further comments, “In the last four years SKF has more than doubled the number of patent filings, which shows that the increased investment we have made in R&D is bringing results. The opening of these centres reinforces our commitment to increase our investment in research and development and bring it even closer to customers.” The two new centres within GTCE are part of SKF’s technology strategy to develop its global product development and engineering organization. The new Global Technical Centre in Gothenburg will interact with SKF’s Manufacturing Development Centre (MDC), which is the main centre for manufacturing development for the Group. The new centre in Nieuwegein will work closely with SKF’s main Engineering & Research Centre (ERC) where SKF performs state-of-the-art research in areas such as advanced dynamic simulations for bearings, advanced lubrication development and the principles of tribology. Alan Begg, Senior Vice President for the SKF Group Technology and Development explains, “GTCE will leverage synergies with the other global technical centres and focus on areas such as advanced product development, technical data management, and testing. At full capacity, it is estimated that we will need to employ over 100 new engineers in Nieuwegein and around 50 in Gothenburg. They will work in the areas of product engineering and development, as well as testing metallurgy, chemistry and bearing performance analysis.” Aktiebolaget SKF (publ) For further information, please contact: Media Hotline: +46 31 337 2400 Press Relations: Rebecca Janzon, +46 31-337 3880; +46 727-173 880; rebecca.janzon@skf.com Investor Relations: Marita Björk, +46 31-337 1994; +46 705-181 994; marita.bjork@skf.com SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 15,000 distributor locations worldwide. Annual sales in 2012 were SEK 64,575 million and the number of employees was 46,775. www.skf.com ® SKF is a registered trademark of the SKF Group.
(SKF Group)
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