Your location:  Home  >  Bearing News  >  
<<  Back

Ford cancels SKF components contract, hits South African jobs

Resource from:  Reuters Likes:232
Dec 03,2014
JOHANNESBURG (Reuters) - Some 250 jobs at a South African forging company could be cut after U.S. motor company Ford canceled a components contract with SKF , just weeks after strikes hit car parts manufacturers, a union said on Tuesday. Auto makers producing in South Africa resumed activity in September after a four-week strike by 220,000 metal-workers that hurt assembly lines of brands including Toyota <7203.T>, General Motors and Ford. Last month, Ford's regional head said the company would hesitate before making further investments in the continent's most developed economy because of frequent work stoppages. South Africa's S.P. Metal Forgings will discontinue production of two components that it supplied to SKF, the world's largest bearings maker, after Ford canceled its contract with the Swedish company, said Marius Croucamp, spokesman for the Solidarity union. Production of the two parts will stop in February, S.P. Metal Forgings said in a letter dated Nov. 28 to employees and seen by Reuters. "It could be a consequence of the strike," Croucamp said of the contract's cancellation. The South African company declined to comment while Ford was not immediately available for comment. An SKF spokesperson confirmed the company was a Ford supplier but declined to comment on its "contractual relationship with them". Ford sells about 6,000 vehicles a month in South Africa, making it the country's third-largest supplier behind Toyota and Volkswagen. It also exports vehicles.
(Reuters)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous  Zero-Max Load Adaptors Connect Pump Impellers in Underwater Applications
Next  Aug 17 Bearing Steel Price in Different Regions of China

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.