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Tag: SKF

SKF announces changes to Group Management

 SKF announces the appointment of Henry Wang as President, China and Northeast Asia.Henry is currently President of Alstom's operations in China and was previously CEO of KUKA in China. From 1997-2019, Henry...

Ovako and SKF reach milestone in journey towards net zero bearing...

 A significant milestone has been reached in Ovako´s sustainable journey towards zero carbon emissions. The bearing producer SKF has produced a Spherical Roller Bearing...

More power from smaller motors with new SKF Hybrid deep groove...

 A new high-performance two-piece polymer cage pushes SKF’s Hybrid deep groove ball bearing into new limits and gives more flexibility in the design choices....

SKF and Quaker Houghton enter collaboration to deliver circular use of...

 SKF and Quaker Houghton (NYSE: KWR), the global leader in industrial process fluids, have entered into a new collaboration to offer industrial customers a...

SKF Half-year report 2022: Solid growth and increasing price realization helping...

 Rickard Gustafson, President and CEO:“Review of the second quarterIn the second quarter we saw organic revenue growth above 5%, driven by a general strong...

SKF and ABB increase collaboration on industrial automation

 Memorandum of Understanding signed to facilitate possible future strategic collaborations and new business opportunities.SKF and ABB have entered into a Memorandum of Understanding (MoU)...

SKF Launches Tool to Help Industry Address Carbon Emissions

 SKF launches new, freely available, tool to help industry understand and address carbon emissions.SKF today announced the launch of a new, freely available, tool to help the industry to better understand and address their carbon emissions.Available at the link, users can access a dashboard where they...

SKF First-quarter report 2022: Strong growth with improved industrial margin

 Rickard Gustafson, President and CEO:“In the first quarter, we managed to deliver strong results and growth in an external environment characterized by supply constraints...

SKF, Timken and Schaeffler Announce Quarter 1 Results

  Check-out on the links below the detailed Q1 results for SKF, Timken and Schaeffler.Q1 results SKF: SKF First-quarter report 2022: Strong growth with improved...

Bearing Industry Updates related to Ukraine – Russia conflict (April 2022)

SKF announced that it has decided to cease all business and operations in Russia. The intention is to divest the business in a controlled...