2023 June 1st Week KYOCM News Recommendation - SKF consolidates manufacturing in Europe, proposes to close factory in Luton

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SKF today announces a consolidation of its spherical roller bearing manufacturing to secure the long-term competitiveness on the European markets. The consolidation is also in line with the Group’s strategy to invest in automation and regionalization, and accordingly right size its manufacturing operations in Europe. Consequently, SKF proposes to cease its bearing manufacturing site in Luton, UK.

Manufacturing at the site in Luton would be ramped down, with a full closure anticipated by the end of 2024. Production is proposed to be moved to SKF’s factory in Poznan, Poland.

Aldo Cedrone, Acting President, Industrial Region Europe Middle East and Africa, says: “Although it is a difficult decision to make, this is an important step in securing our long-term competitiveness on the European markets. To ensure that our spherical roller bearing production stays competitive, investments are needed in new machinery and our evaluation showed Poznan is the optimum site for this investment. Our immediate focus is to support our colleagues in Luton.”

The Luton factory currently employs approximately 300 people. The proposed activities are subject to consultation with employees and union representatives and SKF is fully committed to engaging with employees and their representatives throughout the consultation process.



(https://www.skf.com)


More About KYOCM:

Located in industrial area of the Zhaozhuang Industry Park in Linqing, Shandong, Kaiyou Bearings Co., Ltd. is a professional bearing manufacturer and exporter with nearly 20-year experience. The products have reached the international advanced level with advanced production technology and modernized measuring management. Products are widely used in electrical and mechanical trades, the farm machinery industry, the automobile industry and all kinds of transmission facility manufacturing extensively. The products have a good sale in domestic and international dozens of country or region. Companies with the “integrity-based, quality firs” as the operational concept.

 

2023 New Week Hot Products Recommended:

Tapered roller bearing:

KYOCM tapered roller bearing adopts outer ring and inner ring components. The outer ring is composed of an outer ring, and the cone assembly is composed of an inner ring, a roller and a cage. This bearing structure can withstand combined loads and provide low friction during operation. Rigid bearing applications can be achieved by adjusting a single row tapered roller bearing to a second tapered roller bearing and applying preload. KYOCM tapered roller bearings include single row tapered roller bearing, double row tapered roller bearing and four row tapered roller bearing.

 


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Add: No.57 Youzhuang Commerial Street Zhaozhuang industry Garden Linqing City Shandong China

Tel: 0086-635-2632030

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Email: yobearing@hotmail.com

Web: www.kyocm.com

 


2023-06-01

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