SKF invests in magnetic bearing manufacturing to meet increasing demand

Thomas Fröst, President, Independent & Emerging Business, says: "Magnetic bearings have played a key role in traditional energy segments for many years. As this technology is now playing a central role in green industries, we need to make sure we can maintain our leading position in terms of technical development and customer service. Our new site in Morocco is an important step in this direction." Thomas Fröst, President, Independent & Emerging Business, says: "Magnetic bearings have...

Thomas Fröst, President, Independent & Emerging Business, says: "Magnetic bearings have played a key role in traditional energy segments for many years. As this technology is now playing a central role in green industries, we need to make sure we can maintain our leading position in terms of technical development and customer service. Our new site in Morocco is an important step in this direction."

Magnetic bearings are one of SKF's technology growth areas. The Group secured a record order intake for these products of over SEK 1 billion in 2022.

Aktiebolaget SKF
(publ)

For further information, please contact:
PRESS: Carl Bjernstam, Acting SKF Media & Press Director
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com

INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations
tel: 46 31-337 2104; mobile: 46 705-472 104; patrik.stenberg@skf.com

 

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