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Home » News » Bearing giant SKF provided additional investment to Xinchang

Bearing giant SKF provided additional investment to Xinchang

Views:54     Author:Site Editor     Publish Time: 2019-11-08      Origin:Site

On June 19, the Gothenburg post of Sweden reported that SKF, a Swedish bearing giant, invested 370 million Swedish kronor to build a new factory in Xinchang, Zhejiang, China to produce tracked ball bearings. The new plant in Xinchang is expected to be fully operational by next spring or summer, said Theo Kjellberg, SKF's press officer.

The second phase of the Xinchang project aims to start construction by the end of the year, three years ahead of schedule."Swedish bearing giant SKF group executives recently made additional investment decision, the national bearing industry attention."Compared with big cities, Xinchang, a small mountain county, has no obvious advantages."Yesterday, SKF Xinchang contact Wang weixing confessed, but when they were planning to expand the investment, they immediately thought of Xinchang.

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This article is reproduced from Official account on Wechat.


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