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PEER Bearing Company will assume responsibility of all industrial business from General Bearing Corporation (GBC), while GBC will take over PEER's automotive business. The transfer, effective October 2, 2017, aligns resources within the SKF Group.
“Our main priority during this transition phase is to maintain open communication with our customers to make sure all concerns are addressed and the transition is seamless for them.”bearing-news.com
Summarized from public sources; check the original articles before acting on it.