SKF to invest $43M in Xinchang ball bearings plant expansion

SKF will spend 400 million Swedish crowns ($43 million) to expand its manufacturing site in Xinchang, China, to strengthen ball bearing capabilities.

“This investment is part of our strategic ambition to develop our regional manufacturing footprint.”reuters.com

• 1 source
• reuters.comSweden's SKF to invest in Xinchang ball bearings plantJun 17, 2020

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