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SKF is investing approximately $23 million to move tapered roller bearing manufacturing from China to an existing manufacturing site in Mexico. The move is part of its North American manufacturing consolidation announced September 24, 2020.
“A further $23 million is being invested in localizing manufacturing of tapered roller bearings (TRBs) from China to an existing manufacturing site in Mexico.”pumpsandsystems.com
Summarized from public sources; check the original articles before acting on it.