# SKF invests $23M to localize tapered roller bearing production in Mexico

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.

- Type: Expansion
- Announced: 2020-09-24
- Where: Mexico
- Value: $23.0M
- Status: announced
- Products: tapered roller bearings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SKF](https://endata.com/companies/4959.md)

## Sources

- [pumpsandsystems.com](https://www.pumpsandsystems.com/skf-invests-south-carolina-mexico-manufacturing-facilities/), 2020-09-24: "A further $23 million is being invested in localizing manufacturing of tapered roller bearings (TRBs) from China to an existing manufacturing site in Mexico."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.