# SKF opens SEK 50M magnetic bearing plant in Tangier, Morocco

SKF is investing SEK 50 million in a new manufacturing site in Tangier, Morocco, to produce magnetic bearings for turbomachinery and high-speed applications. Operations are set to ramp up in the second quarter of 2023.

- Type: New facility
- Announced: 2023-05-22
- Where: Tangier, Morocco
- Value: $4.70M (50.0M SEK)
- Status: under construction
- Products: magnetic bearings, magnetic bearing systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [e-powertechnology.com](https://e-powertechnology.com/2023/05/22/skf-and-wolong-expand-magnetic-bearing-levitation-motors-businesses/), 2023-05-22: "SKF is increasing its technical and manufacturing capabilities within magnetic bearings through an investment totaling SEK 50 million in a new manufacturing site in Tangier, Morocco."

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