"This investment will promote the SKF business in China and Asia's rapid growth." Ai Lan, president of Germany with respect, to select the factory in Shandong, vice president of SKF, is based in Shandong is China's important industrial base, coastalareas SKF clients. "In this location to help better serve our customers."
Prior to this, SKF has manufacturing plants in Dalian investment and construction of large bearings and medium-sized bearing, large bearing factory system a total investment of 1.5 billion yuan.
Headquartered in Gothenburg, Sweden's SKF, after entering the Chinese since 1916 (the period there were a few years to interrupt business in China, 1986 to resume sales of China), China has become an important part of its global business.
Despite the economic crisis had a negative impact caused to SKF, but can still be seen in its 2010 earnings report, SKF sales of a 8.54% growth in its sales amounted to SEK 61 billion (about $ 9.5 billion), of which the Chinese sales of 7.3 billion yuan.
According to Ai Lan Germany, SKF China's growth in recent years to maintain the rate of 30 percent of its sales accounted for 12% of the Group proportion. Third from cars, trucks, construction machinery business, one-third from industry, the OEM business and services business. In fact, China's economic development has led SKF in over 40 industries flourish. "
"In the future, China is expected to become the Group's largest market." Ai tell Lan Germany, "National Financial Weekly," At present, China ranked only in the United States and Germany. "
Be completed by the end of last year after the acquisition of Lincoln lubrication systems, SKF has business platform to expand into the field of lubrication systems, electromechanical systems, become a collection of five platforms in a multinational.
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