SKF doubles its manufacturing capacity in Indonesia.SKF SKF Svenska Kullagerfabriken SKF Svenska Klätterförbundet (Sweden) SKF Smithsonian Kite Festival SKF San Antonio Kelly Field Annex (Lackland AFB, Texas) DOUBLES ITS MANUFACTURING CAPACITY IN INDONESIA. SKF, Gothenburg, Sweden has decided to build a second factory next to its existing one on its Jakarta, Indonesia premises. Strong demand for SKF's ball bearings ball bearings n → roulement m à billes from the two-wheeler market in Asia has led to a need for increased manufacturing capacity. The new factory, which will double SKF's capacity in Indonesia, will be completed in 2007 and will employ 200. Total investment is SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 200 million (US$ 25.8 million). IN OTHER SKF NEWS: the company has acquired Sommers Industriteknik AB, Linkoping, Sweden, a distributor of Vogel lubrication lubrication, introduction of a substance between the contact surfaces of moving parts to reduce friction and to dissipate heat. A lubricant may be oil, grease, graphite, or any substance—gas, liquid, semisolid, or solid—that permits free action of systems. Annual revenue for Sommers Industriteknik is roughly SEK 16 million (US$ 2 million). With 40 years of technical experience in Vogel lubrication systems, Sommers Industriteknik will function as a lubrication competence center for the SKF sales units in the Nordic countries. |
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