Date: 2013-08-01

SKF Acquires Remaining Part of US Based Seals Company

In April 2006, SKF acquired 51% of the shares in Macrotech Polyseal Inc. Part of the agreement was for SKF to acquire the remaining 49% of the shares within three years, and that is now completed. This will affect SKF's cash flow with USD 25 million during the second quarter 2009.



The company, now called SKF Polyseal Inc., is based in Salt Lake City, Utah, USA, and offers sealing solutions for a wide range of industries. In 2008, the turnover was USD 39 million and the number of employees was 373.



Dan E Reed, President SKF Sealing Solutions, SKF USA Inc., says: "through this acquisition, SKF has acquired a leading position in the North American fluid power seals market".

Previous: SKF Rolling into Towamencin
Next: Spherical Roller Bearings Reduce Ship Vibration

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
7921C KOYO	105	145	20
7320C KOYO	100	215	47

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.