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Date: 2013-08-01

SKF Launches New Divisional Structure

SKF has decided to rationalise its divisional structure and reduce the number of divisions within the Group. As from January 1, 2006 the Aero and Steel Division as well as the Electrical Division will be integrated into the other divisions.


The development, manufacturing and sales of bearings, seals and airframe components for the aerospace industry, which are part of the Aero and Steel Division, will be moved to the Industrial Division. The forging operations, that also are part of this division, will be transferred to the Automotive Division.


The development, manufacturing and sales of small ball bearings and bearing seals, that are part of the Electrical Division, will be transferred to the Automotive Division. The customers and the buying patterns are similar, few and large customers that buy large volumes on longer contracts. The development, manufacturing and sales of medium size ball bearings, that are mainly supplied to the industrial market, will be transferred to the Industrial Division.


Kaj Thor


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