Date: 2013-07-31

SKF Plan to Open Three More Companies in China

In the passing three years, SKF had raised their investment in China by 20 to 25 percent. It is estimated that two SKF plants will be put into formal operation in Dalian and Shanghai in September. Besides, another SKF technology institute, named SKF Institute, will open then.

According to SKF's financial results of the second quarter, they had seen an obviouse profit increase in Asian market. SKF predicted that demand of SKF products in 3rd quarter will be far more higer than 2nd quarter.

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