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Sweden's SKF to invest $17 million in automation

Reuters  |  STOCKHOLM 

STOCKHOLM (Reuters) - Sweden's SKF, the world's largest maker of industrial bearings, is investing 150 million Swedish crowns ($17 million) to increase competitiveness by automating some manufacturing, it said on Thursday.The company, which has about a 100 manufacturing facilities around the world, said it would automate a production line in Germany that makes rollers for large-size bearings and another in France that assembles deep groove ball bearings."Both investments contribute to increased competitiveness, flexibility and quality and are expected to be completed during the first half of ...

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First Published: Thu, November 29 2018. 13:10 IST