SKF launches a new Airasca super-precision bearing facility, integrating operations to boost innovation and customer value ...

SKF is redesigning parts of the Industrial business to further increase its competitiveness and accelerate profitable growth.

GOTHENBURG, Sweden, Oct. 31, 2019 /PRNewswire/ -- SKF has acquired Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based software for improving machine performance.

Pricing power along with cost flexibility thanks to the adoption of robotics and other automation has enabled to SKF to weather its mostly procyclical end markets. However, we estimate around 10% of ...

GOTHENBURG, Sweden, Nov. 8, 2023 /PRNewswire/ -- SKF has signed an agreement to acquire 2C Composites, a German high-performance fibre composite supplier. Through the acquisition, SKF will secure the ...

Swedish automotive bearings giant AB SKF today closed on the $1.25 billion acquisition of Kaydon Corp. and filed a notice to delist that company from the New York Stock Exchange. About 77 percent of ...

BofA upgraded SKF AB (SKFRY) to Buy from Neutral with a price target of SEK 280, up from SEK 240. BofA thinks the company is “on the cusp of an ...

Hunan Chongde Technology Holds Performance Briefing, Elaborates on Business Layout and Financial Status Recently, Hunan Chongde Technology Co., Ltd. held a performance briefing for the first half of ...

GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News: SKF Sverige AB (STO:SKFB)(STO:SKFA)(Pink Sheets:SKFRY) has entered into an agreement which transfers the cage production in Gothenburg to the ...

GOTHENBURG, Sweden, Oct. 7, 2019 /PRNewswire/ -- SKF has signed an agreement to acquire Presenso Ltd., a company that develops and deploys artificial intelligence (AI)-based predictive maintenance ...