Bearings manufacturer sees sales drop 14.7% in first nine months of 2020 as soft demand environment continued to hit the company’s top-line performance.
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Swedish bearings manufacturer SKF said it will pour $39.3 million into expanding and automating processes at the group's factory in Sumter, South Carolina.
Bearing manufacturer sees sales drop 16.6% in first six months of 2020 as soft demand environment hits top-line performance.
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Company to divest its fly-by-wire and Kaydon velocity control businesses.
