Bearing and seal manufacturer SKF announced it will consolidate its spherical roller bearing manufacturing by shifting production to Poland, and will cease manufacturing in Luton, United Kingdom.
The consolidation will “secure long-term competitiveness in the European markets,” and is in line with SKF’s strategy to invest in automation and regionalization, company officials said in a June 1 news release.
Manufacturing at the site in Luton will be ramped down, with a full closure anticipated by the end of 2024. Production is proposed to be moved to SKF’s factory in Poznan, Poland.
“To ensure that our spherical roller bearing production stays competitive, investments are needed in new machinery and our evaluation showed Poznan is the optimum site for this investment,” said Aldo Cedrone, Acting President for SKF’s Industrial Region, Europe, Middle East and Africa.
The Luton factory currently employs approximately 300 people. The proposed activities are subject to consultation with employees and union representatives.