The 2020 Mid-Year Economic Update_long

SKF to Close Kentucky Facility

In an effort to reduce costs, SKF will close its manufacturing facility in Glasgow, KY, and reduce the number of employees at the Fontenay-le-Comte facility in France.
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The production at the Glasgow factory will move to the Group's factory in Puebla, Mexico. The company said the move is necessary to remain competitive in the U.S. automotive market.
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The number of employees worldwide through 2009 will be reduced by ...

In an effort to reduce costs, SKF will close its manufacturing facility in Glasgow, KY, and reduce the number of employees at the Fontenay-le-Comte facility in France.
&nbsp ;
The production at the Glasgow factory will move to the Group’s factory in Puebla, Mexico. The company said the move is necessary to remain competitive in the U.S. automotive market.
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The number of employees worldwide through 2009 will be reduced by 500.

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