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In The News:



SKF to Consolidate Aerospace Manufacturing in Europe

Company proposes closing UK manufacturing site in Stonehouse, England.
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SKF Completes Previously Announced Divestment of L&AT Business

The divestment will have a positive effect on the operating result for the Swedish manufacturer in the fourth quarter.
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SKF to Divest Linear and Actuation Technology Business

Swedish manufacturer agrees to sell business to Triton in cash deal.
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SKF Sales Up 9% in 2Q

Year to date sales increase 8.4 percent.
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SKF Sales Down 4.2% in 2016

Fourth-quarter sales increased 3.1 percent year-over-year.
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SKF Sales Down 2.5% in 3Q

Year-to-date sales decreased 6.5 percent year-over-year.
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SKF Sales Down 8% in 2Q

Profit decreases 26 percent year-over year in 2Q.
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SKF to Consolidate North American Facilities

Company to close sites in San Diego, CA, and Baltimore, MD.
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SKF Sales Down 8.9% in 1Q

Company to divest its fly-by-wire and Kaydon velocity control businesses.
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SKF Makes Management Changes

Company makes six executive appointments.
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