SKF consolidates its manufacturing and organizational structure in France

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GOTHENBURG, Suède, November 3, 2020 / PRNewswire / – SKF Today Announces Consolidation and Restructuring of Various Manufacturing, Sales and Administration Functions France. Consequently, the manufacture of slewing bearings would be moved from Avallon to St-Cyr-sur-Loire, leading to the planned closure of the Avallon plant.The transfer of production from Avallon to St-Cyr allows a more competitive and flexible offer to customers, as well as the achievement of synergies from the service center and existing logistics capacities in Saint-Cyr.

Kent Viitanen, President, Bearing Operations, said, “We have announced a number of plant consolidations during the year and while these decisions are difficult to make, they are necessary to ensure that we can continue to meet the needs. of our customers in terms of competitiveness, flexibility and quality. We are committed to working with our employees to ensure a smooth transition to training programs and new employment opportunities. ”

The Avallon site currently has 140 employees and operations are expected to cease by the end of 2022. The restructuring of manufacturing, sales and administration functions in France is expected to affect approximately 110 employees.

The proposals announced today are subject to consultation with representatives of French employees.

Aktiebolaget SKF
(publ)

For more information, please contact:
HURRY: Theo Kjellberg, Director, Press Relations
winter: 46 31 337 6576, mobile: 46 725-776576, e-mail: [email protected]

RELATIONS WITH INVESTORS: Patrik Stenberg, Head of Investor Relations
Patrik Stenberg, 46 31-337 2104; 46 705-472 104; [email protected]

This information was provided to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-consolidates-manufacturing-and-organisational-structure-in-france,c3229560

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SOURCE SKF

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