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Sunday, May 26, 2024

Tangier: SKF invests US$4.9 million in a new site

A leader in the field of mechanical bearings, SKF has just invested $4.9 million in a new magnetic bearing manufacturing site in Tangier. The Swedish group is thus increasing its technical and manufacturing capacities in the field.

The new site will ramp up operations during the second quarter and, when fully operational, will help meet the growing demand for magnetic bearings, which have a number of applications in turbomachinery and other high-speed applications, including including hydrogen gas liquefaction and for oil-free industrial applications. compressors.

Thomas Fröst, President, Independent & Emerging Business, says: “Magnetic bearings have played a key role in traditional energy segments for many years. With this technology now playing a central role in green industries, we need to ensure that we can maintain our leadership position in terms of technical development and customer service. Our new site in Morocco is an important step in this direction.

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