SHANGHAI – SKF inaugurated the SKF Campus in Jiading and SKF Northeast Asia Distribution Center, both located in Shanghai, the company said in a statement on June 10.
The SKF Campus in Jiading covers an area of 45,207 square meters with a total investment of SEK700 million, and is constructed in compliance with LEED standards. On the campus are a new automotive bearings factory, a Global Technical Center, and SKF Solution factory and the SKF College China.
The SKF North East Asia Distribution Center, which broke ground in September 2012 and has a total investment of SEK100 million, is located in the China (Shanghai) Pilot Free Trade Zone (FTZ). It integrates trade, logistics and account settlement and will cover North East Asia.
The completion of these two projects demonstrates SKF’s continued confidence in the Chinese market, as well as SKF’s commitment to create more value for customers in China by localizing product development and manufacturing and by implementing state-of-the-art logistics.
“As a knowledge engineering company, our core competence comes from continuous innovation, which is not only reflected in technologies and products, but also reflected in the business operation models aimed at creating more value for our customers. The SKF Campus in Jiading and SKF North East Asia Distribution Center significantly strengthen our ability to better serve our customers in China and North East Asia,” said Tom Johnstone, SKF president and CEO.
The solar power generation system can produce 815,000 kWh of electric power consumption and reduce CO2 emissions by 400 tons annually. In addition, water can be reduced by 2,038 m3. These achievements are an integral part of SKF’s BeyondZero commitment and fully demonstrate SKF’s commitment to environmental care.