New divisional structure
Effective Jan. 1, 2006, SKF has reorganized its divisional structure and the development, manufacturing and sales of the Aero and Steel division as well as the Electrical Division have been integrated into the other three divisions. Today, the SKF Group’s operations consist of:
Effective Jan. 1, 2006, SKF has reorganized its divisional structure and the development, manufacturing and sales of the Aero and Steel division as well as the Electrical Division have been integrated into the other three divisions. Today, the SKF Group’s operations consist of:
The Industrial Division, comprising sales to the industrial OEM customers and the development and manufacturing of a wide range of bearings, mainly spherical and cylindrical roller bearings, angular contact ball bearings, medium-size ball bearings, bearings designed for aircrafts and railways, linear motion and mechatronics, couplings, and related products and lubrication systems. The division’s sales represent some 31 percent of the group’s sales.
The Automotive Division, comprising sales to the car, light truck, heavy truck, bus, vehicle component industries, vehicle service market, two-wheelers, household appliances, power tools and manufacturers of electrical motors and the development and manufacturing of mainly taper roller bearings, wheel-hub bearing units, small ball bearings, seals, special automotive components, complete repair kits for the vehicle service market and forged products. The division’s sales represent some 36 percent of the group’s sales.
The Service Division, comprising sales to the industrial aftermarket, mainly through a network of some 7,000 distributors and knowledge-based solutions to optimize asset efficiency. The division also includes logistic services. The division’s sales represent some 33 percent of the group’s sales.