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The eBearing News
October 10, 2003
SKF Closing Etzenhofen/Puettlingen
Plain Bearing Plant
copyright © 2003 eBearing Inc.
SKF AB (Sweden) announced it is closing the SKF Plain Bearings manufacturing plant in Etzenhofen/Puettlingen,
Germany. Approximately 300 people will lose their jobs in the move, part of SKF's efforts to shore up both
German and plain bearing operations.
SKF Gleitlager GmbH, Puettlingen, is one of the Saarland region's largest employers, and the largest
in Puettlingen. The region includes INA's Hamborg plant, with 2,400 employees.
Scheduled to close by the end of 2004, SKF said Puettlingen's plain bearing product line is facing
increasingly fierce competition in its markets worldwide, holding down prices and volume.
High production costs also hurt Puettlingen, compounded by currency valuation issues.
Commoditization has long been a problem in the plain bearing sector, but has been accelerating due to
increased low-price import competition and unfavorable exchange rate fluctuations.
SKF said some plain bearing production will be shifted to its larger Schweinfurt plant, but that the
remainder will now be purchased from outside vendors.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Bruce Carr edited this content.
Copyrighted material; unauthorized reproduction prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2011, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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