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The eBearing News
August 24, 2004


SKF Brazil Reports 2004 Sales Jump 10%
copyright © 2004 eBearing Inc.

SKF do Brasil (Brazil, a subsidiary of SKF AB, Sweden) reported sales for the first half of 2004, up more than 10% over the same period in 2003.

Through the end of 2004, SKF said it expects sales inside Brazil to climb more than 15% over 2003.

Earlier this year, the company announced aggressive plans to expand production at its plant in Cajamar, near Sao Paulo, answering strong domestic demand and in an effort to move into local export markets.

• article: SKF Brazil expands bearing production and exports

SKF Brazil imports 55% of its bearings from SKF plants in Sweden, Germany and France. The Brazilian plant produces the other 45% in its plant in Cajamar, exporting a growing proportion of its output to SKF distribution facilities around the world.

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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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