Swedish Company SKF opens Magnetic Bearing Factory in Morocco
Rabat – Swedish bearing and seal manufacturing company, SKF, has opened a new factory in the northern Moroccan city of Tangier.
Set to initially employ 60 people, the new facility will manufacture components for magnetic bearings and high-speed electronic motors, the company said in a press release.
Headquartered in Gothenburg, SKF believes the new Morocco facility will help it meet the increased demand for these components, as well as consolidate its position as a global leader in this area.
'The factory will enable the production of modular and scalable products that can be easily integrated into various applications,' said the company.
SKF explained that magnetic solutions' ability to operate efficiently at high speed, without friction, and with minimal maintenance. These components are key for high-speed machinery like compressors, turbines, and motors.
'We are excited about the economic and competitive advantages this new facility will bring, positioning SKF as a key partner in the sustainability transformation,' said Thomas Fröst, President of Independent and Emerging Business at SKF.
Fröst added that the new factory supports the company's commitment to sustainability and innovation through 'decarbonization, electrification, and system intelligence.'
'By enhancing our supply chain, we can reduce lead times, improve customer delivery performance, and offer competitive solutions,' he added.
Founded in 1907, SKF is the largest bearing manufacturer in the world. It employs 38,000 people across 108 manufacturing units and has 17,000 distributor locations covering 130 countries.
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