SKF today announced they have signed a three-year contract with Scania  worth around SEK 150

million. The contract involves the delivery of SKF bearings for truck wheel end units and

transmissions to Scania production facilities in Brazil.

"Brazil is a fast developing and very important market for SKF. We have invested heavily in our

business to support our customers and only last year extended our factory in Cajamar to manufacture

hub bearing units for cars," says Tom Johnstone, SKF President and CEO. "This very important

contract with Scania means that we will now further invest in Brazil for the manufacturing of

bearings for the truck industry, improving our ability to support our customers with local

manufacturing."

Initial delivery of the components will be from Europe, but beginning later in 2012, SKF will

manufacture them locally in their factory located in Cajamar, Brazil. 

Gothenburg, 07 February 2012

Aktiebolaget SKF