GOTHENBURG, Sweden, October 17, 2023 /PRNewswire/ — Following a consultation process with employees and union representatives, SKF confirms plans to close its plant Luton, United Kingdom. The proposal was made in May 2023 as part of a consolidation of the Group’s spherical roller bearing manufacturing to ensure long-term competitiveness on European markets.
THE Luton The factory employs around 300 people and will be closed to production by the end of 2024 in a phased process.
David JohanssonPresident, Industrial Region Europe Middle East and Africastates: “Following an extensive consultation process, the parties have confirmed that there is no viable alternative to the closure of the Luton The factory has been found. As we move forward, we are committed to ensuring that full support and assistance is provided to everyone affected. On behalf of the entire SKF management team, I would like to thank all of our employees Luton for their many years of commitment and dedication.”
The limited company SKF
(publication)
Previous press release:
May 31, 2023: “SKF consolidates its manufacturing in Europeproposes to close the factory Luton” [link to news item]
For more information, please contact:
PRESS: Carl Bjernstam, Head of Media Relations
such. : 46 31-337 2517; mobile: 46 722-201 893; E-mail: carl.bjernstam@skf.com
INVESTOR RELATIONS: Patrick StenbergHead of Investor Relations
such. : 46 31-337 2104; mobile: 46 705-472 104; patrik.stenberg@skf.com
The following files are available for download:
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SOURCE SKF
