SKF Announces Estimated SEK 5.2 Billion Contract with China National Heavy Duty Truck Group Co., Ltd.

SKF today announced the agreement of a long-term contract with China National Heavy Duty Truck Group Co., Ltd, (CNHTC) one of China's top three truck manufacturers. The contract, with an estimated value of around SEK 5.2 billion, calls for SKF to supply SKF Truck Hub Units, tapered roller bearings, and seals for CNHTC's latest truck models.

"China is a key growth market for the SKF Group and we continue to make significant investments in manufacturing, research and development and in our employees. We are committed to supporting our customers in China and the steps we are taking are in line with the relevant priorities in China's 12th Five-Year Plan," says Tom Johnstone, SKF President and CEO. He further elaborates, "We will open yet another new factory in Jinan in early 2012 and it will play an important role in supplying some of our products to China National Heavy Duty Truck Group, as well as other truck and trailer manufacturers in China."

"SKF is a frontrunner in the areas of reduced life-cycle costs and maintenance-free solutions," says Mr. Cai Dong, President of China National Heavy Duty Truck Group Co., Ltd/SINOTRUK. "They contribute with valuable innovative solutions for efficient and sustainable mobility."

The bearings and units will be manufactured in the new SKF factory currently under construction in Jinan, Shandong Province, China. The investment for the new factory amounts to around SEK 590 million. The 16,000 m2 factory will be fully operational by the first half of 2012 and will initially employ about 500 people. The seals will be produced in SKF's factory in Wuhu, Anhui Province, China.

Today SKF employs over 5,000 people in China. In September this year, SKF opened their 13th factory in China, which manufactures products specifically for the industrial market. In 2010, SKF opened the first stage of their Global Technical Centre in Shanghai. This centre is an integral part of SKF's global research and development and enables SKF to develop specific products for customers in China including the new business gained from the partnership with CNHTC.

Comments

Post a Comment

Popular posts from this blog

What is Class I Division 2?

Image
A Class I Division 2 is a location: (1) In which volatile flammable gases, flammable liquid-produced vapors, or combustible liquid-produced vapors are handled, processed, or used, but in which the liquids, vapors, or gases will normally be confined within closed containers or closed systems from which they can escape only in case of accidental rupture or breakdown of such containers or systems or in case of abnormal operation of equipment, or (2) In which ignitable concentrations of flammable gases, flammable liquid-produced vapors, or combustible liquid-produced vapors are normally prevented by positive mechanical ventilation, and which might become hazardous through failure or abnormal operation of the ventilating equipment. Class I Division 2 Classification Class I Division 2 refers to the ANSI/ISA 12.12.01 standard. This standard was previously UL1604 until UL recommended the newer ANSI/ISA standard be used and that all hazardous location products be certified under this standa
Read more

FUSE SIZING CONSIDERATIONS FOR HIGHER EFFICIENCY MOTORS

Image
When selecting the proper fuse for short circuit protection in motor starting applications, it is important to not only ensure that the fuse will not nuisance open during motor start up times, but also that the fuse will coordinate as required with overload relays. When sizing fuses between 125% and 150% of the motor nameplate current, several advantages, including ease of coordination with an overload device, a smaller disconnect, and increased short circuit protection from a lower fuse rating, can be achieved. However, if sizing at this level prevents the motor from starting, it may then be necessary to increase the fuse ampere rating and it then becomes important to know the NEC sizing limitations. As of June 1, 2016, the US Department of Energy has mandated that newly manufactured electric motors will need to meet NEMA Premium® efficiency standards. As motor efficiencies increase, motor locked rotor currents can also be expected to increase. In addition to this, with across-the-lin
Read more

7/8 16UN Connectors that Provide 600 Volts and 15 Amps

TURCK announces new A-Size 3 and 4-pin 7/8 16UN powerfast™ connectors that provide up to 600 Volts and 15 Amps of power. These IP67 rated connectors provide a modular wiring system designed to handle high current applications for machine power distribution, while providing resistance to vibration commonly associated with conveyors, motors and material handling applications. The cordsets are available with a tray rated, exposed run PVC flexlife ® cable, with or without STOOW rating, and 14 AWG wires that allow you to replace hard wiring with a robust, quick disconnect system that saves the time and money spent installing a conduit system. The A-Size powerfast line offers male and female, straight connectors, standard and custom lengths, and pigtails or extensions. To make the system complete, fully encapsulated mating receptacles, with 1/2”-14 NPT mounting threads are available.
Read more