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Sweden SKF plan to build new factory in Shanghai

Sweden SKF group plan to invest 700 million SEK(106 USD million)to build up R&D(research and development center) and new factory in Jiading District shanghai.This new factory will be staring at the end of the third quarter for building, completed at the fourth quarter. There will be 900 employees up to 2015.SKF CEO Tom Johnston express :“ it will strengthen ourproduction ,engineering, development and testing ability ,and will enable us to provide support for local customers better and faster.”



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