10 March 2021

Swedish bearing manufacturer SKF has announced an investment of € 40 million to expand and modernize its plant in Ayraska, Italy. Through the construction of a new plant with an area of ​​20 thousand m2, the company will consolidate the production of precision bearings at one Italian site.

As part of the investment project, it is planned to install fully automated precision bearing production lines at the Ayrask facility, the first of which are expected to be operational by 2022. In total, by the end of 2023, investments in automated production processes will amount to 60 million euros. They will consolidate SKF's current production processes in northern Italy, with an impact on two other neighboring factories.

The Pianetzze plant, which is currently producing precision bearings, will be consolidated with a production site in Airasque. The Villars-Peroza facility will continue to manufacture bearings for railway and aerospace applications, but will outsource the production of precision bearings to new lines in Ayraska. As a result, the modernized production facility in Ayraska should focus on the production of precision bearings and meet the needs of customers in Europe, the Middle East and Africa.

The new investment project runs counter to the company's plans to cut costs and close operations in Europe. SKF wants to close several factories in Europe by 2025.

Source: prompk.ru