SKF strikes major auto deal in China Source: Global Times Tuesday 20th December, 2011
Swedish group SKF has signed a 5.2 billion Swedish crown ($752 million) deal with a Chinese truck group, as the world No.1 bearings maker looks to expand in one of the world's fastest-growing heavy vehicle markets.SKF said yesterday the seven-year deal would see it supply truck hub units, tapered roller bearings and seals for the latest models prod... ...
