SKF to fully close its factory in Busan, Korea by Q1/2024

AB SKF (SKF) announced that it will ramp down its factory in Busan, Korea in the first quarter of 2024.
The supply of products will be transferred to SKF’s factories in Puebla, Mexico, Pune, India, and Shanghai ATC, China. These businesses will be closer to SKF’s existing customers and will enable the company to attr....

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