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SKFRY News and Press, Aktiebolaget SKF ADR From 09/25/20

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Company Name: Aktiebolaget SKF ADR
Stock Symbol: SKFRY
Market: OTC

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SKFRY - Nomination Committee of AB SKF for the Annual General Meeting 2021

Nomination Committee of AB SKF for the Annual General Meeting 2021 PR Newswire GOTHENBURG, Sweden, Sept. 25, 2020 GOTHENBURG, Sweden , Sept. 25, 2020 /PRNewswire/ -- In accordance with a resolution taken at the Annual General Meeting of AB SKF on&#x...

SKFRY - SKF joins the Renewable Energy 100 initiative

SKF joins the Renewable Energy 100 initiative PR Newswire GOTHENBURG, Sweden, Sept. 23, 2020 GOTHENBURG, Sweden , Sept. 23, 2020 /PRNewswire/ -- As part of SKF's goal to achieve Carbon Neutrality for its global manufacturing operations by 2030, the company is...

SKFRY - SKF to invests SEK550M to strengthen its competitiveness in North America

AB SKF (SKFRY) is investing ~SEK350M for expanding and automating manufacturing processes at the Group's factory in Sumter, South Carolina and SEK200M in localizing manufacturing of Tapered Roller Bearings from China to an existing manufacturing site in Mexico. Kent Viitanen, Presid...

SKFRY - SKF to strengthen competitiveness in North America via investments

SKF ([[SKFRY]]) plans to invest ~SEK 550M in order to strengthen its manufacturing footprint and competitiveness in North America.For expanding and automating manufacturing processes at the Group's factory in Sumter, South Carolina, SEK 350M is being invested.Additional SEK 200...

SKFRY - SKF invests in strengthened competitiveness in North America

SKF invests in strengthened competitiveness in North America PR Newswire GOTHENBURG, Sweden, Sept. 22, 2020 GOTHENBURG, Sweden, Sept. 22, 2020 /PRNewswire/ -- SKF is investing approximately SEK 550 million in strengthening its manufacturing footprint and...

SKFRY - SKF and Deacero in fee-based partnership

SKF ([[SKFRY]] -2.9%) is partnering with Mexican steel manufacturer Deacero in order to improve performance and reduce downtime at their steel rolling mill in Celaya.The partnership is built on a fee-based set-up covering bearings, bearing re-manufacturing, maintenance services and appli...

SKFRY - SKF and Deacero in fee-based partnership to improve performance

SKF and Deacero in fee-based partnership to improve performance PR Newswire GÖTEBORG, Sweden, Sept. 21, 2020 GÖTEBORG, Sweden , Sept. 21, 2020 /PRNewswire/ -- SKF is partnering with Deacero, the Mexican steel manufacturer, to improve performance and...

SKFRY - SKF Looks Undervalued For A Short-Cycle Play, But There Are Some Issues

I thought SKF ( SKFRY ) had some appeal as a contrarian idea back in April , and the outcome of that call is a little convoluted. The local shares had been beating the multi-industrial peer group, but a disappointing second quarter result hit the shares and the point-to-point performance has ...

SKFRY - Sweden Vs. The U.S. - Which Country's Stock Market Is Winning The Fight Against COVID-19?

As is well known, the US and Sweden have approached the Covid-19 pandemic in different ways. While the US instituted a shelter-in-place policy , Sweden instead asked its citizens to follow general advice provided by its Public Health Authority , which enabled Sweden's schools and kinderga...

SKFRY - AB SKF (SKFRY) CEO Alrik Danielson on Q2 2020 Results - Earnings Call Transcript

AB SKF (SKFRY) Q2 2020 Earnings Conference Call July 21, 2020, 02:30 ET Company Participants Patrik Stenberg - Director, Group IR & Competitive Intelligence & Head, IR Alrik Danielson - President, CEO & Director Niclas Rosenlew - SVP & CFO Conference Call Parti...

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