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SKF Signs Agreements With Scania Worth $458 Million

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SKF will supply the company with wheel bearings and high-pressure valve stem seals.

 

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GOTHENBURG, Sweden – SKF has signed two agreements with Scania, a leading manufacturer of heavy trucks and buses, as well as industrial and marine engines, totaling SEK 360 million (approximately $458 million). SKF will supply the company with wheel bearings and high-pressure valve stem seals.

Tryggve Sthen, president, SKF Automotive, said, “It is truly rewarding to see our solutions contributing to Scania’s development of energy efficient trucks. This is a result of our long-term engineering partnership with Scania, which is built on shared values. Both companies are committed to the highest levels of sustainability, in the work we do and the solutions we provide.”

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The SKF bearings to be supplied to Scania can be assembled quickly and cost-effectively. They also allow for longer maintenance intervals, reducing the total cost of ownership for truck owners. Deliveries will start in the second quarter of 2015.

Part of the SKF BeyondZero portfolio, SKF’s high-pressure valve stem seals are designed to withstand the extreme pressure levels generated by modern down-sized and turbo-boosted engines. The solution’s reliability and high performance levels help contribute to improved truck engine efficiency, SKF says. This agreement is an extension of existing business.

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