SKF inaugurates magnetic bearing factory in Morocco to meet increased demand

SKF (SKFRY) has inaugurated a new factory in Tangier, Morocco, dedicated to manufacturing components for magnetic bearings and high-speed electric motors.

Rhea-AI Summary

SKF (SKFRY) has inaugurated a new factory in Tangier, Morocco, dedicated to manufacturing components for magnetic bearings and high-speed electric motors. The facility will initially employ around 60 people and aims to meet growing demand while strengthening SKF's global leadership in magnetic bearing solutions. The factory will produce modular and scalable products for applications in compressors, turbines, motors, HVAC systems, and semiconductors.

The strategic investment enhances SKF's supply chain by reducing lead times and improving customer delivery performance. The magnetic bearing technology enables contactless rotor levitation through controlled magnetic fields, offering superior performance, energy efficiency, and reliability compared to conventional solutions. By eliminating friction and lubrication needs, these solutions support industrial decarbonization and electrification efforts.

Positive

• New factory strengthens SKF's global leadership position in magnetic bearings
• Enhanced supply chain capabilities will reduce lead times and improve delivery performance
• Technology supports sustainability through reduced carbon footprint and elimination of lubrication needs
• Positions SKF to capture growing demand in emerging sustainable energy sectors

Negative

• None.

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GOTHENBURG, Sweden, May 20, 2025 /PRNewswire/ -- SKF has inaugurated its new factory in Tangier, Morocco, which initially will employ around 60 people. The factory will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group's position as a global leader in this area.

The factory will enable the production of modular and scalable products that can be easily integrated into various applications. Due to their ability to operate efficiently at high speeds, free of friction and with minimal maintenance, magnetic solutions are essential for high-speed machinery such as compressors, turbines, and motors, as well as HVAC (Heating, Ventilation, and Air Conditioning) systems, and semi-conductors. 

"We are excited about the economic and competitive advantages this new facility will bring, positioning SKF as a key partner in the sustainability transformation. By enhancing our supply chain, we can reduce lead times, improve customer delivery performance, and offer competitive solutions. This investment also supports our commitment to sustainability and innovation through decarbonization, electrification, and system intelligence," says Thomas Fröst, President, Independent and Emerging Business.

Magnetic bearings allow the contactless levitation of rotors through a controlled magnetic field. SKF's magnetic solutions enable industrial applications to achieve high performance, energy efficiency, and reliability that surpass conventional technological solutions. By minimizing friction and eliminating the need for lubrication, SKF's magnetic solutions reduce the carbon footprint of industrial machinery and play a key enabling role in emerging sustainable energy sectors. For more information about SKF magnetic bearings and systems, please click here.

Previous press release on similar topics:
22 May 2023: SKF invests in magnetic bearing manufacturing to meet increasing demand [link to press release]

Aktiebolaget SKF
      (publ)

For further information, please contact:
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com 
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-inaugurates-magnetic-bearing-factory-in-morocco-to-meet-increased-demand,c4152542

The following files are available for download:

https://mb.cision.com/Main/637/4152542/3458029.pdf	20250520 SKF inaugurates magnetic bearing factory in Morocco to meet increased demand
https://news.cision.com/skf/i/skf-magnetic-bearings,c3410974	SKF magnetic bearings
https://news.cision.com/skf/i/skf-tangier-factory,c3410972	SKF Tangier factory
https://news.cision.com/skf/i/thomas-frost,c3410973	Thomas Frost

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the purpose of SKF's new factory in Morocco?

SKF's new factory in Tangier, Morocco will manufacture components for magnetic bearings and high-speed electric motors to meet increased demand and strengthen the company's global leadership position.

How many jobs will SKF's new Morocco factory create initially?

The new SKF factory in Tangier, Morocco will initially employ around 60 people.

What are the advantages of SKF's magnetic bearing technology?

SKF's magnetic bearings operate with contactless levitation, offering high performance, energy efficiency, zero friction, minimal maintenance, and reduced carbon footprint compared to conventional solutions.

What industries will SKF's Morocco factory serve?

The factory will produce components for applications in compressors, turbines, motors, HVAC (Heating, Ventilation, and Air Conditioning) systems, and semiconductors.

How will the new Morocco factory benefit SKFRY's operations?

The facility will enhance SKF's supply chain, reduce lead times, improve customer delivery performance, and offer more competitive solutions while supporting sustainability initiatives.