PEER Bearing Expands Tapered Roller Bearing Production Capabilities in China

2019-04-26 04:32:32

(MENAFN- Newswire.com LLC) WAUKEGAN, Ill., April 26, 2019 (Newswire.com) - In order to better accommodate its growing tapered roller bearing (TRB) business, PEER Bearing relocated its existing production operations in Changshan, China to a new facility constructed by parent company, SKF. The 145,000 sqm plant, with a total investment of SEK 200 million is designed to promote efficiency within the company, maintain competitive pricing, and provide top-notch customer service levels for tapered roller bearings.

Brian Cohen, President PEER Bearing NA, stated: 'This strategic investment supports our continued growth and focus in our Global and North American markets by providing bearing solutions for industrial drives and pumps, off-highway drivetrains and agricultural implements. As a leading supplier to Agricultural OE's, this new investment will bring increased capacity and improved efficiencies to our valued customers.'

About PEER

PEER Bearing is a manufacturer and global supplier of reliable ball and roller bearing solutions to target industries including agriculture, distribution, electrical, fluid, industrial transmission, material handling and off-highway. PEER employs over 1,600 people with offices in Brazil, China, Germany, Italy, Mexico and the United States. PEER is an award-winning supplier dedicated to reliable and cost-effective bearing solutions.

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