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	Topics SKF Topic Home SKF, Svenska Kullagerfabriken AB, later AB SKF, is a SwedishSweden The Kingdom of Sweden is a Nordic country in Scandinavia.... bearingRolling-element bearing A rolling-element bearing is a bearing which carries a load by placing round elements between the two pieces.... companyCompany Generally, a company is a form of business organization.... founded in 1907, supplying bearings, sealsSeal (mechanical) A mechanical seal is a device which helps join systems or mechanisms together by preventing leakage, containing pressure, or... , lubrication and lubrication systems, maintenance products, mechatronics products, power transmission products, customer solutions and related services globally. History The company, founded on Sven Wingqvist's 1907 Swedish patentPatent A patent is a set of exclusive rights granted by a state to a patentee for a fixed period of time in exchange for the regul... No. 25406, a multi-row self-aligning radial ball bearingBall bearing A ball bearing is a common type of rolling-element bearing, a kind of bearing.... . The Patent was granted on June 6 in Sweden coinciding with patents in 10 other countries. The new ball bearingBall bearing A ball bearing is a common type of rolling-element bearing, a kind of bearing.... was successful from the outset. By 1910, the company had 325 employees and a subsidiary in the United KingdomUnited Kingdom The United Kingdom of Great Britain and Northern Ireland is a country and sovereign state that lies off the northwest coast... . ManufacturingFacts About Manufacturing Manufacturing, a branch of industry which accounts for about one-quarter of the world's economic activity, is the applicatio... operations were later established in multiple countries. By 1912, SKF was represented in 32 countries and by 1930, a staff of over 21,000 were employed in 12 manufacturingManufacturing Manufacturing, a branch of industry which accounts for about one-quarter of the world's economic activity, is the applicatio... facilities worldwide. Assar GabrielssonAssar Gabrielsson Overview Assar Nathanael Thorvald Gabrielsson was a Swedish industrialist and co-founder of Volvo.... , SKF sales manager and Björn PrytzBjörn Prytz Bj?rn Prytz was a Swedish industrialist in the early 1900 and from 1937 to 1947 an envoy? in London for the Swedish governm... , Managing Director of SKF were the founders of VolvoVolvo AB Volvo is a world-leading Swedish manufacturer of commercial vehicles, trucks, buses and construction equipment, drive sy... AB in 1926. In the beginning, the company functioned as a subsidiary automobile company within the SKF group. SKF funded the production run of the first thousand cars, built at HisingenHisingen Hisingen is the fourth largest island of Sweden, at 199 km.... , in GothenburgGothenburg Gothenburg ) is a city and municipality in the province Vstergtland on the west-coast of Sweden.... , beginning in 1927. SKF used one of the company's trademarked names: AB Volvo, which derives from the Latin "I roll", with its obvious connotations of bearings in motion. The ownership of Volvo lasted until 1935 when the last shares were divested. Present day business Today, SKF is the largest bearing manufacturer in the world and employs approximately 40,000 people in approximately 100 manufacturing sites that span 70 countries . TurnoverRevenue Revenue is a U.S. business term for the amount of money that a company receives from its activities in a given period, mostl... for FYFiscal year A fiscal year or financial year is a 12-month period used for calculating annual financial reports in businesses and ... 2005 was SEKSwedish krona The krona has been the currency of Sweden since 1873.... 49,285 million, and total assets were SEK40,349 million. The SKF Group currently consists of approximately 150 companies including the seal manufacturer Chicago Rawhide. Since its founding, SKF's company headquarters have been located in GothenburgGothenburg Overview Gothenburg ) is a city and municipality in the province Vstergtland on the west-coast of Sweden.... . One recent acquisition was that of Economos, part of Salzer Holding, an AustriaAustria Summary Austria is a landlocked country in central Europe.... -based seal company, Jaeger Industrial and ABBA, TaiwanTaiwan Taiwan is an island in East Asia, but the term "Taiwan" is also commonly used to collectively refer to the territories gove... ese manufacturers of linear actuators. The company's clients include General ElectricGeneral Electric The General Electric Company, or GE is a multinational American technology and services conglomerate.... , Rolls-Royce plcRolls-Royce plc Rolls-Royce plc is the second-largest aircraft engine maker in the world, behind General Electric Aviation.... and Pratt and Whitney. It also supplies bearings for FerrariFerrari Ferrari is an Italian sports car manufacturer based in Maranello, Italy.... racingRacing ----A race is a competition of speed.... vehicles, used in Formula OneFormula One \|}Formula One, abbreviated to F1, and also known as Grand Prix racing, is recognised as the highest class of auto ra... races , and is a sponsor of F1. SKF employs a Six SigmaSix Sigma Six Sigma is a methodology to manage process variations that cause defects, defined as unacceptable deviation from the mean ... business approach. CEO Mr. Tom Johnstone was recognized as the Premier Six Sigma Leader of the year (2006) in Europe by the International Society of Six Sigma Professionals. SKF currently sponsors Richard Childress RacingRichard Childress Racing Richard Childress Racing is a NASCAR team fielding Chevys for Kevin Harvick, Clint Bowyer and Jeff Burton in the Nextel Cup ... and Jeff BurtonJeff Burton Jeffery Brian Burton also sometimes referred to as "JB" is a NASCAR driver.... in the NASCARNASCAR Overview The National Association for Stock Car Auto Racing is the largest sanctioning body of motorsports in the United States.... Nextel Cup Series. See also List of Swedish companiesList of Swedish companies This is a list of Swedish companies: ... External links - Official site - SKF Linear Motion - SKF Linear Motion - United Kingdom - SKF Linear Motion - United States - Useful calculators for bearing selection (bearing life, loading, etc...).