SKF Bearings in Southwest China Headquarters

The policy advantage of the Liangjiang New Area has attracted the attention of the Swedish SKF company, the largest bearing manufacturer in the world. On November 28, 2012, the Swedish company SKF announced that it would cooperate with Shandong Jiarui Industrial Development Co., Ltd. to set up Chongqing Warrenbau Mechanical and Electrical Equipment Co., Ltd. as its southwest headquarters.

"When it comes to bearings, many people may not understand it well. Bearings are a small accessory in the mainframe, but they are just like the heart of power tools. Their role can be described as important." November 28, 2012, SKF China Ltd. China President Erik Nelander told reporters. At present, like the top Ferrari, its bearings are all designed by SKF.

On November 28th, 2012, the person in charge of Chongqing Wallenberg Mechanical and Electrical Equipment Co., Ltd. told the reporter that the reason why it landed in the Liangjiang New Area was that it first focused on Chongqing's automobile, CNC machinery and electrical equipment industry clusters and a huge market; the second was the Liangjiang New District. The only state-level development zone in the interior has more support in terms of policies and taxation, which is a good thing for the enterprise.

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