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SKF consolidating Baltimore facility into Hanover
SKF USA Inc. will consolidate its Baltimore factory into its Hanover facility in a series of moves expected to cost about $37 million, the company announced Thursday.
The Montgomery County-based supplier of bearings, seals, mechatronics, lubrication systems and service also will be transferring its Hanover production to a facility in Flowery Branch, Georgia, according to a news release.
"This is good news for Hanover," spokeswoman Monique Turner said.
The Hanover facility, which has 160 employees and has been around since 1967, produces spherical roller bearings and large-size roller bearings, while the Baltimore facility, which will close, produces rings and seals for the aerospace industry.
The consolidations are expected to occur during the next 18 to 24 months, and Turner said discussions on how this will affect employment are ongoing.
Turner added that the company's intention is to increase employment at the Hanover facility, where investments will be made to upgrade machinery and manufacturing processes, with an emphasis on hiring workers from the closing Baltimore factory.
Also, SKF will close its San Diego manufacturing facility and move operations to other sites in Europe, according to the release.