SKF plans to consolidate its manufacturing operations in the US to improve its long-term competitive position.
The plan involves a gradual phase-out of operations at its Altoona, PA facility and its Jamestown facility in New York state.
The Altoona plant manufactures an assortment of ball bearings, primarily for US-based industrial customers. The plant in Jamestown manufactures specialty and aeroengine bearings, also mainly for the US market.
The majority of production will be transferred to other SKF facilities in the US and a minor part to Mexico.
The phasing-out of the facilities is expected to take place over a period of at least 12 months. 300 employees will be affected.