The 6,600 m2 facility, which will employ up to 150 people, will produce Kaydon slewing ring bearings for wind turbine manufacturers.
SKF’s presence in Brazil dates back to 1915 and the country is one of the world’s fastest growing markets for wind energy, with predicted annual installation growth of between 2,000MW to 3,000MW per year.
Kaydon’s market leading position within renewable energy in North America, combined with SKF’s global footprint and the investment in Brazil, creates one of the strongest portfolios and service offerings available today,” said Tom Johnstone, SKF president and CEO.
Production at the new factory is scheduled to commence during the second half of 2015.
SKF completed the acquisition of US-based Kaydon Corporation last autumn.