Tangier, 20 May 2025 – SKF inaugurated its new plant in the Tanger Med Industrial Platform, Morocco, which initially will employ around 60 people. The factory will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group’s position as a global leader in Global Value Chains. The Inauguration Ceremony took place in the presence of SKF Top Management, as well as prominent figures from the Moroccan Industrial system, namely Tanger Med Groupe and other authorities and public administrations.
The factory will enable the production of modular and scalable products that can be easily integrated into various applications. Due to their ability to operate efficiently at high speeds with minimal friction and maintenance, magnetic solutions are essential for high-speed machinery such as compressors, turbines, and motors, as well as HVAC systems, air compressors/blowers, and renewable energy systems. Maintenance-free operation is crucial for industries that require continuous operation and minimal downtime, such as industrial manufacturing, wastewater treatment and Power Generation.
Mr Ahmed Bennis, Managing Director of Tanger Med Zones (TMZ), stated: “The establishment of the Swedish group SKF within the Tanger Med industrial platform reinforces our ongoing efforts to attract investment from the Scandinavian region. As a leading player in mechatronics, innovation, and advanced engineering, this renowned equipment manufacturer joins our industrial ecosystem as a benchmark for Swedish companies seeking global competitiveness.”
“We are excited about the economic and competitive advantages this new facility will bring, positioning SKF as a key partner in the sustainability transformation. By enhancing our supply chain, we can reduce lead times, improve customer delivery performance, and offer competitive solutions. This investment also supports our commitment to sustainability and innovation through decarbonization, electrification, and system intelligence”, says Thomas Fröst, President, Independent and Emerging Business.
On this occasion, Mr Fadil Youcef, Director General of Industry at the Ministry of Industry and Trade, emphasized: “This event not only marks the arrival of a key player in a strategic industrial and technological sector, but also represents a new milestone in the strengthening of Morocco’s industrial platform. The establishment of an industrial unit dedicated to the manufacturing of mechanical and electronic components is a powerful driver of value creation, skilled job opportunities, and industrial innovation.” He added: “This industrial project is perfectly aligned with the Kingdom’s industrial vision and stands as a strong testament to the attractiveness of Morocco’s industrial platform, which continues to draw investment in high-tech sectors.”
Magnetic bearings allow the contactless levitation of rotors through a controlled magnetic field. SKF’s magnetic solutions enable industrial applications to achieve high performance, energy efficiency, and reliability that surpass conventional technological solutions. By minimizing friction and eliminating the need for lubrication, SKF’s magnetic solutions reduce the carbon footprint of industrial machinery and play a key enabling role in emerging sustainable energy sectors.
Located at the heart of the Tanger Med industrial platform, SKF integrates into a high-performance ecosystem made up of international operators and leading suppliers, thereby reinforcing its position as a competitive player in Morocco’s industrial supply chain.
About SKF:
Since 1907, SKF has been making some of the world’s most innovative bearings, seals, lubrication systems, condition monitoring solutions, and services to reduce friction. Less friction means more energy saved and by reducing it, we make industry smarter, more competitive, and more energy efficient, building a more sustainable future where we can all do more with less. SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2024 were SEK 98,722 million and the number of employees was 38,743. www.skf.com
® SKF is a registered trademark of the SKF Group.
For further information, please contact:
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com
