Magnetics Business & Technology - July/August 2023 - 20

PRODUCT NEWS
SKF and Wolong Expand Magnetic Bearing & Levitation Motors Businesses
New SKF magnetic bearing factory in Morocco
SKF and Wolong Electric Group are expanding their lines of business
in the growing market for magnetic bearings and high-speed
levitation motors. SKF is opening a new plant in Morocco to ramp
up production of its magnetic bearings and, jointly, the two companies
are cooperating to apply the bearings to more high-speed
motor and drive products.
SKF announced on May 22 that it is increasing its technical and
manufacturing capabilities within magnetic bearings through an
investment totaling SEK 50 million in a new manufacturing site in
Tangier, Morocco. The new site will ramp up operations during the
second quarter and once fully operational, will help meet growing
demand for magnetic bearings used in turbomachinery
and other high-speed applications
such as hydrogen gas liquification and
for oil-free industrial compressors.
" Magnetic bearings have played a key role in
traditional energy segments for many years.
As this technology is now playing a central
role in green industries, we need to make
sure we can maintain our leading position in
terms of technical development and customer
service, " said Thomas Froest, president of
independent & emerging business for SKF.
" Our new site in Morocco is an important step
in this direction. "
Magnetic bearings are one of SKF's technology growth areas. The
group secured a record order intake for these products of over SEK
1 billion in 2022. Headquartered in Gothenburg, Sweden, SKF has
more than 42,000 employees worldwide and posted SEK 96 billion
in sales in 2022.
Thomas Froest,
president of
independent &
emerging business
for SKF
20 Magnetics Business & Technology * July/August 2023
SKF Magnetic bearing systems are based on more than 45 years of
experience coupled with disruptive technology. Its high-speed electric
motors with magnetic bearings allow a maximized high-speed
driver with up to 1MW of power and speeds of up to 80,000 rpm.
Five days earlier, on May 17, SKF and Wolong Group, the Chinese
global manufacturer of motor and drive systems, jointly announced
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Magnetics Business & Technology - July/August 2023

Table of Contents for the Digital Edition of Magnetics Business & Technology - July/August 2023

Magnetics Business & Technology - July/August 2023
Editor’s Choice/ Features
Toyota and Denso Pursue In-Road Wireless Charging by Electreon
Grinding Rare Earth Magnets into Shape
Volkswagen Designs New Drive for All-Electric Family
Research & Development
Product News
Industry News
Neo Performance Materials: Names New President; Acquires SG Technologies in UK, and Rare Earths Exploration License in Greenland
Events Calendar/ Advertising Index
Visions
Magnetics Business & Technology - July/August 2023 - Magnetics Business & Technology - July/August 2023
Magnetics Business & Technology - July/August 2023 - Cover2
Magnetics Business & Technology - July/August 2023 - 3
Magnetics Business & Technology - July/August 2023 - Editor’s Choice/ Features
Magnetics Business & Technology - July/August 2023 - 5
Magnetics Business & Technology - July/August 2023 - Toyota and Denso Pursue In-Road Wireless Charging by Electreon
Magnetics Business & Technology - July/August 2023 - 7
Magnetics Business & Technology - July/August 2023 - 8
Magnetics Business & Technology - July/August 2023 - 9
Magnetics Business & Technology - July/August 2023 - 10
Magnetics Business & Technology - July/August 2023 - 11
Magnetics Business & Technology - July/August 2023 - Grinding Rare Earth Magnets into Shape
Magnetics Business & Technology - July/August 2023 - 13
Magnetics Business & Technology - July/August 2023 - 14
Magnetics Business & Technology - July/August 2023 - 15
Magnetics Business & Technology - July/August 2023 - Volkswagen Designs New Drive for All-Electric Family
Magnetics Business & Technology - July/August 2023 - 17
Magnetics Business & Technology - July/August 2023 - Research & Development
Magnetics Business & Technology - July/August 2023 - 19
Magnetics Business & Technology - July/August 2023 - Product News
Magnetics Business & Technology - July/August 2023 - 21
Magnetics Business & Technology - July/August 2023 - 22
Magnetics Business & Technology - July/August 2023 - 23
Magnetics Business & Technology - July/August 2023 - Industry News
Magnetics Business & Technology - July/August 2023 - 25
Magnetics Business & Technology - July/August 2023 - Neo Performance Materials: Names New President; Acquires SG Technologies in UK, and Rare Earths Exploration License in Greenland
Magnetics Business & Technology - July/August 2023 - 27
Magnetics Business & Technology - July/August 2023 - Events Calendar/ Advertising Index
Magnetics Business & Technology - July/August 2023 - 29
Magnetics Business & Technology - July/August 2023 - Visions
Magnetics Business & Technology - July/August 2023 - Cover3
Magnetics Business & Technology - July/August 2023 - Cover4
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