SKF, which supplies bearings to automotive and industrial markets, has automated manufacturing at a string of plants, but the bulk of its 94 factories still need to be tackled.
“There has been a long period where we have had to fight to keep up with the high demand in some factories, and you can’t rebuild plants in a situation like that,” Alrik Danielson told Reuters.
“So it’s clear that some of these activities will accelerate now.”