For giant manufacturers, such as Germany-based Schaeffler Group with nearly 100 factories worldwide, 10 in the U.S., streamlining production of precision industrial components is paramount.
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector. The companies cited a challenging ...
Shanghai (Gasgoo)- On January 6, 2025, Schaeffler signed a framework cooperation agreement with the local government of Anting Town, Jiading District, Shanghai, to establish a wholly-owned subsidiary, ...
Schaeffler, a German manufacturer of machine and car parts, has confirmed the closure of two production facilities in Austria and Britain as part of restructuring measures announced earlier this ...
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