SKF, founded in 1907, is a global leader in the development of bearings, seals, lubrication systems, condition monitoring solutions, and services designed to reduce friction in industrial applications.Lower friction results in significant energy savings and helps make industry smarter, more competitive, and more energy efficient, contributing to a more sustainable future where more can be achieved with fewer resources.SKF operates in approximately 130 countries, employs more than 38,000 people worldwide, and is supported by a global network of around 17,000 distributor locations.