SKF AB engages in the manufacture of machine and rotating equipment. It operates through the Industrial and Automotive segments. The Industrial segment comprises of Industrial Sales Americas, Industrial Sales Europe and Middle East and Africa, Industrial Sales Asia, Industrial Units, Bearing Operations, and Aerospace. The Automotive segment provides a range of products, solutions, and services to manufacturers of cars, light trucks, heavy trucks, trailers, buses, two-wheelers, and the vehicle aftermarket. The company offers bearings, seals, lubrication management, condition monitoring, and maintenance services. Its products are used in other variety of rotating applications, such as wind and ocean power, to heavy industries like mining, metal, and pulp and paper; and commercial vehicles such as bicycles, skateboards; and household appliances. SKF was founded by Sven Wingquist on February 16, 1907 and is headquartered in Gothenburg, Sweden.