Memorandum of Understanding signed to facilitate possible future strategic collaborations and new business opportunitiesABB and SKF have entered into a Memorandum of Understanding (MoU) to explore the possibilities for a collaboration in the automation of manufacturing processes. The MoU was signed at ABB’s Robotics Experience Center in Västerås, Sweden, by ABB CEO Björn Rosengren and SKF CEO Rickard Gustafson. Through the partnership, ABB and SKF will identify and evaluate solutions to improve manufacturing capabilities and support clients’ increased production efficiency. SKF CEO Rickard Gustafson (left) and ABB CEO Björn Rosengren (right) have signed the Memorandum of Understanding to explore the possibilities for a collaboration in the automation of manufacturing processes at ABB’s Robotics Experience Center in Västerås, Sweden. I am therefore pleased to announce this deepened partnership alongside SKF, further strengthening our technical leadership,” said Björn Rosengren, CEO of ABB.