Gothenburg, Sweden-based SFK announced on Feb. 2 a decentralized organization structure with six independent units – Seals, Lubrication, Aerospace, Marine, Magnetic Bearings and its industrial lube oil recovery and reuse technology provider RecondOil – that it says will create the focus required for each business to continue to develop profitably and find growth opportunities. SKF is a global supplier of bearings, seals, lubrication systems and related services.