Kjellberg said the expansion added 8,000 square meters of additional buildings, including warehousing and manufacturing space.

It adds additional capacity, which is an important part of our strategy to continue to meet demand for our automated lubrication systems, which are manufactured in Chodov, he said. Chodov is a suburb of Prague.

The company said that the expanded factory was designed to reduce the buildings overall environmental impact, including more efficient energy and water usage and choice of more sustainable building materials.

We see substantial potential for future growth within our automated lubrication systems business, SKF President and CEO Tom Johnstone said in a news release. These systems, including the Quicklub family of products manufactured in Chodov, use up to 30 percent less grease than manual systems, and our new facility here ensures we will be able to continue to meet the needs of our customers.

SKF acquired lubrication systems suppliers Willy Vogel AG in 2004 and Lincoln International in 2010.