This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

SKF USA Inc. And Poul Jeppesen Selected To Receive Business Entrepreneurial Award From The Swedish-American Chamber Of Commerce---Philadelphia

PHILADELPHIA, Dec. 7, 2012 /PRNewswire/ -- The Swedish-American Chamber of Commerce- Philadelphia ("SACC-Philadelphia") selected SKF USA Inc. and its CEO and President, Poul Jeppesen, to receive SACC-Philadelphia's annual business entrepreneurial award.  This award was created in 2010 by SACC-Philadelphia and recognizes companies and individuals who have made a significant contribution to the exchange of trade and commerce between the Philadelphia Region and Scandinavia, and important contributions towards innovation, corporate social responsibility and sustainable business practices.

(Photo: http://photos.prnewswire.com/prnh/20121207/PH26301 )

SKF was founded in 1907 in Sweden and has become a leading global supplier of products, customer solutions and services in the business of rolling bearings, seals, lubrication, mechatronics, and services.  SKF USA Inc. has its U.S. headquarters, a LEED certified Platinum building, in the Philadelphia Region located in Lansdale, Pennsylvania.  Poul Jeppesen has served as President and CEO of SKF USA Inc. since January 2010.

"SKF USA Inc. places strong emphasis on sustainability and finding new efficiencies in helping its customers reduce total costs of operation, and operates its business in a manner that respects the environment," said David Engstrom, President of SACC-Philadelphia. "SKF USA Inc. and Poul Jeppesen were unanimously selected to receive SACC-Philadelphia's annual award for 2012.  Our Chamber is impressed by their leadership, contribution to trade, and development of innovative products.  We are proud to recognize SKF's accomplishments in promoting sustainable business practices and also pleased that this Swedish company has its U.S. headquarters in the Philadelphia  community."

Poul Jeppesen added, "I am very proud to accept this award on behalf of SKF USA Inc. and our many giving employees that are active in the Philadelphia community and have contributed to numerous organizations including the Starfinder Foundation, United Way, Habitat for Humanity and the American Red Cross.  Just this week, through a matching program inspired by our own employees, SKF was able to send over $11,000 to the American Red Cross Disaster Relief Drive in support of the losses incurred by SuperStorm Sandy in November."

SACC-Philadelphia presented its award to SKF USA Inc. and Mr. Jeppesen at its annual glogg party business mixer held at the Philadelphia Racquet Club.  The event was attended by over 70 guests.  Many distinguished members of the Philadelphia and Scandinavian business community attended this event.    

About SACC-Philadelphia

SACC-Philadelphia is a non-profit chamber of commerce organization that seeks to promote the exchange of trade and commerce between the Philadelphia Region and Sweden.  SACC-Philadelphia is one of 18 different regional chapters of the umbrella organization, Swedish-American Chamber of Commerce- USA, based in the United States. The Swedish-American Chamber of Commerce is the second largest European Chamber of Commerce in the United States.  For more information about SACC-Philadelphia, please visit our website www.sacc-philadelphia.org

About SKF USA Inc

SKF USA Inc is part of SKF North America with 29 production facilities, including 4 SKF Solution Factories, and some 6000 employees in the U.S, Canada and Mexico.  The operation accounts for almost one-fifth of SKF's global annual sales which in 2011 were SEK 66,216 million (approx. 10 BUSD) and the number of employees was 46,039. SKF is represented in more than 130 countries and has around 15,000 distributor locations worldwide. www.skf.com.

You can also find us on Facebook and twitter: www.facebook.com/SKFUSAInc https://twitter.com/SKFUSAInc

® SKF is a registered trademark of the SKF Group.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,919.59 +80.85 0.48%
S&P 500 1,981.60 +9.86 0.50%
NASDAQ 4,527.5140 +19.2020 0.43%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs