SKF USA, Inc.

The subject property is located in the Moody Commerce Park which is situated at the southwest corner of Interstate 20 and Kelly Creek Road in Moody, Alabama. The property is located approximately 8 miles east of Birmingham. Moody Commerce Park has three existing multi-tenant warehouse buildings containing approximately 527,800 sq. ft. Some the tenants in the park include Michelin and Sumitomo Electric Wiring Systems.

SKF USA, Inc. – Moody, AL

SKF USA Inc. is the U.S. subsidiary of Sweden-based SKF Group. 28 of the parent company’s 140 global manufacturing sites are located in the U.S., including facilities for the production of seals, lubrication systems, linear motion products, actuation systems, and rolling bearings. 20% of the SKF Group’s total net sales (by customer location) are derived from the U.S. SKF USA is a major provider of products and technology to original equipment manufacturers and industrial operations in virtually every major industry, including transportation, paper, mining, oil and gas, food and beverage, machine tool, metals, aerospace and energy, among others. SKF USA is also an industry leader in the area of condition monitoring, supplying advanced hardware and integrated software solutions for plant asset management optimization. SKF USA has more than 130 distributor accounts with more than 900 customers within 300 miles of the new Moody facility.

SFK has characterized the Moody facility as a “SFK Solution Factory”, the third such facility in the United States and one of only 20 such facilities around the world. These facilities aim to deliver customized solutions to meet tough industry challenges, and provide customers with project management, asset management consulting, energy management, machine improvement programs and lubrication management. The Moody “Solution Factory” will be able to manufacture bearings, handle precision assembly, driveline services, custom-machined seals, root-cause failure analysis, seminars and training.