GOTHENBURG, Sweden-SKF A.B. reported 23.9-percent higher sales for its seals division in the first half of 1995, based on continuing strong demand in the U.S. from industrial customers and in Europe for automotive seals.
However, North American automo-tive demand slackened somewhat, the firm said.
Seals Division sales rose to $271 million, while operating earnings more than doubled to $23.2 million. This level of activity represents about 10 percent of SKF's total sales and 9 percent of earnings.
SKF's seals business unit comprises 11 plants in four countries. A significant portion of the unit's growth comes from the consolidation of sales from its Goetze Elastomere GmbH business, acquired in late 1994.