Its premises are located in Kraśnik, Poland, 50 km south-west of Lublin, near the eastern border of the European Union (EU).
At the start of World War II, 39 housing blocks and six buildings for community use (among others: school, hospital, cinema) had already been completed.
During the war, technical crew and qualified workshop workers were relocated from factories in Radom, Skarżysko, and Warsaw, while laborers were sourced from local youth who were taken on as apprentices.
The Polish crew managed to evacuate four batches of machines and devices, moving them to Krzemieniec, before the Germans arrived.
15 September 1948 marked the birthday of the Polish bearing industry with construction of a new facility at the site of Munitions Factory number 2.
Constant modernization of the stock of machines, and improving the organization of work, gave a significant increase in efficiency and productivity.
As a result of privatization, FŁT-Kraśnik S.A. has obtained customers world-wide and managed to increase the number of bearings delivered for OEM and Tier 1 production.
12 August 2002 - FŁT-Kraśnik S.A. began sold its newly founded sub-entity, Rolling Elements Workshop - Kraśnik Sp.
8 December 2005 - FŁT-Kraśnik S.A. sold its Thermal-Electric Plant (responsible for generation of heat and electricity for the factory and the city) to Praterm Company.