This is the old SKF factory building.

The SKF company was founded on Sven Wingqvist's 1907 Swedish patent No. 25406, a multi-row self-aligning radial ball bearing. The Patent was granted on June 6 in Sweden coinciding with patents in 10 other countries. The new ball bearing was successful from the outset. By 1910, the company had 325 employees and a subsidiary in the United Kingdom. Manufacturing operations were later established in multiple countries.

http://en.wikipedia.org/wiki/SKF