Oct 29 (Reuters) - Sweden's SKF said on Tuesday it sold

its Hanover, Pennsylvania ring and seal operation, via

subsidiary PCTI, to Carco PRP for 2.3 billion Swedish crowns

($215.98 million) as part of its strategy to exit the non-core

aerospace sector.

SKF first revealed plans to explore fully or partially

exiting its non-core business in October last year.

The bearings maker in September said it plans to split into

two separate companies by spinning off its automotive business

with a separate stock market listing, with the potential to

improve margins for both operations.

SKF, the world's biggest maker of industrial bearings, in

July forecast flat like-for-like sales in the third quarter and

said low volumes and production shifts could dent margins during

the rest of the year.

($1 = 10.6490 Swedish crowns)