Timken Company Education Fund Awards $310,000 to 38 Scholarship Winners in 2010
CANTON, Ohio: June 29, 2010 – The Timken Company Education Fund has awarded $310,000 in scholarships to 38 college-bound students, all children of Timken associates upon application from among its operations around the world.
Timken Unveils New UltraWind Series: The Ultimate Reliability-Enhancing Solution for Multi-Megawatt Turbines
CANTON, Ohio: May 26, 2010 ¡X The wind energy industry¡¦s trend toward multi-megawatt turbines, whether onshore or offshore, presents particular challenges when it comes to reliability. For Timken (NYSE: TKR) it is an opportunity to put 110 years of engin
Timken Expands Helicopter Portfolio with Addition of 77 FAA-Certified Components
Over the past few years, The Timken Company’s (NYSE:TKR) Aerospace and Defense business has been steadily increasing its offering of FAA-approved replacement parts, now available for a wider variety of platforms. With the 2010 Heli Expo this week in Houst
Timken Finalizes Sale of Needle Roller Bearings Business to JTEKT
Timken received approximately $330 million, including retained receivables, from the sale. These proceeds will be used for general company purposes, while also providing additional liquidity, bolstering the company’s financial position in a year it expect
Large size HPS™ spherical roller bearings with 25% higher dynamic load rating
With the HPS™ series, NSK has developed spherical roller bearings that offer twice the lifespan and a limiting speed that is up to 20% higher compared to conventional spherical roller bearings.
The Timken Company Board Elects John Ballbach as Director
CANTON, Ohio – November 10, 2009 – The Timken Company’s (NYSE: TKR) board of directors has elected John M. Ballbach, age 49, as a director of the company, for a term that expires at the company’s annual meeting in 2011. The election restores Timken’s boar
Timken’s Expanded Aerospace Aftermarket Capabilities Help Operators Extend Flight Hours
The Timken Company (NYSE: TKR) has been steadily expanding its aerospace business over the past decade, servicing more than 30,000 main engines, gearboxes, and APUs, on 70 different platforms every year. Key recent expansions for the general aviation mark
Timken Expands Ability to Offer Engineered Steel Solutions in Asia through Collaboration with Daido
CANTON, Ohio: September 2, 2009 — The Timken Company (NYSE: TKR) announced an expanded ability to offer its high-performance, premium engineered steel solutions to customers in Asia, establishing production within the region through an arrangement with Da
Timken Forges Marketing Agreement to Offer Industrial Seals in India
Bangalore, India: August 11, 2009 — The Timken Company announced that Timken India Ltd. has signed a marketing agreement with India’s Spareage Seals Limited, which will allow Timken to offer Spareage’s complete range of oil seals to customers and distribu
Timken Signs Agreement to Sell Needle Roller Bearings Business to JTEKT
The Timken Company (NYSE: TKR) today announced it has signed an agreement to sell the assets of its Needle Roller Bearings business, which primarily serves customers in the automotive original-equipment sector, to Japan’s JTEKT Corporation.
Timken Bearings Help Keep Mining Machinery Running in Poland
The Timken Company (NYSE: TKR) is supplying tapered roller bearings for longwall shearer loaders used in underground coal mines in Poland. The loaders are produced by FAMUR Group of Poland, the largest mining machinery manufacturer in Eastern Europe.
Timken StatusCheck® Monitoring Helps to Ensure Customer’s Pumps Keep Producing Power
CANTON, Ohio: May 27, 2009 — The Timken Company (NYSE: TKR) said its StatusCheck® wireless monitoring system is helping to keep critical equipment running at one of America's most environmentally progressive paper mill operators.
Timken Named Among 100 Most Trustworthy Companies by Forbes
Company scores in top 95% for accounting, governance and management practices
Timken Inks Agreement to Supply Wind Power Equipment Manufacturer in China
CANTON, Ohio: March 9, 2009 — The Timken Company (NYSE: TKR) has signed a long-term, multi-year agreement to supply wind turbine gearbox bearings for Nanjing High Speed Gear Manufacturing Co., Ltd. (NGC), a manufacturer of wind power, marine, construction
Timken Enhances Hot Rolled Tube Capabilities
CANTON, Ohio: Feb. 12, 2009 – The Timken Company (NYSE: TKR) is helping customers deliver products to end users faster by now producing its hot rolled seamless mechanical steel tubing up to a maximum outside diameter (OD) of 13 inches (330 mm).
Timken Makes Forbes Platinum 400 List on Financial Strength
CANTON, Ohio: Jan. 13, 2009 — The Timken Company (NYSE: TKR) marked its fourth time on this year’s Forbes Platinum 400, the magazine’s 11th annual compilation of the “Best Big Companies,” released for the Jan. 13, 2009
Timken Supplies Bearings for Russia's Largest Steelworks
CANTON, Ohio — Dec. 9, 2008 — The Timken Company (NYSE: TKR) today announced that it is supplying anti-friction bearings to SMS Demag AG for installation in a plate mill and slab caster under construction for one of Russia's largest steelmakers. The orde
Timken Opens New Small-Bar Steel Rolling Mill
CANTON, Ohio — Nov. 13, 2008 — The Timken Company (NYSE: TKR) today officially opened a new $60 million small-bar steel rolling mill that has expanded its portfolio of differentiated steel products. The new mill enables the company to produce steel bars
Timken® StatusCheck® System Pays Off for Toyota
Automaker among customers using technology to avoid bearing malfunction
Timken Product Wins Innovation Award From European Distributor
StatusCheck™ units wirelessly monitor condition of equipment
Timken Bearings Help Susiram Save Power
Customer performs test, credits Timken with 29 percent savings
Timken to Supply Bearings to Cement Maker in India
CANTON, Ohio--July 17, 2008--The Timken Company (NYSE: TKR) will supply bearings for critical applications in vertical rolling mills operated by India's second-largest cement producer.
Timken Receives $3.8 Million Contract From Masteel in China
The Timken Company (NYSE: TKR) announced today that it secured a $3.8 million contract for bearings from Masteel, one of the largest iron and steel producers in China.
Timken Unveils Bearing Selection Guide Version 3.0
CANTON, Ohio – June 5, 2008 – The Timken Company (NYSE: TKR) today released Bearing Selection Guide Version 3.0 for users including original equipment manufacturers, distributors, students and engineers. The new electronic guide contains engineering calc
Timken to Provide On-Site Bearing Service for Brazilian Rail Operator
CANTON, Ohio — May 13, 2008 — The Timken Company (NYSE: TKR) announced today that it has signed a long-term agreement to operate a rail bearing reconditioning unit for America Latina Logistica S.A. (ALL), the largest independent railroad operation in Braz
Timken Adds to Industrial Capacity in Asia with Opening of Two New Plants
CANTON, Ohio — April 18, 2008 — The Timken Company (NYSE: TKR) today announced the opening of two new manufacturing facilities in Asia, adding to its ability to serve aerospace and industrial markets.
Timken Enhances Reliability Solutions Offering
CANTON, Ohio — March 13, 2008 — The Timken Company (NYSE: TKR) today expanded its reliability solutions offering to provide maintenance consulting and training to its industrial customers. Through an agreement with Ivara Corporation, Timken reliability e
Timken Adds Oil and Gas Drilling, Extraction Products to Growing Steel Energy Portfolio
CANTON, Ohio — Feb. 22, 2008 — The Timken Company (NYSE: TKR) today announced the addition of leading steel products for oil and gas drilling operations, further extending its strong position in the growing market for high-performance energy products. Ti
Timken Receives $2.4 Million for Project on Advanced Bearing Materials
CANTON, Ohio--(BUSINESS WIRE)--Jan. 16, 2008--The Timken Company (NYSE:TKR) announced today that it received a $2.4 million order in continued federal funding for ongoing projects related to improving the performance and affordability of the next-generati
Timken Sensor Helps Crop Farmers Reap More Efficiency
CANTON, Ohio, Dec 18, 2007 (BUSINESS WIRE) -- The Timken Company (NYSE: TKR) announced today that it is supplying an innovative sensor that, combined with other steering system components, enables hands-free operation of tractors designed for planting and
Timken Bearings in Key Systems at New Steel Mill in Mississippi
CANTON, Ohio--(BUSINESS WIRE)--Nov. 20, 2007--The Timken Company (NYSE:TKR) announced today that its bearing assemblies were used as components in the major production systems supplied by SMS Demag AG for the new SeverCorr steel plant near Columbus, Miss.
Timken to Expand Industrial Bearing Services
CANTON, Ohio--(BUSINESS WIRE)--Oct. 17, 2007--The Timken Company (NYSE:TKR) today announced the expansion of its industrial bearing services capacity in response to the strong long-term outlook for demand and to extend the company's heavy-industrial custo
Timken Extends Agreement With North Coast Bearings, Inc.
CANTON, Ohio--(BUSINESS WIRE)--Sept. 18, 2007--The Timken Company (NYSE:TKR) and North Coast Bearings, Inc. (NCB) of Avon, Ohio, have agreed to extend their strategic alliance, which has successfully supplied kits to the automotive aftermarket since it wa
Timken Upgrades Repair Services in Canada
CANTON, Ohio, Aug 22, 2007 (BUSINESS WIRE) -- The Timken Company (NYSE:TKR) has completed an agreement with Weir Canada, Inc. to be the authorized provider of Timken repair services for chock bearing maintenance and chock repair for metal manufacturing cu
Timken Signs New Contracts With Steelmaker in India
CANTON, Ohio--(BUSINESS WIRE)--July 5, 2007--The Timken Company (NYSE:TKR) will supply JSW Steel Ltd. of India with bearings for its new cold-rolling steel mill as well as provide its MILLTEC(TM) rolling mill maintenance services after construction is com
Timken Receives Award From Volkswagen Transmission in China
CANTON, Ohio--(BUSINESS WIRE)--June 20, 2007--The Timken Company (NYSE:TKR) announced that its manufacturing facility in Wuxi, China, received a 2006 Excellent Supplier award from Volkswagen Transmission Shanghai Co. Ltd. The Timken plant was one of only
Timken Introduces Comprehensive Bearing Catalog
CANTON, Ohio--(BUSINESS WIRE)--May 9, 2007--The Timken Company (NYSE:TKR) announced today the release of a new, 1,300-page bearing catalog in print and electronic versions, which includes the company
Timken Bearings in New Velaro High-Speed Trains
CANTON, Ohio--(BUSINESS WIRE)--April 3, 2007--The Timken Company (NYSE:TKR) announced today that it is the sole authorized supplier of tapered roller bearings for the axle-riding final drives used to transmit power to the wheels of some of Europe's fastes
Timken Advances Program to Improve Automotive Group Performance
CANTON, Ohio--(BUSINESS WIRE)--March 9, 2007--The Timken Company (NYSE:TKR) today announced that it will close its production facility in Sao Paulo, Brazil, by the end of the year. Timken will maintain a sales, marketing and warehousing presence in Brazil
Timken to Present at Citigroup's Industrial Manufacturing Investor Conference
CANTON, Ohio--(BUSINESS WIRE)--Feb. 23, 2007--The Timken Company (NYSE:TKR) will conduct an investor presentation at the Citigroup's 20th Annual Global Industrial Manufacturing Investor Conference on March 6, 2007, at 8:45 a.m. Eastern Time in New York Ci
Timken Delivers Friction Management Solution at the South Pole
CANTON, Ohio, Dec. 14 /PRNewswire/ -- The Timken Company (NYSE: TKR) announced today that VertexRSI, a provider of communication satellites, earth stations and scientific instruments, achieved improved reliability by incorporating an enhanced Timken(R) sp
Timken to Launch Aerospace Manufacturing in China
CHENGDU, China, Nov. 8 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced an important investment in its ability to serve the Chinese and global aerospace markets. Timken's new aerospace precision products center, the first investment of its k
Timken Wins New Mining Customer in China
CANTON, Ohio, Oct. 24 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced a new customer in China, Jixi Coal Mine Machinery Company (Jixi CMMC), one of the country's largest manufacturers of underground mining machinery. Timken supplies its tap
Timken Introduces New Multipoint Lubrication Device
CANTON, Ohio, Sept. 6 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced the expansion of its line of lubricant-delivery devices with the addition of the Timken C-Power multipoint lubricator.
Timken Supplies Integrated System for New PROTOS® Regional Train
COLMAR, France, Aug 30, 2006 /PRNewswire via COMTEX News Network/ -- The Timken Company (NYSE: TKR) is supplying a journal bearing assembly and housing for the new PROTOS train in Germany.
Timken Invests in New Induction Heat Treat Line
CANTON, Ohio, July 20 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced plans to invest approximately $5 million in a new induction heat treat line at its steel plant in Canton, Ohio, that will increase capacity on heat-treated steel bars and
Timken Supplies Drill-Collar Tube for Chinese Energy Market
CANTON, Ohio, June 8 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced that Julong PetroMaterials, Inc., based in Tokyo, has ordered more than $6 million of Timken(R) seamless tubes for its drill collars.
Timken Supplies Two-Millionth Special Bearing Assembly to ZF
The Timken Company recently delivered its two millionth special bearing assembly to the Saarbruecken, Germany, production plant of ZF, a leading global supplier for automotive driveline and chassis technology.
Timken technologies help to win in cup racing championships.
Double-ply champion of the NASCAR Nextel series Cup-2005 Tony Stewart after the victory in general reckoning of the Miami racing expressed gratitude to Timken Company
Timken Company invests extra $ 27 Million.
Timken Company invests extra $ 27 Million in bearing plant in Randleman, N.C.
Timken Acquires Bearing Inspection, Inc.
The Timken Company announced that it had continued to strengthen its strategic position in the aerospace industry with the acquisition of Bearing Inspection, Inc. (Bii).
IV International particularized exhibition “Bearing-2005”
The forth International particularized exhibition “Bearing-2005” will take place in the “New pavilion” of the All-Russian exhibition centre in the context of the “International industrial and technological fair” from 15-th till 18-th of November 2005.
The Timken Company sold Nadella
The Timken Company (USA), the third largest bearing manufacturer in the world, announced, that it has completed the sale of its Linear Motion Systems (LMS) division – Timken S.p.A. in Milan (Italy) and Timken Deutschland GmbH in Stuttgart (Germany)
The Timken Company signed contracts about elaboration of the hybrid bearings
The Timken Company signed 2 contracts about elaboration of the hybrid bearings for the gas turbine aircraft engines. The contracts cost is approximately $7 million.
Timken Launches New Tag Line: Where You Turn
The Timken Company (USA) - the largest manufacturer of bearings and special steels in America, has declared that it changes the former corporate slogan «Worldwide leader in bearings and steel». A new corporate tag line is Where You Turn.
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