Press Releases
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Oct 23, 2008
CANTON, Ohio – Oct. 23, 2008 – The Timken Company (NYSE: TKR) today announced plans to expand production capacity at its Tyger River facility in Union, S.C., to serve the wind energy...
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Oct 21, 2008Proprietary design helps lengthen maintenance intervals and optimize bearing performance
CANTON, Ohio – Oct. 21, 2008 – The Timken Company (NYSE: TKR) is launching a new series of heavy-duty hub rebuild kits to help simplify wheel-end rebuilds for heavy truck maintenance...
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Oct 20, 2008Designed to resist corrosion and meet tighter tolerances
CANTON, Ohio – Oct. 20, 2008 – The Timken Company (NYSE: TKR) today announced that it is expanding its offering of thin-section ball bearings to provide a standard line of bearings...
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Oct 15, 2008Highly engineered steel will support antenna tower at World Trade Center site
CANTON, Ohio — Oct. 15, 2008 — The Timken Company (NYSE: TKR) announced today that it has supplied special bar quality steel for use in constructing the antenna tower for the Freedom...
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Oct 13, 2008Automaker among customers using technology to avoid bearing malfunction
CANTON, Ohio — Oct. 13, 2008 — The Timken Company (NYSE: TKR) announced today that Toyota Motor Manufacturing Kentucky is among a growing number of users that have documented cost...
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Oct 8, 2008Timken system improves efficiency, increases productivity
CANTON, Ohio — Oct. 8, 2008 — The Timken Company (NYSE: TKR) announced today that Rail Polska will implement the Timken® TracGlide® top-of-rail friction management system on its M62...
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Oct 2, 2008Descent brake system will lower science lab to surface
CANTON, Ohio — Oct. 2, 2008 — The Timken Company (NYSE:TKR) has supplied bearings for a new descent brake system to be used on NASA's upcoming Mars Science Laboratory mission....
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Sep 30, 2008Company to announce complete quarterly results Oct. 24
CANTON, Ohio – Sept. 30, 2008 – The Timken Company (NYSE: TKR) today raised its estimate for third-quarter 2008 earnings per diluted share, excluding special items, to $1.00 to $1.10,...
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Sep 18, 2008New thermal treatment facility will boost supply to energy markets
CANTON, Ohio – Sept. 18, 2008 – The Timken Company (NYSE: TKR) today announced that it has invested $14 million in a new thermal treatment facility at its steel plant in Canton, Ohio....
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Sep 17, 2008Oracle Packaging able to reuse rather than scrap component
CANTON, Ohio — Sept. 17, 2008 — The Timken Company (NYSE: TKR) is helping Oracle Packaging Co. reduce repair costs by providing a service that enables the damage-free removal and reuse...
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Sep 15, 2008New lightweight infrared thermometer allows measurement of inaccessible equipment
CANTON, Ohio – Sept. 15, 2008 – The Timken Company (NYSE: TKR) is introducing a new line of non-contact infrared thermometers that allow users to safely measure the temperature of...
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Sep 11, 2008StatusCheck™ units wirelessly monitor condition of equipment
CANTON, Ohio — Sept. 11, 2008 — The Timken Company (NYSE: TKR) announced that its StatusCheck™ wireless condition monitoring system received the Innovation of the Year Award from...
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Sep 2, 2008Customer reduces cost with bearing, chock and roll repair
CANTON, Ohio — Sept. 2, 2008 — The Timken Company (NYSE: TKR) announced today that it is providing industrial services to Sparrows Point, a fully integrated steel mill based in Baltimore.
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Aug 28, 2008
CANTON, Ohio -- Aug. 28, 2008 -- The Timken Company (NYSE: TKR) will conduct an investor presentation at the Longbow Industrial Products Investor Conference on Sept. 11, 2008, at 8:45 a.m. Eastern...
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Aug 28, 2008Modular M15 more reliable and less complex than optical encoders
CANTON, Ohio – Aug. 28, 2008 – The Timken Company (NYSE: TKR) is introducing a new M15 Modular Magnetic Encoder that provides more reliable feedback than optical encoders to keep...
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Aug 26, 2008Customer performs test, credits Timken with 29 percent savings
CANTON, Ohio — Aug. 26, 2008 — As skyrocketing energy costs push the world’s manufacturers to cut consumption, The Timken Company (NYSE: TKR) is receiving additional confirmation of...
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Aug 19, 2008
CANTON, Ohio – Aug. 19, 2008 – The Timken Company (NYSE: TKR) today announced release of a new 170-page Timken® bearing maintenance manual. Written for original equipment...
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Aug 13, 2008Multimillion-dollar order is for large-bore tapered bearings
CANTON, Ohio — Aug. 13, 2008 — The Timken Company (NYSE: TKR) has received an order in the low-multimillion-dollar range to provide large-bore tapered roller bearings for a new...
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Aug 7, 2008
CANTON, Ohio — Aug. 7, 2008 — The Timken Company (NYSE: TKR) announced today that it secured an order from Tianjin Cement Design & Research Institute Co. Ltd. (TCDRI) to supply...
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Aug 1, 2008
CANTON, Ohio – Aug. 1, 2008 – The board of directors of The Timken Company (NYSE: TKR) today declared a quarterly cash dividend of 18 cents per share, an increase of 1 cent per share....
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Jul 30, 2008Sales rise as global industrial demand remains strong
CANTON, Ohio – July 30, 2008 – The Timken Company (NYSE: TKR) today reported record sales of $1.54 billion in the second quarter of 2008, an increase of 14 percent over the same period...
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Jul 28, 2008Baosteel discovers alternative to replacing bearings
CANTON, Ohio — July 28, 2008 — The Timken Company (NYSE: TKR) announced today that its industrial bearing services continue to grow in Asia. Timken Industrial Services’ latest...
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Jul 21, 2008Company to announce quarterly results July 30
CANTON, Ohio – July 21, 2008 – The Timken Company (NYSE: TKR) today announced estimated second-quarter 2008 earnings per diluted share of approximately $0.92. Excluding the impact of...
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Jul 17, 2008Grasim Industries to Use Large-Bore Timken Products
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. Grasim...
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Jun 17, 2008
CANTON, Ohio — June 17, 2008 — 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...
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Jun 11, 2008Solution provided for Chinese regional turboprop
CANTON, Ohio — June 11, 2008 — The Timken Company (NYSE: TKR) announced today that it has supplied a custom bearing solution for use in the landing wheels manufactured by Xi’an...
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Jun 5, 2008
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,...
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May 20, 2008Company’s goal is to change plant cultures and “unleash the hidden factory” for customers
CANTON, Ohio — May 20, 2008 — The Timken Company (NYSE: TKR) now provides a new turnkey Predictive Maintenance Program (PdM) for companies that want to maximize uptime and achieve...
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May 14, 2008In-house remanufacturing unit will be installed for America Latina Logistica
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...
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May 2, 2008
CANTON, Ohio – May 2, 2008 – The board of directors of The Timken Company (NYSE: TKR) today declared a quarterly cash dividend of 17 cents per share. The dividend is payable on June 3,...
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May 1, 2008
CANTON, Ohio — May 1, 2008 — The Timken Company (NYSE: TKR) today announced it will increase base prices on hot-rolled, cold-finished and thermal-treated special bar quality products...
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Apr 30, 2008Sales rise as global industrial demand remains strong
CANTON, Ohio – April 30, 2008 – The Timken Company (NYSE: TKR) today reported sales of $1.43 billion during the first quarter of 2008, an increase of 12 percent over the same period a...
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Apr 24, 2008
CANTON, Ohio — April 24, 2008 — The Timken Company (NYSE: TKR) will conduct an investor presentation at the Merrill Lynch Global Industries Investor Conference on May 8, 2008, at 1:30...
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Apr 18, 2008
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...
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Apr 17, 2008
CANTON, Ohio — April 17, 2008 — The Timken Company (NYSE:TKR) will announce its first-quarter financial results on Wednesday, April 30, 2008, prior to the opening of the New York Stock...
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Mar 24, 2008
CANTON, Ohio — March 24, 2008 — The Timken Company (NYSE: TKR) today announced a reorganization of the innovation and growth function at the company. This organizational change, which...
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Mar 18, 2008
CANTON, Ohio — March 18, 2008 — The Timken Company (NYSE: TKR) today announced the expansion of its array of machinery and equipment reliability solutions to include a remote...
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Mar 13, 2008Reliability consulting to improve machinery performance for industrial customers
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.
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Mar 6, 2008
CANTON, Ohio – March 6, 2008 – The Timken Company (NYSE:TKR) will conduct an investor presentation at the BB&T Manufacturing and Materials Investor Conference on March 20, 2008, at...
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Mar 5, 2008
CANTON, Ohio – March 5, 2008 – The Timken Company (NYSE:TKR) will conduct an investor presentation at the Citi Small- & Mid-Cap Investor Conference on March 18, 2008, at 10:05 a.m....
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Mar 3, 2008
CANTON, Ohio — March 3, 2008 — Building on its extensive line of industrial lubricants, The Timken Company (NYSE: TKR) today announced the addition of several quality...
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Feb 22, 2008Boring Specialties acquisition complete
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...
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Feb 21, 2008
CANTON, Ohio — Feb. 21, 2008 — The Timken Company (NYSE: TKR) will conduct an investor presentation at the Citigroup's 21st Annual Global Industrial Manufacturing Investor Conference...
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Feb 15, 2008
CANTON, Ohio — Feb. 15, 2008 — The Timken Company (NYSE: TKR) today announced it will increase prices on carbon and alloy seamless mechanical tubing by up to 15 percent, depending on...
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Feb 14, 2008
CANTON, Ohio — Feb. 14, 2008 — The Timken Company (NYSE: TKR) today announced that manganese (Mn) will be added to the company’s generic alloy surcharge for steel customers effective...
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Feb 7, 2008
CANTON, Ohio – Feb. 7, 2008 – The Timken Company (NYSE:TKR) will webcast an investor conference on Wednesday, Feb. 20, 2008. The live event will begin at 9:00 a.m. Eastern Time and...
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Feb 5, 2008
CANTON, Ohio – Feb. 5, 2008 – The board of directors of The Timken Company (NYSE: TKR) today declared a quarterly cash dividend of 17 cents per share. The dividend is payable on March...
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Jan 31, 2008Operating performance improves despite automotive weakness, higher costs
CANTON, Ohio--(BUSINESS WIRE)--Jan. 31, 2008--The Timken Company (NYSE: TKR) today reported sales of $5.2 billion for 2007, an increase of 5 percent from a year ago. Strong sales in industrial...
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Jan 22, 2008Deal Will Combine Leading Oil and Gas Drilling and Extraction
CANTON, Ohio--(BUSINESS WIRE)--Jan. 22, 2008--The Timken Company (NYSE: TKR) today announced that it has entered into an agreement to acquire the assets of Boring Specialties Inc. (BSI), a leading...
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Jan 17, 2008
CANTON, Ohio--(BUSINESS WIRE)--Jan. 17, 2008--The Timken Company (NYSE:TKR) will announce its 2007 annual and fourth-quarter financial results on Thursday, Jan. 31, 2008, prior to the opening of...