Press Releases
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Mar 9, 2007Closure of Facility in Brazil Will Reduce Manufacturing Footprint, Improve Efficiency
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...
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Mar 8, 2007
CANTON, Ohio--(BUSINESS WIRE)--March 8, 2007--The Timken Company (NYSE:TKR) will conduct an investor presentation at the BB&T Manufacturing & Materials Investor Conference on March 22, 2007, at...
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Mar 6, 2007Product Benefits Customers in Industrial, Energy and Bearing Markets
CANTON, Ohio--(BUSINESS WIRE)--March 6, 2007--The Timken Company (NYSE:TKR) today announced that it has further expanded its rolled carbon and alloy steel round bar capabilities and can now...
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Feb 28, 2007New Operation Enhances Capability to Make Precision Parts
CANTON, Ohio--(BUSINESS WIRE)--Feb. 28, 2007--The Timken Company (NYSE:TKR) today announced that it has launched a fully integrated casting operation to produce precision aerospace aftermarket...
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Feb 23, 2007
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...
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Feb 22, 2007
CANTON, Ohio--(BUSINESS WIRE)--Feb. 22, 2007--The Timken Company (NYSE:TKR) and Rio Tinto Energy America, a business unit of one of the world's leading mining and exploration companies, have...
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Feb 14, 2007NASCAR 'Car of Tomorrow' Design to be a Primary Focus
CANTON, Ohio--(BUSINESS WIRE)--Feb. 14, 2007--The Timken Company (NYSE:TKR) announced today that it has extended its agreement with Joe Gibbs Racing as an official technical partner of the NASCAR...
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Feb 7, 2007Strong industrial markets lead to record sales in Steel, Industrial Groups
CANTON, Ohio--(BUSINESS WIRE)--Feb. 7, 2007--The Timken Company (NYSE:TKR) today announced sales of $5.0 billion for 2006, up 3 percent from a year ago. Sales exclude Latrobe Steel, which the...
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Feb 6, 2007
CANTON, Ohio--(BUSINESS WIRE)--Feb. 6, 2007--The board of directors of The Timken Company (NYSE:TKR) today declared a quarterly cash dividend of 16 cents per share. The dividend is payable on...
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Feb 2, 2007Bearings to Be Installed on Frame Used for Freight Cars in United Kingdom
CANTON, Ohio--(BUSINESS WIRE)--Feb. 2, 2007--The Timken Company (NYSE:TKR) recently won an order to supply, repair and replace tapered bearings for German railway supplier ELH Eisenbahnlaufwerke...
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Jan 29, 2007Unexpected Items Impact Fourth-Quarter Results
CANTON, Ohio--(BUSINESS WIRE)--Jan. 29, 2007--The Timken Company (NYSE:TKR) today announced it is reducing its earnings estimate for the fourth quarter of 2006. The reduction is primarily due to...
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Jan 17, 2007Investment Extends Product Differentiation in High-Performance Applications, Targets Broad Range of Customers, Including Automotive Transplants
CANTON, Ohio--(BUSINESS WIRE)--Jan. 17, 2007--The Timken Company (NYSE:TKR) announced today that it will invest approximately $60 million in its steel rolling mill operations to increase the...
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Jan 11, 2007Bombardier Uses Advanced Sensor Technology to Monitor Temperature
CANTON, Ohio--(BUSINESS WIRE)--Jan. 11, 2007--The Timken Company (NYSE:TKR) is supplying 480 high-tech axle bearing assemblies to Bombardier Transportation for use in the locomotives of the next...
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Dec 19, 2006Sale advances Automotive Group's restructuring plans
The Timken Company (NYSE: TKR) today announced it has completed the sale of its automotive steering business, which operates facilities in...
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Dec 14, 2006Engineered Bearing Improves Radio Telescope's Performance
The Timken Company (NYSE: TKR) announced today that VertexRSI, a provider of communication satellites, earth stations and scientific instruments, achieved...
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Dec 8, 2006
CANTON, Ohio, Dec 08, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Timken Company (NYSE: TKR) today announced it completed the sale of its Latrobe Steel subsidiary in Latrobe, Pa.,...
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Dec 5, 2006System Solution for New EURO 4000 Locomotive
The Timken Company (NYSE: TKR) is supplying an integrated system of bearings and housings to Vossloh Locomotives for its new EURO 4000, the most powerful...
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Dec 1, 2006Acquisition of Engine Overhauler Expands Aerospace Services
The Timken Company (NYSE: TKR) today announced that it is continuing to expand its strategic position in the aerospace aftermarket by acquiring the assets of...
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Nov 27, 2006Tapered Roller Bearings Used in Scheuerle Transporters
The Timken Company (NYSE: TKR) played a major role in moving one of the largest loads ever carried by a wheeled vehicle. A fully assembled and equipped oil...
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Nov 8, 2006Investment Lifts the Company's China Presence to Six Plants
The Timken Company (NYSE: TKR) today announced an important investment in its ability to serve the Chinese and global aerospace markets. Timken's new...
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Nov 6, 2006Mihaila, Fracassa named senior vice presidents
CANTON, Ohio, Nov 06, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- The Timken Company (NYSE: TKR) today announced the appointment of J. Ted Mihaila to the position of senior vice...
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Nov 3, 2006
The board of directors of The Timken Company (NYSE: TKR) today declared a quarterly cash dividend of 16 cents per share. The dividend is payable on...
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Nov 1, 2006
CANTON, Ohio, Nov 01, 2006 /PRNewswire via COMTEX News Network/ -- The Timken Company (NYSE: TKR) today announced it has expanded its innovative line of condition-monitoring equipment to include a...
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Oct 31, 2006Increased hardness is easier to machine
The Timken Company (NYSE: TKR) collaborated with one of its major automotive customers to produce a steel that is easier to machine. Working with the Robert...
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Oct 30, 2006Chennai facility will make antifriction bearings for global markets
The Timken Company (NYSE: TKR) today announced plans to build a new bearing manufacturing facility in India. The plant, which will be located in Chennai in...