CANTON, Ohio, April 7 /PRNewswire-FirstCall/ -- The Timken Corporation today announced price increases on seamless tubular steel products effective with shipments from July 1, 2005 until further notice. Raw material surcharges will remain in effect.
All Carbon Tubing:
* >/= 1.75" Walls +25%
* < 1.75" Walls + 20%
All Alloy Tubing:
* >/= 1.75" Walls +12%
* < 1.75" Walls + 8%
The Timken Corporation is a U.S. sales and marketing subsidiary of
The Timken Company (NYSE: TKR, www.timken.com) is a leading global manufacturer of highly engineered bearings and alloy steels and a provider of related products and services with operations in 27 countries. The company reported record sales of $4.5 billion in 2004 and employed approximately 26,000 at year-end.
Media Contact, Robert G. Bourquin, Senior Communications Representative, (330) 471-7106 , or Investor Contact, Kevin R. Beck, Manager - Investor Relations, (330) 471-7181
SOURCE The Timken Company