CANTON, Ohio--(BUSINESS WIRE)--April 30, 2007--The Timken Company (NYSE:TKR) today announced that L&H Industrial Inc., a leading North American rebuilder and manufacturer of mining equipment components, is providing better equipment reliability to mine sites as a result of a new Timken(R) bearing design. Timken's new spherical roller bearing cartridge has improved service life, saving mine operators thousands of dollars.
"Because of Timken's reputation for developing solutions to enhance its customers' performance, L&H Industrial turned to Timken when it encountered ongoing repair problems. Timken's knowledge of friction management not only helped L&H Industrial, but also the end users who are L&H's customers," said Trip Kern, Timken's mining market manager.
L&H Industrial's customers had problems with the reliability of the electric shovels they bought from original equipment manufacturers. These shovels, which are used to scoop 80-plus tons of earth and coal into haulage trucks in a single bite, could break down unexpectedly, resulting in lost productivity and repair costs that could exceed $5,000 an hour. When typical repairs last upward of 10 hours per incident, the financial implications could be significant.
L&H analyzed the equipment repairs and identified the shovel's swingshaft as the root problem. At the lower end of the swingshaft, the main rotating pinion was mounted in an "overhung" position, which subjected the swingshaft to severe bending loads at the last bearing. These shafts tended to crack after 4,000 to 6,000 hours - or about every eight to 12 months - often causing an unexpected stop for maintenance.
L&H turned to Timken for a solution. Timken developed a new spherical roller bearing cartridge featuring an enlarged inside diameter and changes in its metallurgical properties. The new bearing has nearly double the life of the previous design and fits into the original housing.
"The shovels are still running, going on two years," said Troy Allee, L&H engineering manager. "We are grateful to Timken because they helped find a solution for our customer. Few companies offer service and deliver value like that."
The Timken Company realizes that service life is a critical component of a mine site's profitability.
"Our ability to develop innovative integrated assemblies like this lower swingshaft bearing and to follow up with the necessary technical support demonstrates Timken's commitment to serving the mining industry," Kern said.
About L&H Industrial
L&H is at the heart of the mining industry. Based in Gillette, Wyo., the company is a world leader in rebuilding parts and new manufactured parts of rope shovel and mining support equipment. L&H employs more than 200 professionals and has a metallurgical and mechanical engineering department combined with full welding and machining capabilities. As a world leader in aftermarket products, L&H sells high quality, reliable and innovative parts to mines around the globe.
About The Timken Company
The Timken Company (NYSE: TKR, www.timken.com) keeps the world turning, with innovative friction management and power transmission products and services, enabling our customers to perform faster and more efficiently. With sales of $5.0 billion in 2006, operations in 26 countries and approximately 25,000 employees, Timken is Where You Turn™ for better performance.
CONTACT: The Timken Company
Media Contact: Gloria Irwin, 330-471-7948
Manager - Trade Media Relations
Facsimile: 330-471-7032
gloria.irwin@timken.com
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Investor Contact: Steve Tschiegg, 330-471-7446
Manager - Investor Relations
Facsimile: 330-471-2797
steve.tschiegg@timken.com
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www.timken.com/media
www.timken.com/investors
SOURCE: The Timken Company