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Timken to Add Manganese to Generic Alloy Surcharge

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 with shipments beginning on April 1, 2008. 

 

Timken implemented the change in response to higher global demand and tightening supplies of manganese.  All other raw-material surcharges will remain in effect.

 

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 $5.2 billion in 2007, operations in 26 countries and approximately 25,000 employees, Timken is Where You Turn™ for better performance.
 

 

    CONTACT: The Timken Company
             Media Contact: Jeff Dafler
             Manager - Global Media &
             Government Relations
             Telephone: 330-471-3514
             Facsimile: 330-471-4118
             jeff.dafler@timken.com
             or
             Investor Contact: Steve Tschiegg
             Manager - Investor Relations
             Telephone: 330-471-7446
             Facsimile: 330-471-2797
             steve.tschiegg@timken.com
             or
             For Additional Information:
             www.timken.com/media 
             www.timken.com/investors

 

    SOURCE: The Timken Company