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 Industries Ltd. has placed orders for large-bore cylindrical and spherical Timken(R) bearings for use at the company's plant in Tadipatri, India.
The bearings will be installed during 2009 in positions that are deemed critical for efficient operation of the vertical rolling mills. The reliability of bearings in these positions is of paramount importance because bearing failure in critical applications can cause significant equipment downtime.
Grasim Industries Ltd., a flagship company of the Aditya Birla Group, ranks among India's largest private sector companies, with consolidated net revenues of Rs.141 billion (FY 2007).
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 27 countries and approximately 25,000 employees, Timken is Where You Turn™ for better performance.
Source: The Timken Company
Media Contact: Jeff Dafler
Manager - Global Media & Government Relations
Telephone: 330-471-3514
Facsimile: 330-471-7032
jeff.dafler@timken.com
Investor Contact: Steve Tschiegg
Manager - Investor Relations
Telephone: 330-471-7446
Facsimile: 330-471-2797
steve.tschiegg@timken.com
For Additional Information:
www.timken.com/media