CANTON, Ohio: March 24, 2008 — The Timken Company (NYSE: TKR) today announced that it supplied axle bearing assemblies to BEML Ltd. for use on eight prototype coaches being manufactured for the Delhi Metro Rail Corporation Ltd.
Delhi Metro Rail, a high-tech, high-capacity rail system designed to alleviate traffic congestion in India's largest metropolitan areas, is expanding into Bangalore, Mumbai and other major cities in India. The transit system is seeking to purchase rail coaches and wagons from local suppliers such as BEML.
Since opening in 2002, all of Delhi Metro Rail’s coaches have been equipped with Timken® axle bearings. Timken also supplies bearing assemblies to the state-owned Indian Railways. The Timken facility in Jamshedpur manufactures the bearing assemblies.
BEML, headquartered in Bangalore, was founded as Bharat Earth Movers Limited. The company has expanded its infrastructure to manufacture coaches for the rail system, in addition to making earth-moving equipment.
About The Timken Company
The Timken Company (NYSE: TKR, http://www.timken.com) keeps the world turning, with innovative friction management and power transmission products and services, enabling our customers' machinery to perform more efficiently and reliably. With sales of $5.7 billion in 2008, operations in 26 countries and approximately 25,000 employees, Timken is Where You Turn™ for better performance.
SOURCE: The Timken Company
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