Press Releases
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May 3, 2024
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, today approved a 3 percent increase in the...
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Apr 30, 2024
Sales of $1.19 billion, down 5.7 percent from last year First-quarter earnings per share of $1.46; adjusted EPS of $1.77 Strong margin performance in the quarter, with net income margin of 8.7...
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Apr 23, 2024
NORTH CANTON, Ohio, April 23, 2024 — The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, is pleased to announce that the...
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Apr 16, 2024
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named to Fortune's list of America's Most Innovative Companies for...
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Apr 11, 2024
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its first-quarter 2024 financial results on Tuesday, April 30,...
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Mar 27, 2024
Industry executive Tarak Mehta named Timken's next president and CEO Richard G. Kyle to retire as Timken president and CEO; will remain on the Timken Board of Directors NORTH CANTON, Ohio, March...
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Mar 19, 2024
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named one of the World's Most Innovative Companies of 2024 by Fast...
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Mar 14, 2024
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has released its 2023 Annual Report, marking another year of revenue growth,...
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Mar 12, 2024
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the BofA Global Research Global Industrials Conference in...
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Mar 4, 2024
Recognition highlights company's commitment to business integrity through robust ethics, compliance and governance programs NORTH CANTON, Ohio, March 4, 2024 /PRNewswire/ -- The Timken Company...
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Feb 29, 2024
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the Evercore ISI Industrial Conference on March 5, 2024....
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Feb 23, 2024
The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from engineering and business to medicine and the arts. In an awards...
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Feb 8, 2024
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 33...
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Feb 5, 2024
Sales of $1.09 billion in the fourth quarter, up 1 percent from last year Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 Record full-year sales of $4.8 billion, up 6 percent...
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Jan 16, 2024
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been recognized by Newsweek as one of America's Greatest Workplaces for...
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Jan 11, 2024
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its 2023 fourth-quarter and full-year financial results on...
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Dec 21, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has acquired Lagersmit, a Netherlands-based manufacturer of highly engineered...
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Dec 6, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been recognized by Newsweek and Statista Inc. as one of America's Most...
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Nov 21, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the Melius Research Conference on Dec. 7, 2023 in New York City....
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Nov 3, 2023
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 33...
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Nov 1, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of Engineered Solutions...
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Nov 1, 2023
Sales of $1.14 billion, up approximately 1 percent from last year Third-quarter earnings per share of $1.23; adjusted EPS of $1.55 Strong cash from operations of $194 million; free cash flow of...
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Oct 26, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today completed the sale of Jiangsu TWB Bearings Co., Ltd. (TWB) to Zhejiang...
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Oct 16, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has reached an agreement to acquire Engineered Solutions Group (a.k.a....
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Oct 13, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its third-quarter 2023 financial results on Wednesday, Nov. 1,...
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Oct 2, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has acquired Rosa Sistemi S.p.A., a European designer and manufacturer of...
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Sep 28, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today issued its annual corporate social responsibility (CSR) report, which...
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Sep 8, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the DA Davidson Diversified Industrials & Services Conference on...
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Sep 5, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has acquired Des-Case Corp., a Nashville, Tenn.-based manufacturer of...
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Aug 8, 2023
Delivering innovative product for photovoltaic (PV) trackers to help withstand geographical and weather-related challenges NORTH CANTON, Ohio, Aug. 8, 2023 /PRNewswire/ -- The Timken Company...
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Aug 3, 2023
Record sales of $1.27 billion, up 10 percent from last year Second-quarter EPS of $1.73; adjusted EPS of $2.01 Net income margin of 9.8 percent; adjusted EBITDA margin of 20.7 percent Repurchased...
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Aug 2, 2023
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 33...
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Jul 13, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its second-quarter 2023 financial results on Thursday, Aug. 3,...
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Jun 20, 2023
Achieved sales CAGR of 30+ percent over last five years; well-positioned for additional growth NORTH CANTON, Ohio, June 20, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a...
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May 17, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the KeyBanc Industrials & Basic Materials Conference on...
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May 9, 2023
Announces new $70 million investment to further expand wind energy manufacturing capabilities, coming online in 2023 NORTH CANTON, Ohio, May 9, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR;...
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May 5, 2023
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today approved a 6 percent increase in the...
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May 3, 2023
Record sales of $1.26 billion, up 12 percent in total and 11 percent organically from last year Record first-quarter EPS of $1.67; with all-time record quarterly adjusted EPS of $2.09 Net income...
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Apr 27, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, announced it will participate in two upcoming investor conferences. Philip D....
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Apr 13, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its first-quarter 2023 financial results on Wednesday, May 3,...
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Apr 4, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of Nadella Group, a...
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Mar 29, 2023
Company recognized for innovative processes, products and culture NORTH CANTON, Ohio, March 29, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered...
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Mar 20, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has issued its 2022 Annual Report, which celebrates a century since the...
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Mar 14, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the BofA Global Research Global Industrials Conference in...
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Mar 13, 2023
Awarding organization Ethisphere says companies committed to business integrity elevate standards, have better long-term performance NORTH CANTON, Ohio, March 13, 2023 /PRNewswire/ -- The Timken...
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Mar 1, 2023
The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from economics and agriculture to medicine and education. In an awards...
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Feb 28, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the Evercore ISI Industrial Conference on March 7, 2023....
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Feb 21, 2023
The Timken Company (NYSE: TKR; www.timken.com), continues to be a key contributor to the latest generation of United States Navy ships. General Dynamics Bath Iron Works (BIW) recently awarded...
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Feb 15, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has earned a spot on the Forbes list of America's Best Large Employers 2023....
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Feb 10, 2023
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 31...
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Feb 9, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the Citi 2023 Global Industrial Tech and Mobility...
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Feb 6, 2023
Sales of $1.08 billion in the fourth quarter, up 7 percent in total and 10 percent organically from last year Fourth-quarter EPS of $1.32; adjusted EPS of $1.22 Record full-year 2022 EPS of $5.48;...
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Feb 1, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion products, has acquired the assets of American Roller Bearing Company (ARB),...
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Jan 30, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion products, has reached an agreement to acquire Nadella Group, a leading...
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Jan 16, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its 2022 fourth-quarter and full-year financial results on...
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Jan 5, 2023
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today announced its packaged wheel bearings are being used on Ford Motor...
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Dec 7, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named one of America's Most Responsible Companies 2023 by Newsweek...
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Nov 22, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the Melius Research Industrials Conference on Dec. 8, 2022 in New...
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Nov 11, 2022
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 31...
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Nov 7, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of GGB Bearings. Founded...
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Nov 1, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today announced it has closed the sale of its Aerospace Drive Systems (ADS)...
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Oct 31, 2022
Robust portfolio growing at double the rate of the U.S. industrial production index over last five years NORTH CANTON, Ohio, Oct. 31, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com
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Oct 27, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the Baird Global Industrial Conference on Nov. 8, 2022 in...
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Oct 26, 2022
Sales of $1.14 billion, up nearly 10 percent in total and 14 percent organically from last year Third-quarter earnings per diluted share of $1.18 on a GAAP basis, with adjusted EPS of $1.52 Raises...
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Oct 13, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its third-quarter 2022 financial results on Wednesday, Oct. 26,...
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Sep 28, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion, is hosting an Investor Day at 9:30 a.m. ET today in New York City. Richard...
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Sep 27, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion products, today released its annual corporate social responsibility (CSR)...
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Sep 26, 2022
Timken is one of only 30 companies to be listed for 100 consecutive years, first Ohio-based company to reach milestone NORTH CANTON, Ohio, Sept. 26, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR;
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Sep 7, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will host an Investor Day in New York City on Wednesday, Sept. 28, 2022, from...
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Sep 6, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has reached an agreement to acquire GGB Bearing Technology (GGB), a division...
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Aug 10, 2022
Christopher Coughlin named executive vice president and president of industrial motion Andreas Roellgen named executive vice president and president of engineered bearings Natasha Pollock, vice...
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Aug 3, 2022
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of
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Jul 29, 2022
The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will attend the Jefferies Industrials Conference on Aug. 10, 2022 in New York...
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Jul 28, 2022
Record sales of $1.15 billion, up 11 percent organically from last year Record second-quarter earnings per diluted share of $1.42 on a GAAP basis, with all-time record quarterly adjusted EPS of $1.67
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Jul 14, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its second-quarter 2022 financial results on...
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Jul 11, 2022
Redstone facility in Northern Cape will use molten salt to store energy from the sun, deliver electricity to 200,000 homes during peak demand NORTH CANTON, Ohio, July 11, 2022 /PRNewswire/ -- The...
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Jun 20, 2022
The Timken Company (NYSE: TKR; www.timken.com), continues to be a key contributor to the next generation of United States Navy ships. Fincantieri Marinette Marine (FMM) recently awarded...
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Jun 6, 2022
Technically advanced bearings allow for increased turbine size and help maximize efficiency and durability NORTH CANTON, Ohio, June 3, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR;...
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Jun 1, 2022
Company recognized for attracting and developing the next generation of world-class problem solvers NORTH CANTON, Ohio, June 1, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com),...
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May 31, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has completed its previously announced acquisition of Spinea,...
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May 20, 2022
Ryan Evans tapped to lead professional group of tribologists and lubrication engineers, Nikhil Londhe honored for outstanding research NORTH CANTON, Ohio, May 20, 2022 —The Timken Company (NYSE:...
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May 18, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will participate in the KeyBanc Industrials & Basic Materials...
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May 6, 2022
Company Increases Quarterly Dividend to 31 Cents Per Share; Joins Short List of Companies to Achieve 100-Year Milestone NORTH CANTON, Ohio, May 6, 2022 /PRNewswire/ -- The board of directors of...
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May 2, 2022
Record sales of $1.125 billion, up approximately 10 percent from last year Record first-quarter earnings per diluted share of $1.56 on a GAAP basis, with all-time record quarterly adjusted EPS of...
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Apr 29, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has reached an agreement to acquire Spinea, s.r.o. (Spinea), a...
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Apr 20, 2022
The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will virtually attend the Oppenheimer 17th Annual Industrial Growth...
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Apr 13, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its first-quarter 2022 financial results on Monday,...
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Mar 22, 2022
NORTH CANTON, Ohio, March 22, 2022 NORTH CANTON, Ohio, March 22, 2022 — The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission...
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Mar 18, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has released its 2021 Annual Report, which describes how the...
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Mar 3, 2022
The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will present virtually at the BofA Global Research Global Industrials...
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Feb 22, 2022
The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from medicine and engineering to economics and computer science. In an...
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Feb 15, 2022Timken Wins Contract as Sole Provider of High-Precision Drives for World's Largest Solar Power PlantCone Drive components deliver reliability and security to solar panel trackers at Al Dhafra PV2 installation in United Arab Emirates
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, is providing high-precision drives for what will be the world's...
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Feb 11, 2022
The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of
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Feb 9, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will participate in the Citi 2022 Global Industrial Tech and...
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Feb 3, 2022- Sales of $1.01 billion in the fourth quarter, up 13 percent from last year
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported fourth-quarter 2021 sales of $1.01 billion, up 13...
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Jan 14, 2022
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its 2021 fourth-quarter and full-year financial...
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Dec 7, 2021Organic sales growth for Rollon products expected to outperform average company organic sales growth in 2021 and deliver double-digit CAGR through 2025
The Timken Company (NYSE: TKR), a global industrial leader in engineered bearings and power transmission products, is experiencing strong growth in its linear motion product line, with 2021 sales...
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Dec 2, 2021Award recognizes Timken's continued focus on creating a more efficient and resilient world
The Timken Company (NYSE: TKR), a global industrial leader in engineered bearings and power transmission products, is one of America's Most Responsible Companies 2022. Timken maintains its...
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Nov 24, 2021
The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will participate in the Melius Research Industrial Tech &...
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Nov 18, 2021Split Tapered Roller Bearing Design Eases Installation, Reduces Costs and Lessens Downtime for Wind Farm Operations
The Timken Company (NYSE: TKR), a global industrial leader in engineered bearings and power transmission products, has been named a 2021 R&D 100 Award winner by R&D World magazine. The publication...