Press Releases
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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;...