Press Releases
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Mar 18, 2014
The Timken Company (NYSE: TKR; www.timken.com) has established a joint venture (JV) with European Bearing Corporation (EPK) aimed at serving...
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Mar 4, 2014Timken to Present at Bank of America Merrill Lynch Global Industrials & EU Autos Investor Conference
The Timken Company (NYSE: TKR; www.timken.com) will present at the Bank of America Merrill Lynch Global Industrials & EU Autos Investor Conference on...
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Feb 25, 2014
The Timken Company (NYSE: TKR; www.timken.com) will present at the ISI Annual Industrial Investor Conference on March 11, 2014, at 11:10 a.m. Eastern...
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Feb 20, 2014
The Timken Company (NYSE: TKR; www.timken.com) today announced it will increase base prices on special bar quality (SBQ) products 6.5" and below by $30...
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Feb 14, 2014
The Timken Company (NYSE: TKR; www.timken.com) board of directors today announced the appointment of Philip D. Fracassa as chief financial officer of...
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Feb 14, 2014
The Timken Company's (NYSE: TKR; www.timken.com) board of directors has elected Christopher L. Mapes a director of the company. Additionally, the...
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Feb 14, 2014Timken directors declare quarterly cash payout of 25 cents per share
The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 25 cents per share, an increase of 9...
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Feb 11, 2014
The Timken Company (NYSE: TKR; www.timken.com) announced today that TimkenSteel Corporation, its newly formed subsidiary which will hold the...
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Jan 30, 2014-- Posted fourth-quarter earnings per diluted share (EPS) of $0.55, or $0.78 excluding unusual items
The Timken Company (NYSE: TKR; www.timken.com) today reported sales of $4.3 billion for 2013, a decrease of 13 percent from the prior year....
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Jan 16, 2014
The Timken Company (NYSE: TKR; www.timken.com) will release its 2013 fourth-quarter and full-year financial results on Thursday, Jan. 30, 2014, prior...
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Dec 5, 2013
The Timken Company (NYSE: TKR; www.timken.com) announces the opening of its new industrial service center in Raipur, in the state of Chhattisgarh,...
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Nov 19, 2013
The Timken Company (NYSE: TKR; www.timken.com) announced the election of Richard G. Kyle, age 48, as a director of the company, for a term that expires...
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Nov 15, 2013Timken directors declare quarterly cash payout of 23 cents per share
The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 23 cents per share. The dividend is...
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Nov 14, 2013New line of Timken® SNT plummer blocks launched to meet global demand
CANTON, Ohio: Nov. 14, 2013 — The Timken Company (NYSE: TKR; www.timken.com) today introduced its new line of Timken® SNT plummer block housed units. This product addresses global demand...
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Oct 24, 2013-- Earns $0.54 per diluted share on lower sales for the quarter
The Timken Company (NYSE: TKR) today reported third-quarter 2013 sales of $1.1 billion. Sales decreased 7 percent when compared with the...
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Oct 10, 2013
The Timken Company (NYSE: TKR; www.timken.com) will release its 2013 third-quarter financial results on Thursday, Oct. 24, 2013, prior to the...
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Sep 9, 2013
The Timken Company (NYSE: TKR; www.timken.com) today announced that Glenn A. Eisenberg, executive vice president of finance and administration and...
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Sep 5, 2013-- Plan to create two strong stand-alone companies via tax-free spinoff of Timken steel business; expected completion within 12 months.
The Timken Company (NYSE: TKR; www.timken.com) today announced that its board of directors has approved a plan to pursue a separation of the company's...
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Aug 6, 2013Timken directors declare quarterly cash payout of 23 cents per share
The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 23 cents per share. The dividend is...
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Jul 25, 2013-- Earns $0.86 per diluted share; continues to generate strong operating margins across all segments
The Timken Company (NYSE: TKR; www.timken.com) today reported sales of $1.1 billion for the second quarter of 2013, a decrease of...
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Jul 11, 2013
The Timken Company (NYSE: TKR; www.timken.com) will release its 2013 second-quarter financial results on Thursday, July 25, 2013, prior to...
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Jun 10, 2013Committee Retains Goldman Sachs to Assist With Evaluation, Including Corporate Governance and Capital Allocation
The Timken Company (NYSE: TKR; www.timken.com) today announced that its Board of Directors has formed a Strategy Committee to evaluate a potential...
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May 13, 2013
The Timken Company (NYSE: TKR; www.timken.com) today announced the continued expansion of its industrial services capabilities with the acquisition of...
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May 7, 2013Timken directors declare quarterly cash payout of 23 cents per share
The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 23 cents per share. The dividend is payable...
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May 7, 2013Shareholders Support Proposal to Spin Off Steel Business; Re-elect Members of the Board of Directors
The Timken Company (NYSE: TKR; www.timken.com) held its 109th annual meeting of shareholders today in Canton, Ohio. At the meeting, shareholders...
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Apr 25, 2013Urges Shareholders to Vote Before May 7 Annual Meeting AGAINST the Misguided Proposal to Spin-Off the Steel Business
The Timken Company (NYSE: TKR; www.timken.com) continues to urge Timken shareholders to support the Company's proven strategy of creating shareholder...
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Apr 24, 2013-- Earns $0.77 per diluted share ($0.80 per diluted share excluding plant closure costs)
The Timken Company (NYSE: TKR; www.timken.com) today reported sales of $1.1 billion for the first quarter of 2013, a decrease of...
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Apr 19, 2013
The Timken Company (NYSE: TKR; www.timken.com) today awarded scholarships to 38 children of Timken employees at 24 locations in six countries around...
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Apr 15, 2013
Recommends Shareholders Vote AGAINST the Proposal to Spin-Off the Steel Business Highlights Importance of the Company's Proven, Integrated Strategy...
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Apr 12, 2013Based in Princeton, W.Va., newest addition provides motor services in 7 states
The Timken Company (NYSE: TKR; www.timken.com) continues to expand its industrial services capabilities, announcing today that the company has...
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Apr 10, 2013
The Timken Company (NYSE: TKR; www.timken.com) announced today the completion of three previously announced capital investment projects totaling $85...
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Apr 10, 2013
The Timken Company (NYSE: TKR; www.timken.com) will release its 2013 first-quarter financial results on Wednesday, April 24, 2013, prior to...
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Apr 2, 2013Recommends Shareholders Reject Proposal To Spin-Off the Steel Business
The Timken Company (NYSE: TKR; www.timken.com) today announced that it sent a letter urging shareholders to support the company's proven strategy of...
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Apr 1, 2013Files Investor Presentation Highlighting Proposal's Flaws and Articulating How the Timken Plan is the Best Path to Drive Shareholder Value
The Timken Company (NYSE: TKR; www.timken.com) today announced that it filed an updated investor presentation with the Securities and Exchange...
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Mar 13, 2013Plymouth, U.K.-based business provides automated lubrication delivery systems and services
The Timken Company (NYSE: TKR; www.timken.com) today announced its acquisition of Interlube Systems Ltd., which makes and markets automated...
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Mar 6, 2013
The Timken Company (NYSE: TKR; www.timken.com) has earned a position on Ethisphere Institute's World's Most Ethical Companies list for the third time...
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Feb 8, 2013Timken directors declare quarterly cash payout of 23 cents per share
The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 23 cents per share. The dividend is...
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Jan 24, 2013-- Fourth quarter earnings per share were $0.78 on sales of $1.1 billion;
The Timken Company (NYSE: TKR; www.timken.com) today reported sales of $5.0 billion for 2012, a decrease of 4 percent from the prior year....
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Jan 10, 2013
The Timken Company (NYSE: TKR; www.timken.com) will release its 2012 fourth-quarter and full-year financial results on Thursday, Jan. 24,...
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Jan 2, 2013Denver-based business provides electrical and mechanical solutions
The Timken Company (NYSE: TKR; www.timken.com) today announced its acquisition of the assets of Wazee Companies, LLC, a regional leader providing...
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Nov 28, 2012
The Timken Company (NYSE: TKR; www.timken.com) commented on the Schedule 13D filed today by California State Teachers' Retirement System...
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Nov 16, 2012Timken directors declare quarterly cash payout of 23 cents per share
The Timken Company (NYSE: TKR; www.timken.com) board of directors today declared a quarterly cash dividend of 23 cents per share. The...
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Nov 9, 2012
The Timken Company (NYSE: TKR; www.timken.com) has received notification of an unsolicited mini-tender offer by TRC Capital Corporation (TRC Capital) to...
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Oct 25, 2012
The Timken Company (NYSE: TKR) today reported sales of $1.1 billion in the third quarter of 2012, a decrease of 14 percent from the same period a...
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Oct 11, 2012
The Timken Company (NYSE: TKR) will release its 2012 third-quarter financial results on Thursday, Oct. 25, 2012, prior to the opening of the...
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Aug 28, 2012
Executives from The Timken Company (NYSE: TKR) will present at the Bank of America Merrill Lynch Industrials & Materials Investor Conference on Sept. 6,...
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Aug 28, 2012Leong Fang Announces Retirement After 28-Year Career
The Timken Company (NYSE: TKR) announced the appointment of Peter M. Sproson to the position of president for the company's China business, succeeding...
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Aug 28, 2012
The Timken Company (NYSE: TKR) has appointed Philip D. Fracassa to senior vice president of planning and development. In this position, Fracassa...
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Aug 28, 2012
The Timken Company (NYSE: TKR) announced the appointment of Ajay Das to the position of vice president – quality advancement. In his new role, Das...
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Aug 28, 2012
The Timken Company (NYSE: TKR) today announced the appointment of four new leaders within its Bearings and Power Transmission group, reporting to...