Press Releases
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Dec 31, 2010
The Timken Company (NYSE: TKR) today announced that its wholly owned subsidiary, TSB Metal Recycling LLC, has purchased substantially all of the assets...
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Dec 24, 2010
Timken India Limited, a subsidiary of The Timken Company (NYSE: TKR) today announced that it will invest the amount of Rs. 360 Million, equivalent...
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Dec 8, 2010
The Timken Company (NYSE: TKR) has named Russell F. Folger as vice president – quality advancement. He assumes the leadership role formerly...
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Dec 2, 2010
The Timken Company (NYSE: TKR) is scheduled to be among presenters at the Bank of America Merrill Lynch Global Industries Investor Conference...
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Dec 1, 2010
(NYSE: TKR): On Oct. 15, 2010, Switzerland's Gotthard base tunnel became a reality. At 2:17 p.m. Geneva Time that day, a boring machine in the east...
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Nov 19, 2010Company to announce quarterly results April 27
The Timken Company (NYSE: TKR) today announced estimated 2006 first quarter earnings per diluted share of approximately $0.70, up from $0.63 per...
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Nov 19, 2010
COLMAR, France, May 10, 2006 /PRNewswire via COMTEX News Network/ -- The Timken Company (NYSE: TKR) recently signed a five-year contract to supply RWE Power AG in Essen, Germany, with...
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Nov 11, 2010
The Timken Company (NYSE: TKR) today announced that Michael C. Arnold, executive vice president and president of the Bearings and Power...
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Nov 10, 2010Extends company's commitment to safety and support for troops
In keeping with its rich tradition of supporting the communities in which it does business, The Timken Company (NYSE: TKR) today announced that it will...
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Nov 9, 2010
Following its third-quarter earnings release highlighting the Company's continued strong financial performance, the board of directors of The...
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Nov 2, 2010Customer Initiatives Drive Timken 2011 Aftermarket Strategy Category
With improving conditions in the automotive aftermarket, The Timken Company (NYSE: TKR) is rolling out a pair of initiatives intended to foster growth...
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Nov 2, 2010
NOTE: The Timken Company is issuing this news on behalf of the World Bearing Association (WBA): In the last two decades, counterfeiting in general has...
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Oct 28, 2010Third-quarter sales up 39% as global demand strengthens
CANTON, Ohio: October 28, 2010 — The Timken Company (NYSE: TKR) today reported sales of $1.1 billion in the third quarter of 2010, an increase of 39 percent over the same period a year ago....
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Oct 27, 2010
CANTON, Ohio: October 27, 2010 — In anticipation of Automotive Aftermarket Week and Automotive Aftermarket Product Expo (AAPEX) held in Las Vegas, Nevada the week of November 1st, The Timken...
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Oct 21, 2010
CANTON, Ohio: Oct. 21, 2010 — The Timken Company (NYSE:TKR) today announced it will increase base prices on all special bar quality (SBQ) products by $30 per ton. These price increases are...
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Oct 14, 2010
CANTON, Ohio: Oct. 14, 2010 - The Timken Company (NYSE:TKR) will release its 2010 third-quarter financial results on Thursday, Oct. 28, 2010, prior to the opening of the New York Stock Exchange....
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Oct 13, 2010
CANTON, Ohio: October 13, 2010 — The Timken Company’s Aerospace Aftermarket Solutions business, based in Mesa, Ariz., offers a full range of maintenance, repair and overhaul (MRO) services...
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Sep 21, 2010Addition brings spherical steel housed units and elastomeric couplings for demanding industrial applications to Timken’s product lineup
CANTON, Ohio: Sept. 21, 2010 — The Timken Company (NYSE: TKR) today announced it has completed the acquisition of QM Bearings and Power Transmission, Incorporated, based in Ferndale,...
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Sep 14, 2010
CANTON, Ohio: Sept. 14, 2010 — The Timken Company (NYSE: TKR) has launched a new line of precision cylindrical roller bearings designed to maximize speed, precision and efficiency in...
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Sep 2, 2010
CANTON, Ohio: September 2, 2010 – The Timken Company (NYSE: TKR) is scheduled to be among presenters at the Longbow Industrial Manufacturing and Technology Investor Conference on September...
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Sep 2, 2010
CANTON, Ohio: Sept. 2, 2010 — In May of 2009, when the future of the Hubble space telescope was hinging on delicate repairs performed by NASA astronauts using ATK's Mini Power Tool, ATK...
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Aug 30, 2010
CANTON, Ohio: August 30, 2010 — The Timken Company (NYSE: TKR) today announced it will increase prices on cold-drawn carbon and alloy seamless mechanical tubing by up to 30 percent,...
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Aug 26, 2010
CANTON, Ohio: Aug. 26, 2010 — Consistent with its strategy to serve growth throughout Asia, The Timken Company (NYSE:TKR) has opened a new office in Jakarta, Indonesia. Affiliated with the...
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Aug 12, 2010
CANTON, Ohio: August 12, 2010 — The Timken Company (NYSE: TKR) announced that it will invest approximately $50 million in its steel operations in Canton, Ohio. Slated to begin this year, the...
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Aug 5, 2010
CANTON, Ohio: Aug. 5, 2010 — Following an announcement by the U.S. Department of Commerce, The Timken Company (NYSE: TKR) confirmed that Chairman Ward J. "Tim" Timken, Jr., has been...
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Aug 3, 2010
CANTON, Ohio – Aug. 3, 2010 – The board of directors of The Timken Company (NYSE: TKR) today declared a quarterly cash dividend of 13 cents per share. The dividend is payable on...
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Jul 29, 2010Second-quarter sales up 37 percent over last year
CANTON, Ohio: July 29, 2010 — The Timken Company (NYSE: TKR) today reported sales of $1.0 billion in the second quarter of 2010, an increase of 37 percent over the same period a year ago....
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Jul 28, 2010Timken to provide engineering, advanced bearings, condition monitoring and services for Goldwind platforms in China with broader, global opportunity
CANTON, Ohio: July 28, 2010 — The Timken Company (NYSE: TKR) has received a contract worth US$26 million to supply wind turbine products and services to China's Xinjiang Goldwind Science &...
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Jul 27, 2010
CANTON, Ohio: July 27, 2010 – The Timken Company (NYSE: TKR) is among those scheduled to present at the Jefferies 6th Annual Global Industrial and A&D Investor Conference on August 10, 2010,...
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Jul 22, 2010
CANTON, Ohio: July 22, 2010 — The Timken Company (NYSE:TKR) today announced it will increase base prices on all special bar quality (SBQ) products by $40 per ton. These price increases are...
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Jul 19, 2010QM will add spherical steel housed units and couplings to Timken’s product lineup
CANTON, Ohio: July 19, 2010 —The Timken Company (NYSE: TKR) today announced it has agreed to acquire the business of QM Bearings and Power Transmission, Incorporated, based in Ferndale,...
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Jul 15, 2010
CANTON, Ohio: July 15, 2010 - The Timken Company (NYSE:TKR) will release its financial results for the second quarter of this year on Thursday, July 29, 2010, prior to the opening of the New York...
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Jul 12, 2010New product offering resists wear, improves stability
CANTON, Ohio: July 12, 2010 — The Timken Company (NYSE: TKR) has enhanced its line of precision bearings for high-speed dental hand-pieces, now offering a broader selection of options and...
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Jul 1, 2010Timken is serving the world’s top wind turbine manufacturers with expanded capacity in America, Europe and China
CANTON, Ohio: July 1, 2010 — The Timken Company (NYSE: TKR) said its Timken-XEMC Joint Venture in Xiangtan, Hunan province, China, recently began delivering its initial production of...
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Jun 29, 2010
CANTON, Ohio: June 29, 2010 – The Timken Company Education Fund has awarded $310,000 in scholarships to 38 college-bound students, all children of Timken associates upon application from...
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Jun 10, 2010
CANTON, Ohio: June 10, 2010 – The Timken Company (NYSE: TKR) is among those scheduled to present at the Deutsche Bank Industrials Investor Conference on June 24, 2010, at 12:00 p.m. Central...
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May 26, 2010
CANTON, Ohio: June 10, 2010 – The Timken Company (NYSE: TKR) is among those scheduled to present at the Deutsche Bank Industrials Investor Conference on June 24, 2010, at 12:00 p.m. Central...
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May 25, 2010Company introduces record number of new products for wind industry
CANTON, Ohio: May 25, 2010 — Leveraging organic investments sustained during the recession to expand both its wind power offering and capacity domestically and internationally, The Timken...
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May 11, 2010
CANTON, Ohio: May 11, 2010 — On the heels of a first-quarter report highlighting stronger financial performance and an improved outlook, the board of directors of The Timken Company (NYSE:...
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Apr 29, 2010Mobile market demand leads volume improvement
CANTON, Ohio: April 29, 2010 — The Timken Company (NYSE: TKR) today reported sales of $913.7 million during the first quarter of 2010, an increase of 5 percent over the same period a year...
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Apr 15, 2010
CANTON, Ohio: April 15, 2010 - The Timken Company (NYSE:TKR) will release its 2010 first-quarter financial results on Thursday, April 29, 2010, prior to the opening of the New York Stock Exchange....
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Mar 26, 2010
CANTON, Ohio: March 26, 2010 — The Timken Company (NYSE:TKR) today announced it will increase base prices on hot-rolled special bar quality (SBQ) products by $30 per ton and cold-finished...
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Mar 24, 2010
CANTON, Ohio, USA: March 24-25, 2010 —The Timken Company (NYSE: TKR) has been recognized as one of the World’s Most Ethical Companies for 2010 by the Ethisphere Institute, an international...
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Feb 22, 2010Company to provide emergency supply of nose gearboxes
CANTON, Ohio: Feb. 22, 2010 —The Timken Company’s (NYSE:TKR) Aerospace and Defense business has received an order to provide an emergency supply of left-hand engine nose gearboxes for...
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Feb 22, 2010
CANTON, Ohio — February 22, 2010 — The Timken Company (NYSE: TKR) is introducing a new line of Type E tapered roller bearing housed units that set a new performance standard for...
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Feb 22, 2010
CANTON, Ohio: Feb. 22, 2010 — Over the past few years, The Timken Company’s (NYSE:TKR) Aerospace and Defense business has been steadily increasing its offering of FAA-approved replacement...
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Feb 22, 2010
CANTON, Ohio: Feb. 22, 2010 — As the aerospace industry continues to make its way through a difficult economic cycle, The Timken Company’s Aerospace and Defense business announced plans to...
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Feb 15, 2010
CANTON, Ohio: Feb. 15, 2010 – The Timken Company (NYSE: TKR) is among those scheduled to present at the ISI Industrial Investor Conference on March 2, 2010, at 9:40 a.m. Eastern Time in New...
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Feb 9, 2010
CANTON, Ohio – Feb. 9, 2010 – The Timken Company (NYSE: TKR) board of directors today declared a quarterly cash dividend of 9 cents per share. The dividend is payable on Mar. 2, 2010,...
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Feb 2, 2010Strong execution delivers record free cash flow
CANTON, Ohio: Feb. 2, 2010 — The Timken Company (NYSE: TKR) today reported sales of $3.1 billion for 2009, a decrease of 38 percent from a year ago. The sales comparison, which excludes for...