Timken Company articles & resources on Made-in-China.com

Timken Reported Thursday Third-Quarter 2013 Sales of $1.1 Billion, a 7 Percent Decrease

Oct 28, 2013

Canton, Ohio-based The Timken Company reported Thursday third-quarter 2013 sales of $1.1 billion, a 7 percent decrease compared with the same period a year ago, primarily due to weaker demand from the company's broad end markets, partially ...

Tags: Steel Segment, economic growth

Canton Continued Expansion of Its Industrial Services Capabilities

May 15, 2013

Canton, Ohio-based The Timken Company announced Monday the continued expansion of its industrial services capabilities with the acquisition of the Standard Machine business based in Saskatoon, Saskatchewan, Canada. Standard Machine provides ...

Tags: Timken Company, Standard Machine

Shareholders Re-Elected All 12 Members of The Board of Directors to New One-Year Terms

May 9, 2013

During The Timken Company's 109th annual meeting of shareholders on Tuesday in Canton, Ohio, shareholders voted in support of the non-binding shareholder proposal to spin off the company's steel business with approximately 47 percent of the ...

Tags: Timken Shareholders, Split Steel

Timken Company's Sale Declined in The First Quarter

Apr 26, 2013

Canton, Ohio-based The Timken Company reported Wednesday sales of $1.1 billion for Q1 2013, down 23 percent year-on-year. The decline reflects lower demand across most of the company's end markets led by oil and gas, industrial distribution ...

Tags: Metallurgy, Mineral, Energy

Timken Company Has Acquired The Assets of Smith Services Inc. Smith Service

Apr 19, 2013

Reportedly Timken Company, high-performance steel and bearing manufacturer in the United States, has acquired the assets of Smith Services Inc. Smith Service mainly deal with repairs and rewinds for electric motors and its generated ...

Tags: steel, Metallurgy, Mineral, Energy

Timken Sent Another Letter to Its Shareholders to Vote Against The Steel Business Spin-off

Apr 18, 2013

On Monday, The Timken Company announced that it sent another letter to its shareholders, urging them to support the company's proven strategy to create shareholder value and vote against Proxy Statement Item No. 6, the shareholder proposal ...

Tags: Timken, Shareholders

Timken Company Invests to Build an Open-Die in Line Forge Press

Apr 12, 2013

Timken Company, a world leading industrial technology engineering company has planned to invest to build an open-die in line forge press along with intermediate finishing line and second induction thermal treatment line in Canton, Ohio for ...

Tags: Timken, Steel Plants

Timken Announced The Completion of Three Capital Investment Projects Totaling $85 Million

Apr 12, 2013

Canton, Ohio-based The Timken Company announced Wednesday the completion of three previously announced capital investment projects totaling $85 million. The Steel business investments include an open-die in-line forge press at the Faircrest ...

Tags: steel, Metallurgy, Mineral, Energy

Timken Keeps Persuading Shareholders to Reject Calstrs Proposal

Apr 2, 2013

On Monday, Canton, Ohio-based The Timken Company announced that it filed an updated investor presentation with the Securities and Exchange Commission highlighting the flaws in the analysis behind the shareholder proposal from The California ...

Tags: Timken, Shareholders, Calstrs Proposal

Timken Company Announced Wednesday Its Acquisition of Interlube Systems Ltd.

Mar 14, 2013

The Canton, Ohio-based Timken Company announced Wednesday its acquisition of Interlube Systems Ltd., which makes and markets automated lubrication delivery systems and related components to end market sectors including commercial vehicles, ...

Tags: Metallurgy, Mineral, Energy

Relational Investors Announces Collectively Owners of 7.31 Percent of The Timken Company

Feb 21, 2013

On Tuesday, Relational Investors LLC announced that Relational and the California State Teachers Retirement System (CalSTRS), collectively owners of 7.31 percent of The Timken Company, sent a joint letter to the Board of Directors of Timken ...

Tags: steel business, steel, bearings

The Timken Company Expects Mobile Industries' Sales to Be Down 5 to 10 Percent in 2013

Jan 28, 2013

Canton, Ohio-based The Timken Company reported Thursday that sales in Q4 2012 of $1.1 billion were down 15 percent from the same period in 2011 due to lower demand in the company's light vehicle, heavy truck, mining and energy-related end ...

Tags: Timken, 2013 Sales, Q4

Timken Company Acquisition of The Assets of Wazee Companies, LCC

Jan 6, 2013

Canton, Ohio-based Timken Company announced Wednesday its acquisition of the assets of Wazee Companies, LCC, a regional provider of motor, generator, wind and industrial crane services to diverse end markets including oil and gas, wind, ...

Tags: Canton, acquisition, Wazee Companies, motor, generator, wind

Timken Company Announced an Average Increase of 10 Percent in Calculated Load Ratings

Feb 23, 2012

The Timken Company (NYSE: TKR) today announced an average increase of 10 percent in calculated load ratings for Timken® tapered roller bearings used in a wide variety of mobile and industrial equipment. With advanced technology ...

Tags: Market View, Tapered Roller Bearing

Couplers Distributor BMG Will Add Bearing Units

Nov 5, 2011

South African bearings and couplers distributor Bearing Man Group (BMG) will add housed bearing units to its product offering, following the acquisition of bearing solutions company QM Bearings by industrial movement technology manufacturer ...

Tags: Market View, Bearings

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