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The Timken Company, a world leader in engineered bearings and power transmission products, today reported fourth-quarter 2019 sales of $896.2 million, down 1.5 percent from the same period a year ago. The decline was driven by lower demand mainly in the Mobile Industries segment and unfavorable currency, partially offset by the favorable impact of acquisitions and positive pricing.
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News Archives from The Timken Company
CANTON, Ohio--(BUSINESS WIRE)--Nov. 28, 2007--The Timken Company (NYSE:TKR) announced today that its custom-engineered thrust bearing has equipped a subsidiary of Lufkin Industries Inc. to outfit...
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Bogus Bearings Look More Real Than the Real Ones
For companies like SKF and Timken, bogus bearings do more than tarnish their reputation or represent an economic loss to customers. There’s a genuine safety issue at hand. “Many of our bearings in automotive applications are safety-critical and any premature failure could therefore have serious implications,” says Colin Roberts, Group Technical Press Officer for SKF. Though the companies ...