Timken Co (N:TKR)

Business Focus: Industrial Machinery & Equipment

Nov 12, 2019 09:45 am ET
Timken Declares Quarterly Dividend of 28 Cents Per Share
NORTH CANTON, Ohio, Nov. 12, 2019 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 28 cents per share. The dividend is payable on Dec. 4, 2019, to shareholders of record as of Nov. 22, 2019....
Nov 04, 2019 06:00 am ET
Timken Issues CSR Report, Demonstrating Commitment to Move the World Forward, for Good
NORTH CANTON, Ohio, Nov. 4, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, published its corporate social responsibility (CSR) report, sharing where the company stands on its efforts to move the world forward, for good. ...
Nov 01, 2019 09:45 am ET
Timken Completes Acquisition of BEKA Lubrication
NORTH CANTON, Ohio, Nov. 1, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and power transmission products, has completed its previously announced acquisition of BEKA Lubrication (BEKA), a leading global supplier of automatic lubrication systems, for approximately $165 million....
Oct 30, 2019 04:45 pm ET
Timken Reports Strong Third-Quarter 2019 Results; Updates Full-Year Outlook
NORTH CANTON, Ohio, Oct. 30, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported third-quarter 2019 sales of $914 million, up 3.7 percent from the same period a year ago. The increase was primarily driven by the benefit of acquisitions, partially offset by lower organic revenue mainly in Mobile Industries, and unfavorable foreign currency translation....
Oct 23, 2019 08:00 am ET
Timken to Participate in The Baird Global Industrial Conference
NORTH CANTON, Ohio, Oct. 23, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, announced it will participate in the Baird Global Industrial Conference on Nov. 6, 2019 in Chicago. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared at the conference will be available online at http://investors.timken.com....
Oct 11, 2019 08:00 am ET
Timken Schedules Third-Quarter 2019 Earnings Release and Conference Call
NORTH CANTON, Ohio, Oct. 11, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release third-quarter 2019 financial results on Wednesday, Oct. 30, after the closing of the New York Stock Exchange. The company will host a conference call the following day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Sep 16, 2019 06:51 am ET
Timken to Acquire BEKA Lubrication, Expanding Its Global Leadership in Automatic Lubrication Systems
NORTH CANTON, Ohio, Sept. 16, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has reached an agreement to acquire BEKA Lubrication (BEKA), a leading global supplier of automatic lubrication systems, for approximately $165 million. The company serves a diverse range of industrial sectors including wind, food and beverage, rail, on- and off-highway and other process industries. BEKA sales are expected to be around $135 million for the full year 2019. ...
Aug 09, 2019 01:00 pm ET
Timken to Participate in Longbow Research Investors Conference
NORTH CANTON, Ohio, Aug. 9, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced it will participate in the Longbow Research Investors Conference on Aug. 21, 2019 in New York City. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared at the conference will be available online at http://investors.timken.com....
Aug 09, 2019 10:00 am ET
Timken Declares Quarterly Dividend of 28 Cents Per Share
NORTH CANTON, Ohio, Aug. 9, 2019 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 28 cents per share. The dividend is payable on Sept. 4, 2019, to shareholders of record as of Aug. 21, 2019....
Jul 31, 2019 06:51 am ET
Timken Reports Strong Second-Quarter 2019 Results; Updates Full-Year Outlook
NORTH CANTON, Ohio, July 31, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported second-quarter 2019 sales of $1 billion, up 10.3 percent from the same period a year ago. The increase was primarily driven by the benefit of acquisitions and organic growth in the Process Industries segment, partially offset by unfavorable foreign currency translation....
Jul 24, 2019 08:00 am ET
Timken to Participate in Jefferies 2019 Global Industrials Conference
NORTH CANTON, Ohio, July 24, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced it will participate in the Jefferies 2019 Global Industrials Conference on August 7, 2019 in New York. Participating on behalf of Timken will be Richard G. Kyle, Timken president and chief executive officer. Materials shared at the conference will be available online at http://investors.timken.com....
Jul 10, 2019 08:00 am ET
Timken to Announce Second-Quarter 2019 Financial Results July 31
NORTH CANTON, Ohio, July 10, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release second-quarter 2019 financial results on Wednesday, July 31, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
May 21, 2019 08:00 am ET
Timken to Participate in KeyBanc Capital Markets Industrials & Basic Materials Conference
NORTH CANTON, Ohio, May 21, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced it will participate in the KeyBanc Capital Markets Industrials & Basic Materials Conference on May 29, 2019 in Boston. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared at the conference will be available online at http://investors.timken.com....
May 10, 2019 09:30 am ET
Timken Declares Quarterly Dividend of 28 Cents Per Share
NORTH CANTON, Ohio, May 10, 2019 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 28 cents per share. The dividend is payable on June 4, 2019, to shareholders of record as of May 22, 2019....
May 03, 2019 08:00 am ET
Timken to Participate in Goldman Sachs Industrials & Materials Conference
NORTH CANTON, Ohio, May 3, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced it will participate in the Goldman Sachs Industrials & Materials Conference on May 16, 2019 in New York. Participating on behalf of Timken will be Richard G. Kyle, Timken president and chief executive officer. Materials shared at the conference will be available online at http://investors.timken.com....
May 01, 2019 06:51 am ET
Timken Reports Record First-Quarter 2019 Results; Raises Full-Year Earnings Outlook
NORTH CANTON, Ohio, May 1, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported first-quarter 2019 sales of $979.7 million, up 10.9 percent from the same period a year ago. The increase was primarily driven by organic growth in the Process Industries segment and the benefit of acquisitions, partially offset by unfavorable foreign currency translation....
Apr 15, 2019 07:30 am ET
New Research: Key Drivers of Growth for FedEx, Clearside Biomedical, Aaron's, Lumber Liquidators, Timken, and Novanta — Factors of Influence, Major Initiatives and Sustained Production
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of FedEx Corporation (NYSE:FDX), Clearside Biomedical, Inc. (NASDAQ:CLSD),...
Apr 10, 2019 08:00 am ET
Timken to Announce First-Quarter 2019 Financial Results on May 1
NORTH CANTON, Ohio, April 10, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its first-quarter 2019 financial results on Wednesday, May 1, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Apr 01, 2019 06:50 am ET
Timken Acquires The Diamond Chain Company, Expanding Its Leadership in Engineered Industrial Chain
NORTH CANTON, Ohio, April 1, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired The Diamond Chain Company from Amsted Industries. Diamond Chain is a leading supplier of high-performance roller chains for industrial markets. The company serves a diverse range of sectors, including industrial distribution, material handling, food and beverage, agriculture, construction and other process industries. For the 12 months ended March 31, 2019, Diamond Chain posted sales of over $60 million. ...
Mar 18, 2019 02:00 pm ET
Two Timken Plants Earn Safety Awards from South Carolina Manufacturers Alliance
NORTH CANTON, Ohio, March 18, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, is celebrating safety in South Carolina. The South Carolina Manufacturers Association last week honored Timken's Gaffney and Honea Path plants as 2018 Plant Safety Award winners at its annual Safety Summit in Spartanburg, S.C. ...
Mar 12, 2019 08:00 am ET
Timken to Participate in Bank of America Merrill Lynch Global Industrials Conference
NORTH CANTON, Ohio, March 12, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will present at the Bank of America Merrill Lynch Global Industrials Conference on March 19, 2019, at 2:50 p.m. in London (10:50 a.m. Eastern Daylight Time)....
Feb 26, 2019 06:00 am ET
Timken Named One of the World's Most Ethical Companies® by Ethisphere for the 9th Time
NORTH CANTON, Ohio, Feb. 26, 2019 /PRNewswire/ -- For the ninth time, the Timken Company (NYSE: TKR; www.timken.com) a world leader in engineered bearings and power transmission products, has been recognized as one of the World's Most Ethical Companies. Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, unveiled the 2019 list today. ...
Feb 20, 2019 08:31 am ET
Timken 2019 Scholarship Winners Vow to Make an Impact Around the World
NORTH CANTON, Ohio, Feb. 20, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping to fulfill the dreams of a future pharmaceutical developer, an aspiring criminology professor and 15 other high school scholars with big ambitions of their own. Today from its World Headquarters in North Canton, Timken presented college scholarships—valued at $540,000 over a four-year period—to 17 children of Timken associates from six countries. Since launching the annual program in 1958, The Timken Company Charitable and Educational Fund has awarded more than $24 million in schol...
Feb 20, 2019 07:25 am ET
Analysis: Positioning to Benefit within Jacobs Engineering Group, Ares Capital, CytomX Therapeutics, FuelCell Energy, Timken, and Farmland Partners — Research Highlights Growth, Revenue, and Consolida
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Jacobs Engineering Group Inc. (NYSE:JEC), Ares Capital Corporation...
Feb 19, 2019 07:00 am ET
Timken to Participate in Evercore ISI Annual Industrial Conference
NORTH CANTON, Ohio, Feb. 19, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced that it will participate in the Evercore ISI Annual Industrial Conference on March 5, 2019 in New York. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared at the conference will be available online at http://investors.timken.com....
Feb 07, 2019 05:51 am ET
Timken Reports Strong Fourth-Quarter and Full-Year 2018 Results; Expects Continued Growth in 2019
NORTH CANTON, Ohio, Feb. 7, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported fourth-quarter 2018 sales of $910.1 million, up 17 percent from the same period a year ago. The increase was driven by continued growth across most end markets, as well as the favorable impact of acquisitions and pricing, partially offset by unfavorable currency....
Feb 06, 2019 10:00 am ET
Timken Declares Quarterly Dividend of 28 Cents Per Share
NORTH CANTON, Ohio, Feb. 6, 2019 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 28 cents per share. The dividend is payable on March 4, 2019, to shareholders of record as of Feb. 20, 2019....
Jan 10, 2019 07:00 am ET
Timken to Announce Fourth-Quarter and Full-Year 2018 Financial Results on Feb. 7
NORTH CANTON, Ohio, Jan. 10, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its 2018 fourth-quarter and full-year financial results on Thursday, Feb. 7, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Nov 20, 2018 07:45 am ET
Consolidated Research: 2018 Summary Expectations for Timken, Kingsway Financial Services, The Cooper Companies, Westell Technologies, TESSCO Technologies, and Wyndham Hotels & Resorts — Fundamental An
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Timken Company (NYSE:TKR), Kingsway Financial Services, Inc. (NYSE:KFS),...
Nov 09, 2018 09:30 am ET
Timken Declares Quarterly Dividend of 28 Cents Per Share
NORTH CANTON, Ohio, Nov. 9, 2018 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 28 cents per share. The dividend is payable on Dec. 4, 2018, to shareholders of record as of Nov. 20, 2018....
Oct 29, 2018 04:30 pm ET
Timken Reports Strong Third-Quarter 2018 Results; Raises Full-Year Earnings Outlook
NORTH CANTON, Ohio, Oct. 29, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported third-quarter 2018 sales of $881.3 million, up 14.2 percent from the same period a year ago. The increase was driven by continued growth across most end markets, as well as the favorable impact of pricing and acquisitions, partially offset by unfavorable currency....
Oct 23, 2018 04:30 pm ET
Timken to Participate in Baird Global Industrial Conference
NORTH CANTON, Ohio, Oct. 23, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced that it will participate in the Baird Global Industrial Conference on Nov. 6, 2018, in Chicago. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared at the conference will be available online at http://investors.timken.com....
Oct 12, 2018 04:30 pm ET
Timken Schedules Third-Quarter 2018 Earnings Release and Conference Call
NORTH CANTON, Ohio, Oct. 12, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its third-quarter 2018 financial results on Monday, Oct. 29, after the closing of the New York Stock Exchange. The company will host a conference call at 9:00 a.m. Eastern Time on Tuesday, Oct. 30 to discuss its financial results with investors and securities analysts. The release and related materials will be available online at http://investors.timken.com....
Sep 18, 2018 05:00 pm ET
Timken Completes Acquisition of Rollon Group
NORTH CANTON, Ohio, Sept. 18, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and power transmission products, today announced that it has completed the previously announced acquisition of Rollon Group, a leader in engineered linear motion products. Rollon specializes in the design and manufacture of engineered linear guides, telescopic rails and linear actuators used in a wide range of industries such as passenger rail, aerospace, packaging and logistics, medical and automation....
Sep 04, 2018 06:51 am ET
Timken Completes Acquisition of Cone Drive
NORTH CANTON, Ohio, Sept. 4, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and power transmission products, today announced that on Sept. 1, 2018 it completed the previously announced acquisition of Cone Drive, a leader in precision drives used in diverse markets including solar, automation, aerial platforms, and food and beverage....
Aug 23, 2018 07:15 am ET
Timken to Participate in Vertical Research Partners 2018 Industrials Conference
NORTH CANTON, Ohio, Aug. 23, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced that it will participate in the Vertical Research Partners 2018 Industrials Conference on Sept. 5, 2018, in Westbrook, Conn. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared at the conference will be available online at http://investors.timken.com....
Aug 22, 2018 04:00 pm ET
Timken Prices Public Offering of $400 Million Senior Unsecured Notes Due in 2028
NORTH CANTON, Ohio, Aug. 22, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, today announced that it has priced a public offering of $400 million of 4.500% Senior Notes due 2028 (the "Notes") in an underwritten public offering. The offering is expected to close on or about September 6, 2018, subject to the satisfaction of customary closing conditions.   ...
Aug 07, 2018 10:10 am ET
Timken Declares Quarterly Dividend of 28 Cents Per Share
NORTH CANTON, Ohio, Aug. 7, 2018 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 28 cents per share. The dividend is payable on Sept. 5, 2018, to shareholders of record as of Aug. 17, 2018....
Aug 01, 2018 02:00 pm ET
Timken to Participate in Jefferies 2018 Global Industrials Conference
NORTH CANTON, Ohio, Aug. 1, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced that it will participate in the Jefferies 2018 Global Industrials Conference on Aug. 8, 2018, in New York City. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared at the conference will be available online at http://investors.timken.com....
Jul 31, 2018 06:51 am ET
Timken Reports Strong Second-Quarter 2018 Results; Raises Full-Year Outlook
NORTH CANTON, Ohio, July 31, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported second-quarter 2018 sales of $906.3 million, up approximately 21 percent from the same period a year ago. The increase was driven by continued strength across most end markets, as well as the benefit of acquisitions and currency. ...
Jul 27, 2018 03:00 am ET
Timken to Expand Portfolio With Acquisition of Rollon, a Leader in Linear Motion
NORTH CANTON, Ohio, July 27, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has reached an agreement with pan-European firm Chequers Capital and IGI Private Equity to acquire Rollon Group. A leader in engineered linear motion products, Rollon specializes in the design and manufacture of linear guides, telescopic rails and linear actuators used in a wide range of industries such as passenger rail, aerospace, packaging and logistics, medical and automation. Rollon sales are expected to be about $140 million for the fu...
Jul 24, 2018 06:51 am ET
Timken to Acquire Cone Drive, a Leader in Precision Drives Serving Attractive Markets
NORTH CANTON, Ohio, July 24, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, today announced that it has reached an agreement to acquire Cone Drive, a leader in precision drives used in diverse markets including solar, automation, aerial platforms, and food and beverage. Cone Drive sales are expected to be slightly above $100 million for the full year 2018.  ...
Jul 11, 2018 12:30 pm ET
Timken to Announce Second-Quarter 2018 Financial Results on July 31
NORTH CANTON, Ohio, July 11, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its second-quarter 2018 financial results on Tuesday, July 31, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Jun 28, 2018 07:55 am ET
Report: Exploring Fundamental Drivers Behind MSC Industrial Direct, Timken, CoreLogic, Genesco, MoneyGram International, and RingCentral — New Horizons, Emerging Trends, and Upcoming Developments
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of MSC Industrial Direct Company, Inc. (NYSE:MSM), Timken Company (NYSE:TKR),...
May 23, 2018 04:00 pm ET
Timken to Participate in KeyBanc Capital Markets' Industrials and Basic Materials Conference
NORTH CANTON, Ohio, May 23, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today announced that it will participate in the KeyBanc Capital Markets' Industrials and Basic Materials Conference on May 30, 2018, in Boston, Mass. Participating on behalf of Timken will be Richard G. Kyle, president and chief executive officer. Materials shared at the conference will be available online at http://investors.timken.com....
May 15, 2018 07:45 am ET
Recent Analysis Shows Paycom Software, American Renal Associates, Knowles, Timken, Nevro, and Unisys Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Paycom Software, Inc. (NYSE:PAYC), American Renal Associates Holdings, Inc...
May 08, 2018 09:20 am ET
Timken Increases Dividend
NORTH CANTON, Ohio, May 8, 2018 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today approved a 4 percent increase to the company's quarterly cash dividend, raising it to 28 cents per share. The dividend is payable on June 4, 2018, to shareholders of record as of May 18, 2018....
May 01, 2018 06:51 am ET
Timken Reports Strong First-Quarter 2018 Results; Raises Full-Year Outlook
NORTH CANTON, Ohio, May 1, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today reported first-quarter 2018 sales of $883.1 million, up approximately 25 percent from the same period a year ago. The increase was driven by strong organic growth across most end-market sectors led by industrial distribution and off-highway, as well as the benefit of acquisitions and currency. ...
Apr 09, 2018 12:15 pm ET
Timken to Announce First-Quarter 2018 Financial Results on May 1
NORTH CANTON, Ohio, April 9, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, will release its first-quarter 2018 financial results on Tuesday, May 1, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Mar 19, 2018 05:01 pm ET
Timken Increases Outlook for 2018
NORTH CANTON, Ohio, March 19, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, announced today that it is increasing its sales and earnings outlook for 2018.  ...
Mar 12, 2018 04:02 pm ET
Timken to Participate in Bank of America Merrill Lynch Global Industrials Conference in London
NORTH CANTON, Ohio, March 12, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, will present at the Bank of America Merrill Lynch Global Industrials Conference on March 20, 2018, at 10:35 a.m. in London (6:35 a.m. Eastern Daylight Time)....
Feb 28, 2018 01:00 pm ET
Timken to Participate in Evercore ISI Annual Industrial Conference
NORTH CANTON, Ohio, Feb. 28, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today announced that it will participate in the Evercore ISI Annual Industrial Conference on March 6, 2018, in New York City. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared at the conference will be available online at http://investors.timken.com....
Feb 13, 2018 07:50 am ET
Report: Developing Opportunities within Accuray, Carlisle Companies, Greenhill & Co., Timken, HomeTrust Bancshares, and Inphi — Future Expectations, Projections Moving into 2018
NEW YORK, Feb. 13, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Accuray Incorporated (NASDAQ:ARAY), Carlisle Companies Incorporated...
Feb 12, 2018 03:00 pm ET
Timken Named One of the World's Most Ethical Companies for the Eighth Time
NORTH CANTON, Ohio, Feb. 12, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, has once again been recognized by the Ethisphere Institute as one of the world's most ethical companies....
Feb 09, 2018 10:01 am ET
Timken Declares Quarterly Dividend of 27 Cents Per Share
NORTH CANTON, Ohio, Feb. 9, 2018 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today declared a quarterly cash dividend of 27 cents per share. The dividend is payable on March 2, 2018, to shareholders of record as of Feb. 20, 2018....
Feb 08, 2018 03:00 pm ET
Timken Awards 17 Scholarships to Children of Employees Around the World
NORTH CANTON, Ohio, Feb. 8, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, awarded college scholarships to 17 children of Timken associates in 13 locations around the world today. These scholarships—valued at up to $540,000 over a four-year period—are funded by The Timken Company Charitable and Educational Fund, Inc. Since the program's inception in 1958, it has awarded more than $23 million in scholarships to deserving students....
Feb 07, 2018 08:30 am ET
Timken Company to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 7, 2018 / Timken Company (NYSE: TKR) will be discussing their earnings results in their Q4 Earnings Call to be held on February 7, 2018 at 11:00 AM Eastern Time.
Feb 07, 2018 05:51 am ET
Timken Reports Strong Fourth-Quarter and Full-Year 2017 Results; Expects Continued Growth in 2018
NORTH CANTON, Ohio, Feb. 7, 2018 /PRNewswire/ --  The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today reported fourth-quarter 2017 sales of $778 million, up 18.8 percent from the same period a year ago. The increase was driven by organic growth across most end-market sectors led by off-highway and industrial distribution, as well as the benefit of acquisitions and currency....
Jan 10, 2018 10:45 am ET
Timken to Announce Fourth-Quarter and Full-Year 2017 Financial Results on Feb. 7
NORTH CANTON, Ohio, Jan. 10, 2018 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, will release its 2017 fourth-quarter and full-year financial results on Wednesday, Feb. 7, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Nov 22, 2017 08:15 am ET
Detailed Research: Economic Perspectives on Gartner, Royal Gold, Greenhill & Co., Timken, Tetra Tech, and Liberty Broadband — What Drives Growth in Today's Competitive Landscape
NEW YORK, Nov. 22, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Gartner, Inc. (NYSE:IT), Royal Gold, Inc....
Nov 03, 2017 12:15 pm ET
Timken Declares Quarterly Dividend of 27 Cents Per Share
NORTH CANTON, Ohio, Nov. 3, 2017 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today declared a quarterly cash dividend of 27 cents per share. The dividend is payable on Dec. 1, 2017, to shareholders of record as of Nov. 17, 2017....
Oct 25, 2017 07:51 am ET
Timken Reports Strong Third-Quarter 2017 Results; Raises Full-Year Outlook
NORTH CANTON, Ohio, Oct. 25, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today reported third-quarter 2017 sales of $771.4 million, up 17.3 percent from the same period a year ago. The results reflect higher demand across most end-market sectors led by industrial distribution and off-highway, as well as the benefit of acquisitions and currency. ...
Oct 02, 2017 05:15 pm ET
Timken to Announce Third-Quarter 2017 Financial Results on October 25
NORTH CANTON, Ohio, Oct. 2, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, will release its 2017 third-quarter financial results on Wednesday, Oct. 25, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Aug 08, 2017 11:15 am ET
Timken Declares Quarterly Dividend Of 27 Cents Per Share
NORTH CANTON, Ohio, Aug. 8, 2017 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today declared a quarterly cash dividend of 27 cents per share. The dividend is payable on Sept. 1, 2017, to shareholders of record as of Aug. 22, 2017....
Jul 26, 2017 07:51 am ET
Timken Reports Strong Second-Quarter 2017 Results; Raises Full-Year Outlook
NORTH CANTON, Ohio, July 26, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today reported second-quarter 2017 sales of $750.6 million, up 11.4 percent from the same period a year ago and up 6.6 percent from the first quarter. The year-over-year increase in sales reflects improved demand across industrial end markets led by off-highway and industrial distribution, as well as the benefit of acquisitions, partially offset by continued weakness in rail. ...
Jul 10, 2017 11:00 am ET
Timken to Announce Second-Quarter 2017 Financial Results on July 26
NORTH CANTON, Ohio, July 10, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, will release its 2017 second-quarter financial results on Wednesday, July 26, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Jul 05, 2017 07:50 am ET
Timken to Acquire ABC Bearings Ltd., Further Expanding Its Global Reach
NORTH CANTON, Ohio, July 5, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today announced that its majority-owned subsidiary, Timken India Ltd., has entered into a definitive agreement to acquire ABC Bearings Ltd., a manufacturer of tapered, cylindrical and spherical roller bearings, and slewing rings in India. ...
Jun 27, 2017 05:01 pm ET
Timken to Acquire Groeneveld Group, Enhancing its Lubrication Systems Platform
NORTH CANTON, Ohio, June 27, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and mechanical power transmission products, today announced that it has reached an agreement to acquire Groeneveld Group, a leading provider of automatic lubrication solutions used in on- and off-highway applications, for approximately $280 million. For the 12 months ending May 31, 2017, Groeneveld Group sales were approximately $105 million. The transaction is expected to be accretive to adjusted earnings per share in 2017.  Additionally, Groeneveld Group ...
Jun 09, 2017 01:36 pm ET
Timken Board of Directors Elects Elizabeth A. Harrell, Retired Major General - U.S. Air Force
NORTH CANTON, Ohio, June 9, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) board of directors has elected Elizabeth A. "Ann" Harrell a director of the company, effective August 1, 2017, for a term that expires at its May 2018 annual meeting. The election will bring The Timken Company board to 12 members....
May 25, 2017 05:32 pm ET
Timken to Participate in KeyBanc Capital Markets 2017 Investor Conference
NORTH CANTON, Ohio, May 25, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today announced that it will participate in the KeyBanc Capital Markets 2017 Industrial, Automotive and Transportation Conference in Boston, Mass., on June 1, 2017. Materials shared at the conference will be available online at http://investors.timken.com. ...
May 10, 2017 07:51 am ET
Timken Named One of America's Best Large Employers by Forbes
NORTH CANTON, Ohio, May 10, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, was named one of America's Best Large Employers by Forbes magazine. The list includes 500 companies and nonprofit organizations in 25 industries and honors employers based on an independent survey asking how likely individuals would be to recommend their employer—or other employers in their industry—to someone else. This is the second consecutive year Timken has won the award. ...
May 09, 2017 10:45 am ET
Timken Increases Quarterly Dividend 4% to 27 Cents Per Share
NORTH CANTON, Ohio, May 9, 2017 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today approved a 4% increase to the company's quarterly cash dividend, raising it to 27 cents per share. The dividend is payable on June 1, 2017, to shareholders of record as of May 19, 2017....
May 08, 2017 04:15 pm ET
Jason Rebucci Named President of PT Tech, LLC, a Newly-Acquired Industrial Clutches and Brakes Business
NORTH CANTON, Ohio, May 8, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, announced today that it has named Jason K. Rebucci president of PT Tech, LLC. Timken recently acquired the assets of PT Tech, Inc., adding engineered clutches, brakes, power take-off units and other torque management devices to Timken's growing portfolio of mechanical power transmission products. Rebucci reports to Hans Landin, vice president - mechanical power transmission....
May 05, 2017 09:30 am ET
Timken Acquires PT Tech, Adding Industrial Clutches and Brakes to Its Mechanical Power Transmission Portfolio
NORTH CANTON, Ohio, May 5, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today announced that it has acquired the assets of PT Tech, Inc., a manufacturer of engineered clutches, brakes, hydraulic power take-off units and other torque management devices used in mining, aggregate, wood recycling and metals industries....
May 01, 2017 05:36 pm ET
Timken to Host and Webcast Investor Day on May 19 in New York City
NORTH CANTON, Ohio, May 1, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, will host an Investor Day conference for representatives of the investment community in New York City on Friday, May 19. The conference is scheduled from 12:00pm to 3:30pm ET. ...
Apr 26, 2017 07:51 am ET
Timken Reports First-Quarter 2017 Results; Raises Full-Year Outlook
NORTH CANTON, Ohio, April 26, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today reported first-quarter 2017 sales of $703.8 million, up 2.9 percent from the same period a year ago. The results reflect increased industrial distribution and off-highway demand, as well as the benefit of acquisitions, partially offset by lower rail, wind energy and aerospace shipments. ...
Apr 10, 2017 05:10 pm ET
Timken to Announce First-Quarter 2017 Financial Results on April 26
NORTH CANTON, Ohio, April 10, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, will release its 2017 first-quarter financial results on Wednesday, April 26, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Apr 07, 2017 09:30 am ET
Timken Acquires Torsion Control Products, Broadening Its Couplings Product Line
NORTH CANTON, Ohio, April 7, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today announced that it has acquired Torsion Control Products, Inc., a manufacturer of engineered torsional couplings used in the construction, agriculture and mining industries....
Mar 13, 2017 09:00 am ET
Timken Selected for the Seventh Time as One of the World's Most Ethical Companies
NORTH CANTON, Ohio, March 13, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, has once again been recognized by the Ethisphere Institute as one of the world's most ethical companies....
Mar 07, 2017 04:30 pm ET
Timken to Present at the Bank of America Merrill Lynch Global Industrials & EU Autos Conference
NORTH CANTON, Ohio, March 7, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, will present at the Bank of America Merrill Lynch Global Industrials & EU Autos Conference on March 21, 2017, at 9:55 a.m. EST (1:55 p.m. in London). Presenting on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Presentation materials will be available online at http://investors.timken.com. ...
Feb 10, 2017 11:07 am ET
Timken Declares Quarterly Dividend of 26 Cents Per Share
NORTH CANTON, Ohio, Feb. 10, 2017 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today declared a quarterly cash dividend of 26 cents per share. The dividend is payable on March 3, 2017, to shareholders of record as of Feb. 22, 2017....
Feb 09, 2017 03:09 pm ET
Timken Awards 17 Scholarships To Children of Employees Around the World
NORTH CANTON, Ohio, Feb. 9, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, awarded college scholarships to 17 sons and daughters of Timken associates in 11 locations around the world today. Valued at up to $540,000 over a four-year period, these scholarships are funded by The Timken Company Charitable and Educational Fund, Inc. The program has awarded more than $23 million in scholarships since its inception in 1958....
Feb 09, 2017 06:51 am ET
Timken Reports Fourth-Quarter and Full-Year 2016 Results, Provides 2017 Outlook
NORTH CANTON, Ohio, Feb. 9, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR) (www.timken.com), a global leader in bearings and mechanical power transmission products, today reported fourth-quarter 2016 sales of $655 million, down 8.3 percent from the same period a year ago. The results reflect weakness across most end markets and unfavorable currency, partially offset by the benefit of acquisitions. ...
Jan 19, 2017 09:15 am ET
Timken to Announce Fourth-Quarter and Full-Year 2016 Financial Results on Feb. 9
NORTH CANTON, Ohio, Jan. 19, 2017 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, will release its 2016 fourth-quarter and full-year financial results on Thursday, Feb. 9, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Dec 01, 2016 08:30 am ET
Timken Expands Product Lines, Updates Catalogs for Housed Units, Seals and Tapered Roller Bearings
NORTH CANTON, Ohio, Dec. 1, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, released new catalogs for housed units, seals and tapered roller bearings.  The catalogs feature expanded offerings, more technical information and the latest on the company's growing product offering.  ...
Nov 11, 2016 10:50 am ET
Timken Declares Quarterly Dividend of 26 Cents Per Share
NORTH CANTON, Ohio, Nov. 11, 2016 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today declared a quarterly cash dividend of 26 cents per share. The dividend is payable on Dec. 2, 2016, to shareholders of record as of Nov. 22, 2016....
Nov 01, 2016 05:37 pm ET
Timken Acquires EDT Corp., Further Expanding Its Portfolio Of Bearing Housed Units
NORTH CANTON, Ohio, Nov. 1, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and mechanical power transmission products, today announced that it has acquired EDT Corp., a manufacturer of polymer housed units and stainless steel ball bearings used widely by the food and beverage industry. ...
Oct 27, 2016 07:51 am ET
Timken Reports Third-Quarter 2016 Results
NORTH CANTON, Ohio, Oct. 27, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, today reported third-quarter 2016 sales of $657 million, down approximately 7 percent from the same period a year ago. Excluding unfavorable currency of 1 percent, sales were down 6 percent due to weakness across most end markets, partially offset by the net benefit of acquisitions and divestitures. ...
Oct 25, 2016 02:00 pm ET
Timken to Participate in Goldman Sachs Industrials Investor Conference
NORTH CANTON, Ohio, Oct. 25, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings and mechanical power transmission products, will present at the 2016 Goldman Sachs Industrials Investor Conference on Nov. 2, 2016, at 2:50 p.m. EDT in Boston, Mass. Presenting on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Presentation materials will be available online at http://investors.timken.com....
Oct 05, 2016 12:30 pm ET
Timken to Announce Third-Quarter 2016 Financial Results on October 27
NORTH CANTON, Ohio, Oct. 5, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, will release its 2016 third quarter financial results on Thursday, Oct. 27, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
Sep 13, 2016 12:00 pm ET
Shelly M. Chadwick Named Vice President - Finance and Chief Accounting Officer; J. Ted Mihaila to Retire After 41 Years of Service
NORTH CANTON, Ohio, Sept. 13, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, has announced that J. Ted Mihaila, senior vice president and corporate controller will retire December 1 after more than 41 years of service with the Company. In connection with Mihaila's retirement, Shelly M. Chadwick has been appointed vice president ‒ finance and chief accounting officer, effective November 1....
Aug 02, 2016 12:01 pm ET
Timken Declares Quarterly Dividend of 26 Cents Per Share
NORTH CANTON, Ohio, Aug. 2, 2016 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, today declared a quarterly cash dividend of 26 cents per share. The dividend is payable on Sept. 2, 2016, to shareholders of record as of Aug. 15, 2016....
Jul 28, 2016 07:51 am ET
Timken Reports Second-Quarter 2016 Results
NORTH CANTON, Ohio, July 28, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, reports second-quarter 2016 sales of $674 million, 7.5 percent lower than the same period a year ago. Excluding an unfavorable currency impact of 1.7 percent, sales were down 5.8 percent, due to weakness across most end markets, partially offset by growth in automotive and the net benefit of acquisitions. ...
Jul 08, 2016 09:16 am ET
Mathew W. Happach Named President of Lovejoy, Inc.
NORTH CANTON, Ohio, July 8, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in bearings and mechanical power transmission, today announced that Mathew W. Happach has been named president of Lovejoy, Inc. At the same time, Lovejoy's CEO Woodrow "Woody" Haddix assumes the role of advisor to the president, supporting Happach through the transition period. Timken announced that it has acquired Lovejoy, adding the premium manufacturer of industrial couplings and universal joints to the Timken line-up of mechanical power transmission products. ...
Jul 08, 2016 09:02 am ET
Timken Acquires Lovejoy, Inc.; Expanding Product Portfolio to Include Industrial Couplings & Universal Joints
NORTH CANTON, Ohio, July 8, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), the world leader in tapered roller bearings, today announced that it has acquired Lovejoy, Inc., a manufacturer of premium industrial couplings and universal joints, for approximately $66 million. For the 12 months ending March 31, 2016, Lovejoy sales were approximately $56 million....
Jul 06, 2016 07:50 am ET
Timken to Announce Second-Quarter 2016 Financial Results on July 28
NORTH CANTON, Ohio, July 6, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, will release its 2016 second quarter financial results on Thursday, July 28, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at http://investors.timken.com....
May 10, 2016 11:16 am ET
Timken Declares Quarterly Dividend of 26 Cents Per Share
NORTH CANTON, Ohio, May 10, 2016 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, today declared a quarterly cash dividend of 26 cents per share. The dividend is payable on June 2, 2016, to shareholders of record as of May 20, 2016....
Apr 27, 2016 07:41 am ET
Timken Reports First-Quarter 2016 Results
NORTH CANTON, Ohio, April 27, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, today reported sales of $684 million for the first quarter of 2016, approximately 5 percent lower than the same period a year ago. Excluding the impact of currency, sales were down 2.5 percent, primarily due to market weakness across most sectors partially offset by growth in automotive and the net benefit of acquisitions and divestitures....
Apr 06, 2016 09:00 am ET
Timken to Announce First-Quarter 2016 Financial Results on April 27
NORTH CANTON, Ohio, April 6, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, will release its 2016 first quarter financial results on Wednesday, April 27, prior to the opening of the New York Stock Exchange. The company will host a conference call that day to discuss its financial performance with investors and securities analysts. The financial results and conference call materials will be available online at www.timken.com. ...
Mar 22, 2016 05:30 pm ET
The Timken Company's Annual Meeting of Shareholders to be Held on May 10
NORTH CANTON, Ohio, March 22, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) released its 2015 Annual Report to shareholders and announced its 2016 Annual Meeting will be held on May 10. As reported, the company achieved solid performance for the year, successfully navigating market headwinds while setting sights on future growth.  ...
Mar 08, 2016 08:12 am ET
Timken to Present at the Bank of America Merrill Lynch Global Industrials & EU Autos Investor Conference
NORTH CANTON, Ohio, March 8, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, will present at the Bank of America Merrill Lynch Global Industrials & EU Autos Investor Conference on Mar. 15, 2016, at 2:50 p.m. in London (10:50 a.m. Eastern Time). ...
Mar 07, 2016 08:15 am ET
Timken Selected for Sixth Time as One of World's Most Ethical Companies
NORTH CANTON, Ohio, March 7, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, has been recognized for the sixth time by the Ethisphere® Institute as one of the world's most ethical companies....
Feb 18, 2016 10:00 am ET
Timken Awards Scholarships To 17 Children of Employees Around the World
NORTH CANTON, Ohio, Feb. 18, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) today awarded college scholarships to 17 sons and daughters of Timken associates in 12 locations around the world. Valued at up to $540,000 over four years, these scholarships are funded by The Timken Company Charitable and Educational Fund, Inc. The program has awarded more than $22 million in scholarships since its founding in 1958....
Feb 15, 2016 05:47 pm ET
Timken Receives Gear Contract From U.S. Department of Defense
NORTH CANTON, Ohio, Feb. 15, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) has a received a multi-year contract from the U.S. Department of Defense to provide engineering and supply Philadelphia Gear® main reduction gears (MRGs) for the Navy's next generation of Arleigh Burke DDG 51 class ships. The fixed-price contract includes options which, if exercised, could bring the cumulative value of the contract to more than $1 billion over its life....
Feb 12, 2016 01:37 pm ET
Timken Declares Quarterly Dividend of 26 Cents Per Share
NORTH CANTON, Ohio, Feb. 12, 2016 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), the world leader in tapered roller bearings, today declared a quarterly cash dividend of 26 cents per share. The dividend is payable on March 3, 2016, to shareholders of record as of Feb. 23, 2016....
Feb 03, 2016 06:51 am ET
Timken Reports Fourth-Quarter Results, Provides 2016 Outlook
NORTH CANTON, Ohio, Feb. 3, 2016 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in bearings, today reported sales of $714.4 million for the fourth quarter of 2015, approximately 6 percent lower than the same period a year ago. Excluding the impact of currency, sales were down just under 2 percent, primarily due to market-related declines in Process Industries, which were partially offset by sales from the recently acquired Carlisle belts product line....