Timken Co (N:TKR)

Business Focus: Industrial Machinery & Equipment

Mar 27, 2024 06:55 am ET
The Timken Company Announces CEO Succession Plan
Industry executive Tarak Mehta named Timken's next president and CEO
Feb 23, 2024 08:30 am ET
Timken Awards $540,000 in Scholarships to 20 Future Leaders and Innovators
NORTH CANTON, Ohio, Feb. 23, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from engineering and business to medicine and the arts. In an awards ceremony today, the company presented college scholarships to the children of Timken employees in the United States, China, India, Canada, France and the Netherlands. Since the Timken Global Scholars Program's inception in 1958, The Timken Company Charitable and Educational Fund has awarded more than $26 million in scholarships to 835 students.
Feb 08, 2024 03:30 pm ET
Timken Declares Quarterly Dividend of 33 Cents Per Share
NORTH CANTON, Ohio, Feb. 8, 2024 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 33 cents per share. The dividend is payable on March 6, 2024, to shareholders of record as of Feb. 20, 2024.
Feb 05, 2024 05:51 am ET
Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023
Sales of $1.09 billion in the fourth quarter, up 1 percent from last yearFourth-quarter earnings per share of $0.83; adjusted EPS of $1.37Record full-year sales of $4.8 billion, up 6 percent from last yearFull-year 2023 EPS of $5.47; record adjusted EPS of $7.05Full-year net income margin of 8.3 percent; adjusted EBITDA margin of 19.7 percentCompany provides initial estimate for 2024 EPS of $4.90-$5.30, with adjusted EPS of $5.80-$6.20 on lower anticipated demandNORTH CANTON, Ohio, Feb. 5, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bear
Jan 16, 2024 06:00 am ET
Timken Recognized by Newsweek as One of America's Greatest Workplaces for Diversity
NORTH CANTON, Ohio, Jan. 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been recognized by Newsweek as one of America's Greatest Workplaces for Diversity. The ranking is the result of a study conducted by data research firm Plant-A Insights, which interviewed over 223,000 employees in the United States and collected over 1.5 million comprehensive company reviews.
Jan 11, 2024 05:51 am ET
Timken to Announce Fourth-Quarter and Full-Year 2023 Financial Results on Feb. 5
NORTH CANTON, Ohio, Jan. 11, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its 2023 fourth-quarter and full-year financial results on Monday, Feb. 5, 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 21, 2023 05:50 am ET
Timken Adds Engineered Sealing Solutions to Portfolio with Lagersmit Acquisition
NORTH CANTON, Ohio, Dec. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has acquired Lagersmit, a Netherlands-based manufacturer of highly engineered sealing solutions for demanding marine, dredging, water, tidal energy and other industrial applications.  
Dec 06, 2023 10:15 am ET
Timken Recognized by Newsweek as One of America's Most Responsible Companies for Fourth Year in a Row
NORTH CANTON, Ohio, Dec. 6, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been recognized by Newsweek and Statista Inc. as one of America's Most Responsible Companies 2024. Timken has made the prestigious list four straight years, reflecting the company's continued commitment to corporate social responsibility (CSR).   
Nov 21, 2023 06:00 am ET
Timken to Participate in the Melius Research Conference
NORTH CANTON, Ohio, Nov. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the Melius Research Conference on Dec. 7, 2023 in New York City. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer and Neil Frohnapple, director of investor relations. Materials shared during the conference will be available online at www.timken.com/investors.
Nov 03, 2023 10:45 am ET
Timken Declares Quarterly Dividend of 33 Cents Per Share
NORTH CANTON, Ohio, Nov. 3, 2023 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 33 cents per share. The dividend is payable on Nov. 29, 2023, to shareholders of record as of Nov. 14, 2023.
Nov 01, 2023 05:00 pm ET
Timken Completes Acquisition of Engineered Solutions Group (iMECH)
NORTH CANTON, Ohio, Nov. 1, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of Engineered Solutions Group (a.k.a. Innovative Mechanical Solutions or iMECH).
Nov 01, 2023 06:51 am ET
Timken Reports Third-Quarter 2023 Results
Sales of $1.14 billion, up approximately 1 percent from last year Third-quarter earnings per share of $1.23; adjusted EPS of $1.55Strong cash from operations of $194 million; free cash flow of $151 millionUpdates 2023 outlook; now expects 2023 EPS of $5.60-$5.70, with adjusted EPS of $6.85-$6.95NORTH CANTON, Ohio, Nov. 1, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today reported third-quarter 2023 sales of $1.14 billion, up 0.6 percent from the same period a year ago. The increase was driven by t
Oct 26, 2023 05:00 pm ET
Timken Announces Divestiture of TWB Bearings Business in China
NORTH CANTON, Ohio, Oct. 26, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today completed the sale of Jiangsu TWB Bearings Co., Ltd. (TWB) to Zhejiang Tianma Bearing Group Co., Ltd. In 2022, TWB posted revenue of approximately $40 million. Other terms of the deal were not disclosed.
Oct 16, 2023 06:51 am ET
Timken to Acquire Engineered Solutions Group (iMECH), Expanding Engineered Bearings Portfolio
NORTH CANTON, Ohio, Oct. 16, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has reached an agreement to acquire Engineered Solutions Group (a.k.a. Innovative Mechanical Solutions or iMECH), based in Houston, Texas. iMECH manufactures thrust bearings, radial bearings, specialty coatings and other components primarily used in the energy industry. The business employs approximately 70 people and projects revenue of approximately $30 million for calendar year 2023.  
Oct 13, 2023 06:51 am ET
Timken to Announce Third-Quarter 2023 Financial Results on Nov. 1
NORTH CANTON, Ohio, Oct. 13, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its third-quarter 2023 financial results on Wednesday, Nov. 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.
Oct 02, 2023 06:51 am ET
Timken Expands Linear Motion Offerings with Rosa Sistemi Acquisition
NORTH CANTON, Ohio, Oct. 2, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has acquired Rosa Sistemi S.p.A., a European designer and manufacturer of roller guideways, linear bearings, customized linear systems and actuators, commercialized ball guideways and precision ball screws. The company serves customers across diverse end markets, including automation and machine tool.
Sep 28, 2023 06:51 am ET
Timken Releases Annual CSR Report, Provides Update on 2030 Emissions Intensity Target Progress
NORTH CANTON, Ohio, Sept. 28, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today issued its annual corporate social responsibility (CSR) report, which features an update on progress towards its 2030 environmental emissions target. The report also details Timken's efforts to improve the lives of individuals and communities and build a more efficient and resilient world.
Aug 02, 2023 10:15 am ET
Timken Declares Quarterly Dividend of 33 Cents Per Share
NORTH CANTON, Ohio, Aug. 2, 2023 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 33 cents per share. The dividend is payable on Aug. 28, 2023, to shareholders of record as of Aug. 15, 2023.
Jul 13, 2023 07:00 am ET
Timken to Announce Second-Quarter 2023 Financial Results on Aug. 3
NORTH CANTON, Ohio, July 13, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its second-quarter 2023 financial results on Thursday, Aug. 3, 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 20, 2023 07:00 am ET
Timken's Extensive Food & Beverage Portfolio Experiencing Strong Customer Demand
Achieved sales CAGR of 30+ percent over last five years; well-positioned for additional growth
May 17, 2023 07:00 am ET
Timken to Participate in the KeyBanc Industrials & Basic Materials Conference
NORTH CANTON, Ohio, May 17, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the KeyBanc Industrials & Basic Materials Conference on May 31, 2023 in Boston, Mass. Participating on behalf of Timken will be Richard G. Kyle, president and chief executive officer, and Neil Frohnapple, director of investor relations. Materials shared during the conference will be available online at www.timken.com/investors.
May 09, 2023 07:00 am ET
Timken Adds to Investments in Renewable Energy Capabilities
Announces new $70 million investment to further expand wind energy manufacturing capabilities, coming online in 2023
May 05, 2023 08:30 am ET
Timken Increases Quarterly Dividend by 6 Percent
NORTH CANTON, Ohio, May 5, 2023 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today approved a 6 percent increase in the company's quarterly cash dividend, raising it to 33 cents per share. The dividend is payable on May 30, 2023, to shareholders of record as of May 16, 2023.
May 03, 2023 06:51 am ET
Timken Reports Record First-Quarter 2023 Results; Raises Full-Year Outlook
Record sales of $1.26 billion, up 12 percent in total and 11 percent organically from last year Record first-quarter EPS of $1.67; with all-time record quarterly adjusted EPS of $2.09Net income margin of 10 percent; adjusted EBITDA margin of 21 percent Raises 2023 outlook; now expects 2023 EPS of $5.90-$6.40, with adjusted EPS of $7.00-$7.50NORTH CANTON, Ohio, May 3, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today reported first-quarter 2023 sales of $1.26 billion, up 12.3 percent from the same
Apr 27, 2023 07:00 am ET
Timken to Participate in Upcoming Investor Conferences
NORTH CANTON, Ohio, April 27, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, announced it will participate in two upcoming investor conferences. Philip D. Fracassa, executive vice president and chief financial officer, and Neil Frohnapple, director of investor relations, will participate on behalf of Timken at the virtual Oppenheimer Industrial Growth Conference on May 9 and the Goldman Sachs Industrials & Materials Conference on May 10 in New York City. Materials shared during the conferences wi
Apr 13, 2023 07:00 am ET
Timken to Announce First-Quarter 2023 Financial Results on May 3
NORTH CANTON, Ohio, April 13, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its first-quarter 2023 financial results on Wednesday, May 3, 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 04, 2023 04:15 pm ET
Timken Completes Acquisition of Nadella Group
NORTH CANTON, Ohio, April 4, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of Nadella Group, a leading European manufacturer of linear guides, telescopic rails, actuators and systems and other specialized industrial motion solutions.
Mar 29, 2023 08:15 am ET
Timken Recognized by Fortune As One of America's Most Innovative Companies
Company recognized for innovative processes, products and culture
Mar 20, 2023 08:40 am ET
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating The Timken Company for Potential Breaches of Fiduciary Duty By Its Board of Directors
NEW YORK, March 20, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of The Timken Company (NYSE: TKR).
Mar 20, 2023 06:55 am ET
Timken Releases 2022 Annual Report, Highlighting Record Performance and Strategy to Scale as a Diversified Industrial Leader
NORTH CANTON, Ohio, March 20, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has issued its 2022 Annual Report, which celebrates a century since the company was first listed on the New York Stock Exchange and details its strategy to continue to scale as a high-performing diversified industrial leader.
Mar 14, 2023 07:00 am ET
Timken to Participate in the BofA Global Research Global Industrials Conference
NORTH CANTON, Ohio, March 14, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the BofA Global Research Global Industrials Conference in London on Tuesday, March 21, 2023, with a presentation scheduled at 2:50 p.m. GMT (10:50 a.m. EDT) that day.
Mar 13, 2023 07:52 am ET
Timken Named One of World's Most Ethical Companies® for 12th Time
Awarding organization Ethisphere says companies committed to business integrity elevate standards, have better long-term performance
Feb 21, 2023 06:00 am ET
Timken to Continue to Provide Main Reduction Gears for U.S. Navy Arleigh Burke DDG-51 Class Ships
NORTH CANTON, Ohio, Feb. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), continues to be a key contributor to the latest generation of United States Navy ships. General Dynamics Bath Iron Works (BIW) recently awarded Timken a long-term contract to deliver Philadelphia Gear® main reduction gears (MRGs) for all future Flight III ships of the Arleigh Burke (DDG-51) class. The contract, if executed fully, will result in revenue of more than $500 million for Timken over approximately five to eight years. Production is expected to begin in 2024.
Feb 10, 2023 09:45 am ET
Timken Declares Quarterly Dividend of 31 Cents Per Share
NORTH CANTON, Ohio, Feb. 10, 2023 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 31 cents per share. The dividend is payable on March 6, 2023, to shareholders of record as of Feb. 21, 2023.
Feb 09, 2023 06:00 am ET
Timken to Participate in the Citi 2023 Global Industrial Tech and Mobility Conference
NORTH CANTON, Ohio, Feb. 9, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the Citi 2023 Global Industrial Tech and Mobility Conference on Feb. 22, 2023. Participating on behalf of Timken will be Richard G. Kyle, Timken president and chief executive officer and Neil Frohnapple, director of investor relations. Materials shared during the conference will be available online at http://investors.timken.com.
Feb 06, 2023 05:51 am ET
Timken Reports Strong Fourth-Quarter and Full-Year 2022 Results
Sales of $1.08 billion in the fourth quarter, up 7 percent in total and 10 percent organically from last year Fourth-quarter EPS of $1.32; adjusted EPS of $1.22Record full-year 2022 EPS of $5.48; record adjusted EPS of $6.02Starting in 2023, adjusted EPS will be revised to exclude acquisition intangible amortization expenseCompany provides initial estimate for 2023 EPS of $5.80-$6.40, with adjusted EPS of $6.50-$7.10NORTH CANTON, Ohio, Feb. 6, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today repo
Feb 01, 2023 03:15 pm ET
Timken Acquires American Roller Bearing Company
NORTH CANTON, Ohio, Feb. 1, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion products, has acquired the assets of American Roller Bearing Company (ARB), a North Carolina-based manufacturer of industrial bearings. ARB's offerings join Timken's industry-leading portfolio of engineered bearing solutions. ARB, which boasts a large U.S. installed base and strong aftermarket business, generated sales of more than $30 million in 2022.
Jan 30, 2023 06:00 am ET
Timken to Expand Linear Motion Portfolio With the Acquisition of Nadella Group From ICG
NORTH CANTON, Ohio, Jan. 30, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion products, has reached an agreement to acquire Nadella Group, a leading European manufacturer of linear guides, telescopic rails, actuators and systems and other specialized industrial motion solutions, from ICG plc. Nadella posted revenue of approximately €100 million in 2022. The business has 450 employees and operates manufacturing facilities in Europe and China. The transaction is subject to regulatory approvals.
Jan 16, 2023 06:00 am ET
Timken to Announce Fourth-Quarter and Full-Year 2022 Financial Results on Feb. 6
NORTH CANTON, Ohio, Jan. 16, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its 2022 fourth-quarter and full-year financial results on Monday, Feb. 6, 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.
Jan 05, 2023 06:00 am ET
Timken Providing Engineered Bearings for Ford Motor Company's Electric F-150 Lightning
NORTH CANTON, Ohio, Jan. 5, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today announced its packaged wheel bearings are being used on Ford Motor Company's F-150 Lightning, the first mainstream electric light-duty pickup truck to hit the market. Timken bearings on the F-150 Lightning represent incremental content per vehicle, compared to its gasoline-powered counterpart.
Dec 07, 2022 11:00 am ET
Timken Earns Spot on Newsweek America's Most Responsible Companies List for Third Straight Year
NORTH CANTON, Ohio, Dec. 7, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named one of America's Most Responsible Companies 2023 by Newsweek and Statista Inc. This is the third consecutive year Timken has made the prestigious list of companies distinguished by their corporate social responsibility (CSR) efforts.   
Nov 22, 2022 06:00 am ET
Timken to Participate in the Melius Research Industrials Conference
NORTH CANTON, Ohio, Nov. 22, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the Melius Research Industrials Conference on Dec. 8, 2022 in New York City. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at www.timken.com/investors.
Nov 11, 2022 09:15 am ET
Timken Declares Quarterly Dividend of 31 Cents Per Share
NORTH CANTON, Ohio, Nov. 11, 2022 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today declared a quarterly cash dividend of 31 cents per share. The dividend is payable on Dec. 2, 2022, to shareholders of record as of Nov. 21, 2022.
Nov 07, 2022 05:51 am ET
Timken Completes Acquisition of GGB Bearings
NORTH CANTON, Ohio, Nov. 7, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of GGB Bearings.
Nov 01, 2022 12:30 pm ET
Timken Completes Sale of Aerospace Drive Systems Business
NORTH CANTON, Ohio, Nov. 1, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today announced it has closed the sale of its Aerospace Drive Systems (ADS) business to PCX Aerostructures, LLC. Terms were not disclosed.
Oct 31, 2022 07:00 am ET
Timken's Extensive Mounted Bearing Offering Addresses the World's Toughest Jobs
Robust portfolio growing at double the rate of the U.S. industrial production index over last five years
Oct 27, 2022 07:00 am ET
Timken to Participate in the Baird Global Industrial Conference
NORTH CANTON, Ohio, Oct. 27, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the Baird Global Industrial Conference on Nov. 8, 2022 in Chicago. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at www.timken.com/investors.
Oct 26, 2022 06:51 am ET
Timken Reports Strong Third-Quarter 2022 Results; Raises Full-Year Outlook
Sales of $1.14 billion, up nearly 10 percent in total and 14 percent organically from last year Third-quarter earnings per diluted share of $1.18 on a GAAP basis, with adjusted EPS of $1.52Raises adjusted earnings outlook; now expects 2022 GAAP earnings per diluted share of $5.15 to $5.30 and adjusted EPS of $5.80 to $5.95NORTH CANTON, Ohio, Oct. 26, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today reported third-quarter 2022 sales of $1.14 billion, up 9.6 percent from the same period a year ago.
Oct 13, 2022 07:00 am ET
Timken to Announce Third-Quarter 2022 Financial Results on Oct. 26
NORTH CANTON, Ohio, Oct. 13, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its third-quarter 2022 financial results on Wednesday, Oct. 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.
Sep 28, 2022 07:00 am ET
Timken to Hold Sept. 28 Investor Day; Will Highlight Accomplishments and Outline Plans to Deliver Future Growth
NORTH CANTON, Ohio, Sept. 28, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion, is hosting an Investor Day at 9:30 a.m. ET today in New York City.
Sep 27, 2022 06:51 am ET
Timken Issues Annual CSR Report, Sets 2030 Target for Greenhouse Gas Emissions
NORTH CANTON, Ohio, Sept. 27, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion products, today released its annual corporate social responsibility (CSR) report and announced a 2030 environmental target to reduce aggregate Scope 1 and Scope 2 greenhouse gas emissions intensity by 50 percent by 2030.1
Sep 26, 2022 07:00 am ET
Timken Celebrates Century of Trading on New York Stock Exchange
Timken is one of only 30 companies to be listed for 100 consecutive years, first Ohio-based company to reach milestone
Sep 07, 2022 07:00 am ET
Timken to Host Investor Day on Sept. 28
NORTH CANTON, Ohio, Sept. 7, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will host an Investor Day in New York City on Wednesday, Sept. 28, 2022, from 9:30 a.m. to 12:00 p.m. ET. The event will also be webcast live at http://investors.timken.com.
Sep 06, 2022 06:51 am ET
Timken to Acquire GGB Bearing Technology, Expanding Its Engineered Bearing Portfolio with Complementary Products
NORTH CANTON, Ohio, Sept. 6, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has reached an agreement to acquire GGB Bearing Technology (GGB), a division of Enpro, Industries (including exclusive negotiations with respect to the French operations of GGB). Founded in 1899, GGB serves a variety of diverse customers, markets, geographies and applications with a product portfolio that complements existing Timken industry-leading engineered bearing solutions. GGB revenue is expected to be around $200 milli
Aug 10, 2022 07:00 am ET
Timken Announces Executive Officer Appointments
Christopher Coughlin named executive vice president and president of industrial motionAndreas Roellgen named executive vice president and president of engineered bearingsNatasha Pollock, vice president of human resources, appointed an executive officer of the companyNORTH CANTON, Ohio, Aug. 10, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and industrial motion products, today announced new appointments for company executives Christopher Coughlin, Andreas Roellgen and Natasha Pollock. 
Aug 03, 2022 10:30 am ET
Timken Declares Quarterly Dividend of 31 Cents Per Share
NORTH CANTON, Ohio, Aug. 3, 2022 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 31 cents per share. The dividend is payable on Sept. 2, 2022, to shareholders of record as of Aug. 15, 2022.
Jul 29, 2022 07:00 am ET
Timken to Participate in the Jefferies Industrials Conference
NORTH CANTON, Ohio, July 29, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will attend the Jefferies Industrials Conference on Aug. 10, 2022 in New York City. Participating in a fireside chat on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at www.timken.com/investors.
Jul 28, 2022 06:51 am ET
Timken Reports Record Second-Quarter 2022 Results; Raises Full-Year Earnings Outlook
Record sales of $1.15 billion, up 11 percent organically from last year Record second-quarter earnings per diluted share of $1.42 on a GAAP basis, with all-time record quarterly adjusted EPS of $1.67Raises earnings outlook; now expects 2022 GAAP earnings per diluted share of $5.15 to $5.45 and adjusted EPS of $5.50 to $5.80NORTH CANTON, Ohio, July 28, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported record second-quarter 2022 sales of $1.15 billion, up 8.5 percent from the sa
Jul 14, 2022 07:00 am ET
Timken to Announce Second-Quarter 2022 Financial Results on July 28
NORTH CANTON, Ohio, July 14, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its second-quarter 2022 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.
Jul 11, 2022 07:00 am ET
Timken Providing Precision Drives for First-of-Its-Kind Solar Power Project in South Africa
Redstone facility in Northern Cape will use molten salt to store energy from the sun, deliver electricity to 200,000 homes during peak demand
Jun 20, 2022 07:00 am ET
Timken's Philadelphia Gear to Provide Main Reduction Gears for U.S. Navy Frigate USS Congress
NORTH CANTON, Ohio, June 20, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), continues to be a key contributor to the next generation of United States Navy ships. Fincantieri Marinette Marine (FMM) recently awarded Philadelphia Gear a contract option to deliver the main reduction gears (MRGs) for the future USS Congress (FFG-63), the second frigate in the Constellation (FFG-62) class of ships.
Jun 06, 2022 07:00 am ET
Timken Providing Bearings for GE's Haliade-X, The World's Most Powerful Offshore Wind Turbine
Technically advanced bearings allow for increased turbine size and help maximize efficiency and durability
Jun 01, 2022 07:00 am ET
Timken Named One of America's Best Employers for New Graduates by Forbes
Company recognized for attracting and developing the next generation of world-class problem solvers
May 31, 2022 06:51 am ET
Timken Completes Acquisition of Spinea
NORTH CANTON, Ohio, May 31, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has completed its previously announced acquisition of Spinea, s.r.o. (Spinea), a European technology leader and manufacturer of highly engineered cycloidal reduction gears and actuators.
May 18, 2022 07:00 am ET
Timken to Participate in the KeyBanc Industrials & Basic Materials Conference
NORTH CANTON, Ohio, May 18, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will participate in the KeyBanc Industrials & Basic Materials Conference on June 1, 2022, in Boston, Mass. Presenting on behalf of Timken will be Richard G. Kyle, president and chief executive officer. Materials shared during the conference will be available online at www.timken.com/investors.
May 06, 2022 09:45 am ET
Timken Declares 400th Consecutive Quarterly Dividend
Company Increases Quarterly Dividend to 31 Cents Per Share; Joins Short List of Companies to Achieve 100-Year Milestone
May 02, 2022 06:51 am ET
Timken Reports Record First-Quarter 2022 Results
Record sales of $1.125 billion, up approximately 10 percent from last year Record first-quarter earnings per diluted share of $1.56 on a GAAP basis, with all-time record quarterly adjusted EPS of $1.61Repurchased 1.5 million shares during the quarterMaintains earnings outlook; expects 2022 GAAP earnings per diluted share of $4.85-5.25, with adjusted EPS of $5.00-5.40NORTH CANTON, Ohio, May 2, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported record first-quarter 2022 sales of 
Apr 29, 2022 06:51 am ET
Timken to Acquire Spinea, Expanding Its Robotics and Automation Offering in Attractive and Growing End Market Sectors
NORTH CANTON, Ohio, April 29, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has reached an agreement to acquire Spinea, s.r.o. (Spinea), a European technology leader and manufacturer of highly engineered cycloidal reduction gears and actuators. Spinea's solutions primarily serve high-precision automation and robotics applications in the factory automation sector. Spinea sales are expected to be around $40 million for the full year 2022.  
Apr 20, 2022 07:00 am ET
Timken to Participate in the Oppenheimer Industrial Growth Conference
NORTH CANTON, Ohio, April 20, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will virtually attend the Oppenheimer 17th Annual Industrial Growth Conference on May 4, 2022. Participating in a fireside chat on behalf of Timken will be Richard G. Kyle, president and chief executive officer and Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at www.timken.com/investors.
Apr 13, 2022 07:00 am ET
Timken to Announce First-Quarter 2022 Financial Results on May 2
NORTH CANTON, Ohio, April 13, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its first-quarter 2022 financial results on Monday, May 2, 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 18, 2022 08:00 am ET
Timken Issues 2021 Annual Report, Detailing Company's Resilience, Record Results, Commitment to Social Responsibility and Future Growth Opportunities
NORTH CANTON, Ohio, March 18, 2022  /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has released its 2021 Annual Report, which describes how the company successfully navigated a highly dynamic operating environment to deliver record results. Timken's 2021 performance reflected both the resilience of its business model and the strong demand for the company's products and technology.
Mar 03, 2022 06:00 am ET
Timken to Participate in the BofA Global Research Global Industrials Conference
NORTH CANTON, Ohio, March 3, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will present virtually at the BofA Global Research Global Industrials Conference on March 17, 2022, at 12:15 p.m. GMT (8:15 a.m. EDT).
Feb 22, 2022 09:00 am ET
Timken Awards $540,000 in Scholarships to Next Generation of Engineers, Healthcare Professionals and Business Leaders
NORTH CANTON, Ohio, Feb. 22, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from medicine and engineering to economics and computer science. In an awards ceremony today, the company presented college scholarships to the children of Timken associates in the United States, Australia, China, France, India and Romania. Since the scholarship program's inception in 1958, The Timken Company Charitable and Educational Fund has awarded nearly $26 million in scholarships to 795 students.
Feb 15, 2022 05:59 am ET
Timken Wins Contract as Sole Provider of High-Precision Drives for World's Largest Solar Power Plant
NORTH CANTON, Ohio, Feb. 15, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, is providing high-precision drives for what will be the world's largest single-site solar power plant. Timken's solar-tracking technology, developed by its Cone Drive subsidiary, will be used to precisely position solar panels in line with the sun for the Al Dhafra PV2 site in Abu Dhabi, United Arab Emirates (UAE).
Feb 11, 2022 10:00 am ET
Timken Declares Quarterly Dividend of 30 Cents Per Share
NORTH CANTON, Ohio, Feb. 11, 2022 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 30 cents per share. The dividend is payable on March 4, 2022, to shareholders of record as of Feb. 22, 2022.
Feb 09, 2022 06:00 am ET
Timken to Participate in the Citi 2022 Global Industrial Tech and Mobility Conference
NORTH CANTON, Ohio, Feb. 9, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will participate in the Citi 2022 Global Industrial Tech and Mobility Conference on Feb. 23, 2022. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
Feb 03, 2022 05:51 am ET
Timken Reports Fourth-Quarter and Full-Year 2021 Results
NORTH CANTON, Ohio, Feb. 3, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported fourth-quarter 2021 sales of $1.01 billion, up 13 percent from the same period a year ago, and over 10 percent higher than the previous record fourth quarter. The increase was primarily driven by strong organic growth across most end-market sectors led by industrial distribution and off-highway, and the impact of higher pricing.
Jan 14, 2022 06:00 am ET
Timken to Announce Fourth-Quarter and Full-Year 2021 Financial Results on Feb. 3
NORTH CANTON, Ohio, Jan. 14, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its 2021 fourth-quarter and full-year financial results on Thursday, Feb. 3, 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 07, 2021 06:00 am ET
Timken Leverages Rollon® Brand for Strong Performance in Linear Motion
NORTH CANTON, Ohio, Dec. 7, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global industrial leader in engineered bearings and power transmission products, is experiencing strong growth in its linear motion product line, with 2021 sales expected to increase by more than 20 percent compared to 2020. With the acquisition of Rollon in 2018, Timken diversified its power transmission portfolio with engineered linear motion products. As a leader in highly customized linear motion guides, telescopic rails, actuators and systems, Rollon has expanded growth opportunities in attractive market
Dec 02, 2021 12:00 pm ET
Timken Named One of America's Most Responsible Companies by Newsweek for Second Straight Year
NORTH CANTON, Ohio, Dec. 2, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global industrial leader in engineered bearings and power transmission products, is one of America's Most Responsible Companies 2022. Timken maintains its standing after first earning the recognition last year. The esteemed list is presented by Newsweek and Statista Inc.
Nov 24, 2021 06:00 am ET
Timken to Participate in the Melius Research Industrial Tech & Aerospace Forum
NORTH CANTON, Ohio, Nov. 24, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will participate in the Melius Research Industrial Tech & Aerospace Forum on Dec. 8, 2021 in New York City. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
Nov 18, 2021 06:00 am ET
Timken Honored with Prestigious R&D 100 Award for Innovative Wind Turbine Solution
NORTH CANTON, Ohio, Nov. 18, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global industrial leader in engineered bearings and power transmission products, has been named a 2021 R&D 100 Award winner by R&D World magazine. The publication honored Timken in the Mechanical/Materials category for its work developing a split tapered roller bearing for the main shaft of wind turbines. The R&D 100 is the only industry-wide competition rewarding the practical applications of science.
Nov 12, 2021 09:00 am ET
Timken Declares Quarterly Dividend of 30 Cents Per Share
NORTH CANTON, Ohio, Nov. 11, 2021 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 30 cents per share. The dividend is payable on Dec. 3, 2021, to shareholders of record as of Nov. 22, 2021.
Nov 04, 2021 07:00 am ET
The Timken Company Charitable and Educational Fund Donation Supports UNICEF's Global Vaccine Distribution Goal
NORTH CANTON, Ohio, Nov. 4, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today announced a $75,000 donation through The Timken Company Charitable and Educational Fund to support UNICEF's equitable vaccine distribution efforts around the globe.
Nov 01, 2021 06:51 am ET
Timken Reports Third-Quarter 2021 Results
NORTH CANTON, Ohio, Nov. 1, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported third-quarter 2021 sales of $1.04 billion, up 16 percent from the same period a year ago, and 13 percent higher than the previous record third quarter. The increase was driven by organic growth across most end-market sectors led by industrial distribution and off-highway, higher pricing and the benefit of currency translation and acquisitions.
Oct 26, 2021 07:00 am ET
Timken to Participate in the Baird 2021 Global Industrial Virtual Conference
NORTH CANTON, Ohio, Oct. 26, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will present at the Baird 2021 Global Industrial Virtual Conference on Nov. 9, 2021. Presenting on behalf of Timken will be Richard G. Kyle, president and chief executive officer and Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
Oct 20, 2021 07:00 am ET
Timken 2020 CSR Report Highlights Company-wide Commitment to Create Real-World Impact
NORTH CANTON, Ohio, Oct. 20, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today released its 2020 corporate social responsibility (CSR) report, detailing efforts to create a more efficient and resilient world.
Oct 13, 2021 07:00 am ET
Timken to Announce Third-Quarter 2021 Financial Results on Nov. 1
NORTH CANTON, Ohio, Oct. 13, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its third-quarter 2021 financial results on Monday, Nov. 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.
Sep 15, 2021 04:30 pm ET
Timken Provides Update on 2021 Performance
NORTH CANTON, Ohio, Sept. 15, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today announced that it expects lower sales and earnings in the second half of 2021, compared to the company's prior expectations. Timken's results are being impacted by unabating customer and supply chain disruptions and related manufacturing inefficiencies, as well as continued inflationary pressures across the enterprise.
Aug 30, 2021 07:00 am ET
Timken Achieves Leadership Position in Fast-Growing Solar Energy Industry
NORTH CANTON, Ohio, Aug. 30, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has helped power industry-leading growth for solar energy customers over the last three years. Timken entered the solar energy market with the acquisition of Cone Drive in 2018. Under Timken, Cone Drive has continued to build momentum with the world's leading solar energy original equipment manufacturers (OEMs) and, as a result, has tripled its solar revenue in the past three years1, outpacing underlying market gr
Aug 20, 2021 02:30 pm ET
Timken Acquires Intelligent Machine Solutions, Expanding Rollon® Linear Motion Solutions in Industrial Robotics
NORTH CANTON, Ohio, Aug. 20, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global industrial leader in engineered bearings and power transmission products, has acquired Intelligent Machine Solutions (iMS), a manufacturer of industrial robotics and automation solutions. The addition of iMS expands and complements Timken's Rollon® linear motion product range with larger and heavy-duty applications, such as seventh-axis robotic transfer units (RTUs) and gantry systems.
Aug 04, 2021 10:30 am ET
Timken Declares Quarterly Dividend of 30 Cents Per Share
NORTH CANTON, Ohio, Aug. 4, 2021 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 30 cents per share. The dividend is payable on Sept. 3, 2021, to shareholders of record as of Aug. 20, 2021.
Aug 02, 2021 06:51 am ET
Timken Reports Strong Second-Quarter 2021 Results
NORTH CANTON, Ohio, Aug. 2, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported second-quarter 2021 sales of $1.06 billion, up 32.3 percent from the same period a year ago. The increase was driven by strong organic growth across most end-market sectors, as well as the benefit of currency translation and the Aurora Bearing acquisition. Second-quarter sales were up nearly 4 percent from the first quarter of 2021.
Jul 27, 2021 11:00 am ET
Timken Named One of America's Best Employers for Women by Forbes
NORTH CANTON, Ohio, July 27, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has been named to the Forbes 2021 list of America's Best Employers for Women, reinforcing the company's commitment to elevating and cultivating a diverse team of engineers and problem solvers.
Jul 26, 2021 07:00 am ET
Timken to Announce Second-Quarter 2021 Financial Results on Aug. 2
NORTH CANTON, Ohio, July 26, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its second-quarter 2021 financial results on Monday, Aug. 2, 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 12, 2021 10:00 am ET
Timken Positioned for Strong Growth in Automatic Lubrication Systems with Industry-Leading Offering
NORTH CANTON, Ohio, July 12, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, announced today that its automatic lubrication systems portfolio has more than doubled in size from a revenue standpoint over the past five years through a combination of organic growth and strategic acquisitions. With its Groeneveld® and BEKA® brands, Timken is the world's second largest producer of automatic lubrication systems for industrial applications.i
Feb 25, 2021 08:30 am ET
Timken Awards Annual Scholarships to Develop Next Generation of Innovators and Leaders
NORTH CANTON, Ohio, Feb. 25, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping to fund the futures of 20 students in pursuit of careers ranging from artificial intelligence and engineering to nursing and psychology. In a virtual awards ceremony today, the company presented college scholarships to the children of Timken associates in eight countries: United States, Brazil, Canada, China, France, India, Italy and Poland. Since the scholarship program's inception in 1958, The Timken Company Charitable and Educational Fund has awarded more than $25 million in scholar
Feb 23, 2021 06:00 am ET
Timken Recognized Among World's Most Ethical Companies® for 11th Time
NORTH CANTON, Ohio, Feb. 23, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, has earned a spot among the World's Most Ethical Companies® for the 11th time. Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, announced Timken and the rest of its 2021 honorees today.
Feb 17, 2021 06:00 am ET
Timken to Participate in the Evercore ISI Industrial Virtual Conference
NORTH CANTON, Ohio, Feb. 17, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will participate in the Evercore ISI Industrial Virtual Conference on March 2, 2021. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
Feb 16, 2021 06:00 am ET
Timken's Philadelphia Gear to Supply Main Reduction Gears for U.S. Navy Aircraft Carrier Program
NORTH CANTON, Ohio, Feb. 16, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), is expanding upon its decades-long relationship with the United States Navy. Huntington Ingalls Industries – Newport News Shipbuilding (HII-NNS) recently awarded a contract to Timken's Philadelphia Gear to supply the main reduction gears (MRGs) for the future USS Doris Miller (CVN-81) aircraft carrier.
Feb 12, 2021 10:00 am ET
Timken Declares Quarterly Dividend of 29 Cents Per Share
NORTH CANTON, Ohio, Feb. 12, 2021 /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 29 cents per share. The dividend is payable on March 4, 2021, to shareholders of record as of February 22, 2021.
Feb 09, 2021 12:30 pm ET
Timken Named One of America's Best Employers by Forbes
NORTH CANTON, Ohio, Feb. 9, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, has been recognized as one of America's Best Employers of 2021 by Forbes magazine. Timken earned a spot on the list, which is based on an independent survey of 50,000 employees in 25 industries, as one the leading midsized employers in the engineering and manufacturing sector.
Feb 08, 2021 05:51 am ET
Timken to Participate in the Citi 2021 Global Industrials Virtual Conference
NORTH CANTON, Ohio, Feb. 8, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will participate in the Citi 2021 Global Industrials Virtual Conference on Feb. 18, 2021. Participating on behalf of Timken will be Richard G. Kyle, president and chief executive officer and Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
Feb 04, 2021 05:51 am ET
Timken Reports Fourth-Quarter and Full-Year 2020 Results; Expects Strong Growth in 2021
NORTH CANTON, Ohio, Feb. 4, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported fourth-quarter 2020 sales of $891.7 million, down 0.5 percent from the same period a year ago, as the net impact of lower demand offset the favorable impact of acquisitions, currency translation and pricing.
Jan 18, 2021 06:00 am ET
Timken to Announce Fourth-Quarter and Full-Year 2020 Financial Results on Feb. 4
NORTH CANTON, Ohio, Jan. 18, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its 2020 fourth-quarter and full-year financial results on Thursday, Feb. 4, 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.
Jan 08, 2021 06:00 am ET
Timken Board of Directors Elects Sarah Lauber, Douglas Dynamics CFO
NORTH CANTON, Ohio, Jan. 7, 2021 /PRNewswire/ -- The Timken Company today announced the appointment of Sarah Lauber to its Board of Directors. The election will bring The Timken Company board to 12 members.
Dec 18, 2020 06:00 am ET
Timken Expands Manufacturing Footprint in the Americas
NORTH CANTON, Ohio, Dec. 18, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced the start of production at its new manufacturing facility in San Jose Iturbide, Mexico. The facility manufactures tapered roller bearings using the industry's most advanced automation and manufacturing technologies.  
Dec 08, 2020 06:00 am ET
Timken Launches More Than $75 Million of Investments in Wind and Solar Energy Markets
NORTH CANTON, Ohio, Dec. 8, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today announced more than $75 million in capital investments through early 2022 to increase the company's renewable energy capabilities across its global footprint.
Dec 02, 2020 10:00 am ET
Timken Named One of America's Most Responsible Companies by Newsweek
NORTH CANTON, Ohio, Dec. 2, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, has earned a spot on the America's Most Responsible Companies 2021 list compiled by Newsweek and Statista.
Dec 01, 2020 06:00 am ET
Timken Acquires Aurora Bearing Co.
NORTH CANTON, Ohio, Dec. 1, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired the assets of Aurora Bearing Company (Aurora). Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment and packaging. Its sales are expected to be around $30 million for the full year 2020.
Nov 24, 2020 06:00 am ET
Timken to Participate in the Melius Research Virtual Industrial Tech & Aerospace Forum
NORTH CANTON, Ohio, Nov. 24, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will participate in the Melius Research Virtual Industrial Tech & Aerospace Forum on Dec. 9, 2020. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
Nov 13, 2020 10:05 am ET
Timken Declares Quarterly Dividend of 29 Cents Per Share
NORTH CANTON, Ohio, Nov. 13, 2020 /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 approved a four percent increase to the company's quarterly cash dividend, raising it to 29 cents per share. The dividend is payable on Dec. 3, 2020, to shareholders of record as of Nov. 24, 2020.
Nov 02, 2020 06:00 am ET
Timken Details Vision to Build a More Efficient, Resilient World in 2019 CSR Report
NORTH CANTON, Ohio, Nov. 2, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today issued its 2019 corporate social responsibility (CSR) report and vision, inspired by engineering and systems thinking.
Oct 29, 2020 06:51 am ET
Timken Reports Third-Quarter 2020 Results
NORTH CANTON, Ohio, Oct. 29, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported third-quarter 2020 sales of $894.6 million, down 2.1 percent from the same period a year ago. The decline from the prior year was driven by lower demand in most end markets, partially offset by significant growth in renewable energy and the favorable impact of acquisitions. Third quarter sales were up 11.3 percent from the second quarter.
Oct 27, 2020 07:00 am ET
Timken to Participate in the Baird Global Industrial Virtual Conference
NORTH CANTON, Ohio, Oct. 27, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will participate in the Baird Global Industrial Virtual Conference on Nov. 10, 2020. Participating on behalf of Timken will be Richard G. Kyle, president and chief executive officer and Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
Oct 21, 2020 06:59 am ET
Timken's Philadelphia Gear to Supply Critical Components for U.S. Navy Frigate Program
NORTH CANTON, Ohio, Oct. 21, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), is building on its decades-long relationship with the United States Navy. The Navy recently announced that Fincantieri Marinette Marine (FMM) will build its new Constellation (FFG-62) Class of guided-missile frigates and FMM has chosen Timken's Philadelphia Gear business to supply the main reduction gears.
Aug 07, 2020 10:50 am ET
Timken Declares Quarterly Dividend of 28 Cents Per Share
NORTH CANTON, Ohio, Aug. 7, 2020 /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. 3, 2020, to shareholders of record as of Aug. 21, 2020.
Aug 03, 2020 06:51 am ET
Timken Reports Second-Quarter 2020 Results
NORTH CANTON, Ohio, Aug. 3, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported second-quarter 2020 sales of $803.5 million, down 19.7 percent from the same period a year ago. The decline was driven by lower demand attributable to the broad economic slowdown caused by COVID-19, and unfavorable currency, partially offset by the favorable impact of acquisitions.
Jul 15, 2020 07:00 am ET
Timken to Participate in the Jefferies Virtual Industrials Conference
NORTH CANTON, Ohio, July 15, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will participate in the Jefferies Virtual Industrials Conference on Aug. 5, 2020. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
Jul 06, 2020 07:00 am ET
Timken to Announce Second-Quarter 2020 Financial Results on Aug. 3
NORTH CANTON, Ohio, July 6, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its second-quarter 2020 financial results on Monday, Aug. 3, 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 14, 2020 07:00 am ET
Timken to Participate in the KeyBanc Industrials & Basic Materials Virtual Conference
NORTH CANTON, Ohio, May 14, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will participate in the KeyBanc Industrials & Basic Materials Virtual Conference on May 28, 2020. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
May 08, 2020 02:00 pm ET
Timken Declares Quarterly Dividend of 28 Cents Per Share
NORTH CANTON, Ohio, May 8, 2020 /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 3, 2020, to shareholders of record as of May 22, 2020.
May 01, 2020 06:51 am ET
Timken Reports First-Quarter 2020 Results
NORTH CANTON, Ohio, May 1, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported first-quarter 2020 sales of $923.4 million, down 5.7 percent from the same period a year ago. The decline was driven by lower demand in most end markets and unfavorable currency, partially offset by the favorable impact of acquisitions and positive pricing.
Apr 16, 2020 07:00 am ET
Timken To Hold Virtual Annual Shareholder Meeting for 2020
NORTH CANTON, Ohio, April 16, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will hold its Annual Meeting of Shareholders in a virtual meeting format at 10 a.m. EDT on Friday, May 8. Due to the public health impact of the COVID-19 pandemic and related government restrictions on large gatherings, and to protect the well-being of our employees and shareholders, Timken will not hold an in-person meeting this year. Timken currently expects to resume holding in-person meetings in the future.
Apr 09, 2020 07:00 am ET
Timken to Announce First-Quarter 2020 Financial Results on May 1
NORTH CANTON, Ohio, April 9, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will release its first-quarter 2020 financial results on Friday, 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.
Jan 23, 2020 08:00 am ET
G. research, LLC 30th Annual Pump, Valve & Water Systems Symposium
G. research, LLC will host its 30 th Annual Pump, Valve & Water Systems Symposium on Thursday, February 27th, 2020 in New York City. This research meeting will be moderated by Justin Bergner of G.Research, Jose Garza and Brett Kearney of Gabelli Funds and will feature presentations, fireside chats, and one-on-one meetings with senior Management of leading industrial companies. Emphasis will be on infrastructure spending, industrial demand, water systems and other pertinent industry dynamics.
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.

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