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Because Timken is a U.S.-based company, we must follow U.S. laws and regulations that prohibit boycotts not sanctioned by the United States. A “boycott” occurs when one person, group or country refuses to do business with certain people or countries. If you receive or think you may have received a boycott request, notify legal services immediately.
U.S. law prohibits us from participating in restrictive trade practices or boycotts imposed by foreign governments against certain other countries or against any U.S. citizens or companies. The law requires us to report certain requests to comply with boycott-related requirements. If you become aware of one or more requests for prohibited activities, notify the manager – global trade and compliance, immediately. Failing to report such demands or requests to the U.S. Office of Boycott Compliance can result in severe penalties, so please be sure to report any questionable activity to legal services.
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