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 At Timken, Turning Ethics into Action in the global community means:
- We deliver our products and services in compliance with international trade laws.
- We conduct business on our own merits and do not engage in corrupt business practices such as bribery or extortion.
- We participate in strengthening our communities.
We deliver our products and services to countries throughout the world. As a result, our activities are governed by international trade laws. These laws, including export laws and regulations, are established country by country. They are similar in many ways due to several international organizations and treaties. In fact, many of the export and import or customs laws and regulations tend to be similar between the countries in which Timken operates. It is important that we know and follow such laws in all of our trading activities.
We are responsible for complying with local laws in the countries where we do business. As a U.S.-based company, we must also comply with a number of U.S. laws in our operations outside of the United States. Take the following steps to comply with international trade laws:
- Use our enterprise resource planning (ERP) system for business transactions.
- Conduct “arm’s length” business transactions where the parties act independently.
- Ensure documentation is accurate, complete and transparent.
- Know and validate your transaction.
Restricted party screening
Export-controlled products (munitions)
Duty-free programs (NAFTA)
Country of origin
Import and export classifications
Using the ERP system and Tradesphere
Frequently asked questions and contact lists
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