The Timken Company (NYSE: TKR) keeps the world turning, with innovative friction management and power transmission products and services, enabling our customers to perform faster and more efficiently. Timken is Where You Turn™ for better performance.
Market Segments Served
The Timken company provides friction management and power transmission solutions for many major market segments, including aerospace, automotive, construction, consumer, defense, energy, industrial equipment, health, heavy industry, machine tool, positioning control, power generation and rail.
Timken in Numbers
- 2008 Sales: $5.7 billion.
- Total number of associates worldwide: approx. 25,000.
- Total number of facilities: 61 plants and 103 sales offices, technology centers and distribution warehouses located in 26 countries on six continents.
- Paid 347th consecutive quarterly dividend in 2008.
- Listed in the New York Stock Exchange since 1922.
Technology
Twelve technology centers located in Canton and North Canton, OH; Bangalore, India; Brno, Czech Republic; Colmar, France; Greenville, SC; Künsebeck, Germany; Lebanon and Keene, NH; Manchester, CT; Mesa, AZ and Ploiesti, Romania.
Quality
- As of 2008, Timken’s plants and distribution centers received 100 quality certifications under ISO 9001, ISO/TS 16949, AS9100, M-1003, OHSAS18001 and other quality certifications.
Environmental
- As of 2008, 28 plants were ISO certified.
Joint Ventures
Advanced Green Components, LLC – Winchester, KY, U.S.A.
Bardella Timken Industrial Services Ltda. – Sao Paulo, Brazil
CoLinx, LLC – Greenville, SC, U.S.A. (PTplace.com)
Endorsia.com International AB – Gothenberg, Sweden
Friction Management Services, LLC – Medina, OH, U.S.A.
Industria Cuscinetti S.p.A (ICSA) – Turin, Italy
International Components Supply Limitada – Sao Paulo, Brazil
S.E. SETCO Service Co. – Norcross, GA, U.S.A.
Timken XEMC (Hunan) Bearings Co., Ltd. – Xiangtan, China