Timken Global Citizenship Report 2008

Global Citizenship 

Ward J. Timken, Jr. (Chairman) & James W. Griffith (President & CEO)

The roots of our social responsibility extend back to our founder, Henry Timken. He understood that solving the problem of friction in moving objects “fundamentally would achieve something of real value to the world,” leading to his invention of tapered roller bearings.

 

For more than 110 years, Timken has been helping the world move faster, safer and more productively by applying our knowledge of friction management and power transmission. Our ability to leverage bearings and specialty steel, which remain the heart of this company, into something more enduring stems from a core set of values: ethics and integrity, quality, innovation and independence.

 

Throughout our history, we have measured our performance not only by financial returns, but by the success of our stakeholders: our customers, suppliers, associates and the communities in which we live and work. We are dedicated to helping them succeed. Doing the right thing, with a long-term view of our actions, is a hallmark of this company and the Timken brand. It is also one of the reasons many of our associates choose to spend their careers at Timken.

 

We remain committed to global citizenship, knowing that it touches every aspect of our business and underscores the policies and practices to which we hold ourselves accountable. By continuing to grow our enterprise in ways that build sustainable value, we help to fulfill our responsibility to associates, our communities, the environment and to our investors and business partners.

 

When our products and our people perform with integrity, we all benefit.

 

Ward J. Timken, Jr.
Chairman

James W. Griffith

President and Chief Executive Officer