Timken’s success is interconnected with the world’s economic, social and environmental well-being. To that end, we take seriously our responsibility to engage in the global conversation about public policy. Our focus is on effectively and efficiently creating opportunities and managing risks for our business units and corporate centers. We actively promote policies that support the manufacturing industry.
We communicate and advocate our position by building relationships with government officials, peer companies and business organizations in countries where Timken has a significant presence. We offer government affairs training for Timken executives and management personnel to build knowledge about the government process, and we work with government to achieve shared goals.
We added a new position to our government affairs team in 2008 to focus on global government relations. In 2009, we plan to strengthen our global government affairs practices by monitoring the public policy, geopolitical and macroeconomic trends that affect our business in multiple geographies. We also will be expanding our dialogue with government officials globally to better understand how social, environmental and economic priorities intersect with Timken's capabilities and priorities.