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Tag: TIMKEN

Timken Reports Third-Quarter 2025 Results

 Sales of $1.16 billion, up 2.7 percent from last year Third-quarter diluted EPS of $0.99; adjusted EPS of $1.37 Net income margin of 6.0 percent; adjusted...

Timken Applies to Cease Being a Reporting Issuer in Canada

 The Timken Company announced that it has applied to the Ontario Securities Commission (the "OSC"), as principal regulator for an order to cease being...

Timken Names Lucian Boldea President and Chief Executive Officer

 Timken announced that its Board of Directors has appointed Lucian Boldea the company's president and CEO and member of the Board, effective Sept. 1, 2025. Boldea will...

TIMKEN Factory Auction: Roller Bearing Grinding & CNC and Bearing Heat...

 WEBCAST AUCTION Date: Wednesday, August 27 at 10am ET Locations: Hiddenite & Morganton, NCPreview: August 26, 9am-4pm ET or by appointmentDon’t miss this exclusive webcast auction...

Timken Names Michael A. Discenza Chief Financial Officer

 The Timken announced that its Board of Directors has appointed Michael A. Discenza vice president, chief financial officer and an officer of the company,...

Timken Reports Second-Quarter 2025 Results

 Sales of $1.17 billion, down less than 1 percent from last year Second-quarter diluted EPS of $1.12; adjusted EPS of $1.42 Strong cash from operations of $111...

Timken to Announce Second-Quarter 2025 Financial Results on July 30

 The Timken Company will release its 2025 second-quarter financial results on Wednesday, July 30, prior to the opening of the New York Stock Exchange....

Timken Names Timothy A. Graham President of Industrial Motion

 The Timken announced the appointment of Timothy A. Graham as president of Industrial Motion and an officer of the company, effective immediately. Graham, who...

Timken Opens New Lubrication Systems Plant in Suzhou to Boost Local...

 Timken expands footprint in China with strategic investment in high-tech districtSuzhou, April 13, 2025 –Timken has officially opened a new Groeneveld-BEKA (GVBK) manufacturing facility in...

Timken Reports First-Quarter 2025 Financial Results

 Sales of $1.14 billion, down 4.2 percent from last year First-quarter diluted EPS of $1.11; adjusted EPS of $1.40 Updates full-year 2025 outlook to reflect net...