Tag: TIMKEN
Timken to Expand Motion-Control Platform, Capabilities with Acquisition of CGI Inc.
Addition will create unmatched portfolio of precision drives
The Timken Company, a global technology leader in engineered bearings and industrial motion, has agreed to acquire CGI...
Adding Lubrication Management to the Timken Toolkit
Fresh oil often contains contaminants - debris and moisture that wear down bearings and gears and reduce machine life as well as profitability. In...
Timken Reports First-Quarter 2024 Results
Sales of $1.19 billion, down 5.7 percent from last year
First-quarter earnings per share of $1.46; adjusted EPS of $1.77
Strong margin performance in the quarter,...
Timken Introduces New Wireless Sensor and Condition Monitoring Solution
The Timken Company, a global leader in engineered bearings and industrial motion products, has launched a new wireless sensor and condition monitoring solution to...
Timken Recognized by Fortune as one of America’s Most Innovative Companies
The Timken Company, a global leader in engineered bearings and industrial motion products, has been named to Fortune's list of America's Most Innovative Companies for the...
The Timken Company Announces CEO Succession Plan
Industry executive Tarak Mehta named Timken's next president and CEO
Richard G. Kyle to retire as Timken president and CEO; will remain on the Timken Board of Directors
The...
Timken Issues 2023 Annual Report, Highlighting Record Results
The Timken Company has released its 2023 Annual Report, marking another year of revenue growth, expanded margins and record adjusted earnings per share.
"As the company...
Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023
Sales of $1.09 billion in the fourth quarter, up 1 percent from last year
Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37
Record full-year sales...
Timken Adds Engineered Sealing Solutions to Portfolio with Lagersmit Acquisition
The Timken Company, a global leader in engineered bearings and industrial motion products, has acquired Lagersmit, a Netherlands-based manufacturer of highly engineered sealing solutions for demanding...
Timken Reports Third-Quarter 2023 Results
Sales of $1.14 billion, up approximately 1 percent from last year
Third-quarter earnings per share of $1.23; adjusted EPS of $1.55
Strong cash from operations of $194...
