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Tag: TIMKEN

Timken Provides Update on 2021 Performance

 Timken today announced that it expects lower sales and earnings in the second half of 2021, compared to the company's prior expectations. Timken's results...

Timken Acquires Intelligent Machine Solutions

  Expanding Rollon® Linear Motion Solutions in Industrial Robotics The Timken Company has acquired Intelligent Machine Solutions (iMS), a manufacturer of industrial robotics and automation solutions. The...

Timken Reports Strong Second-Quarter 2021 Results

 Posted record sales of $1.06 billion, up 32 percent from last year Delivered earnings per diluted share of $1.36 on a GAAP basis,...

Timken Positioned for Strong Growth in Automatic Lubrication Systems with Industry-Leading...

  Company’s Groeneveld® and BEKA® brands expected to achieve double-digit CAGR through 2025 as more customers turn to automatic lubrication systems The Timken Company, a global...

Timken Innovation Drives Market Sector Outgrowth and Industry Leadership In Wind...

  Company’s wind energy revenue grew at 17% CAGR over the past 5 years, more than double the industry growth rate The Timken Company, the global...

Timken expands Xiangtan manufacturing plant

 US bearing manufacturer Timken held a groundbreaking ceremony for a new project in Xiangtan High-Tech Industrial Development Zone (PRC, Hunan Province) on March 15...

Timken Reports Record First-Quarter 2021 Results; Raises Full-Year Outlook

 Posted record sales of $1.03 billion, up 11 percent from last year Delivered strong earnings per diluted share of $1.47 on a GAAP...

Timken to Announce First-Quarter 2021 Financial Results on April 28

 The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its first-quarter 2021 financial results...

Timken Releases 2020 Annual Report

 The Timken Company, a global industrial leader in engineered bearings and power transmission products, recently released its 2020 Annual Report. It details how the company...

Timken Engineers Design Bearings for the Next Mars Rover

 On 18 February 2021, a new rover landed on Mars with a mission to search for signs of ancient microbial life. When that day...