Tag: TIMKEN
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...
Timken Completes Acquisition of Engineered Solutions Group (iMECH)
The Timken Company, a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of Engineered Solutions Group (a.k.a....
Timken to Acquire Engineered Solutions Group (iMECH), Expanding Engineered Bearings Portfolio
The Timken Company, a global leader in engineered bearings and industrial motion products, has reached an agreement to acquire Engineered Solutions Group (a.k.a. Innovative...
Timken Expands Linear Motion Offerings with Rosa Sistemi Acquisition
The Timken Company, a global leader in engineered bearings and industrial motion products, has acquired Rosa Sistemi S.p.A., a European designer and manufacturer of...
Timken Acquires Des-Case, Adding Filtration Solutions to Industrial Motion Portfolio
The Timken Company, a global leader in engineered bearings and industrial motion products, has acquired Des-Case Corp., a Nashville, Tenn.-based manufacturer of specialty filtration products...
Timken Reports Strong Second-Quarter 2023 Results
Record sales of $1.27 billion, up 10 percent from last year
Second-quarter EPS of $1.73; adjusted EPS of $2.01
Net income margin of 9.8 percent; adjusted...
Turning Electric Flight into Reality
Aviation accounts for about 2.5% of global CO2 emissions, and aircraft engineers worldwide are working to turn flying into a cleaner, greener enterprise. Electric flight,...
Timken Reports Record First-Quarter 2023 Results
Record sales of $1.26 billion, up 12 percent in total and 11 percent organically from last year
Record first-quarter EPS of $1.67; with all-time record...
Timken to Announce First-Quarter 2023 Financial Results on May 3
The Timken Company, a global leader in engineered bearings and industrial motion products, will release its first-quarter 2023 financial results on Wednesday, May 3,...
Rollon + Nadella: Stronger Together
We are pleased to share that, today, the Timken Company has completed its previously announced acquisition of Nadella Group.
Nadella Group is a leading manufacturer...