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Tag: TIMKEN

Timken Completes Acquisition of GGB Bearings

 The Timken Company, a global leader in engineered bearings and industrial motion products, has completed its previously announced acquisition of GGB Bearings.Founded in 1899, GGB Bearings serves a variety of diverse customers, markets, geographies...

Timken Reports Strong Third-Quarter 2022 Results

 Sales of $1.14 billion, up nearly 10 percent in total and 14 percent organically from last year Third-quarter earnings per diluted share of $1.18 on a...

What’s Rolling in the bearing industry? ..October 2022 – video

Check out the latest updates and what's rolling in the bearing industry!https://youtu.be/RzuFuaVXgC01. Axel Johnson International: 00:06 - 00:12 - more info at the link. 2....

Enabling the Most Powerful Telescope Ever Constructed

 Science is an evolution. Galileo used his telescope in 1610 to help disprove the era’s common belief that most celestial objects revolved around the...

Timken Issues Annual CSR Report, Sets 2030 Target for Greenhouse Gas...

 The Timken Company, a global industrial leader in engineered bearings and industrial motion products, today released its annual corporate social responsibility (CSR) report and announced a 2030 environmental target to reduce aggregate Scope...

Timken to Acquire GGB Bearing Technology, Expanding Its Engineered Bearing Portfolio...

 The Timken Company, a global leader in engineered bearings and industrial motion products, has reached an agreement to acquire GGB Bearing Technology (GGB), a...

Timken Announces Executive Officer Appointments

 Christopher Coughlin named executive vice president and president of industrial motion Andreas Roellgen named executive vice president and president of engineered bearings Natasha Pollock, vice...

Timken Reports Record Second-Quarter 2022 Results; Raises Full-Year Earnings Outlook

 Record sales of $1.15 billion, up 11 percent organically from last year Record second-quarter earnings per diluted share of $1.42 on a GAAP basis, with all-time...

Timken Providing Precision Drives for First-of-Its-Kind Solar Power Project in South...

 The Timken Company, a global industrial leader in engineered bearings and power transmission products, has been selected as the exclusive provider of advanced precision...

Timken Providing Bearings for GE’s Haliade-X: The World’s Most Powerful Offshore...

  Technically advanced bearings allow for increased turbine size  and help maximize efficiency and durability The Timken Company, a global industrial leader in engineered bearings and...