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Tag: TIMKEN

Timken Reports Record First-Quarter 2022 Results

 Record sales of $1.125 billion, up approximately 10 percent from last year Record first-quarter earnings per diluted share of $1.56 on a GAAP basis, with all-time...

SKF, Timken and Schaeffler Announce Quarter 1 Results

  Check-out on the links below the detailed Q1 results for SKF, Timken and Schaeffler.Q1 results SKF: SKF First-quarter report 2022: Strong growth with improved...

Timken to Acquire Spinea

  Timken to Acquire Spinea, Expanding Its Robotics and Automation Offering in Attractive and Growing End Market Sectors The Timken Company, a global industrial leader in...

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

 https://youtu.be/EQDO-8N5c18Check out what's rolling in the bearing industry!1. Fersa Group: 00:05 - 00:12 - more info at the link 2. JTEKT: 00:12 - 00:21 -...

Bearing Industry Updates related to Ukraine – Russia conflict (April 2022)

SKF announced that it has decided to cease all business and operations in Russia. The intention is to divest the business in a controlled...

Timken Issues 2021 Annual Report

  Detailing Company's Resilience, Record Results, Commitment to Social Responsibility and Future Growth Opportunities The Timken Company, a global industrial leader in engineered bearings and power...

Timken Reports Fourth-Quarter and Full-Year 2021 Results

  Sales of $1.01 billion in the fourth quarter, up 13 percent from last year Fourth-quarter earnings per diluted share of $0.82 on a...

Timken Reports Third-Quarter 2021 Results

 Sales of $1.04 billion, up 16 percent from last year Earnings per diluted share of $1.14 on a GAAP basis; adjusted earnings per...

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...