Business Description
The Company was founded in 1899 by Henry Timken, who received two patents on
the design of a tapered roller bearing. Timken later became, and continues to
be, the worlds largest manufacturer of tapered roller bearings, leveraging
its expertise to develop a full portfolio of industry-leading products and services.
Timken built its reputation as a global leader by applying its knowledge of
metallurgy, friction management and mechanical power transmission to increase
the reliability and efficiency of its customers equipment across a diverse
range of industries. Today, the Companys global footprint consists of 73 manufacturing
facilities/service centers, 15 technology and engineering centers, and 25 distribution
centers and warehouses, supported by a team comprised of more than 14,000 employees.
Timken operates in 28 countries around the globe.
Timken manufactures and manages global supply chains for multiple product lines
including anti-friction bearings and mechanical power transmission products
designed to operate in demanding environments. The Company leverages its technical
knowledge, research expertise, and production and engineering capabilities across
all of its products and end markets to deliver high-performance products and
services to its customers. Differentiation in these product lines is achieved
by either: (1) product type or (2) the targeted applications utilizing the product.
Timken operates a network of technology and engineering centers to support
its global customers with sites in North America, Europe and Asia. This network
develops and delivers innovative friction management and mechanical power transmission
solutions and technical services. Timkens largest technical center is located
at the Companys world headquarters in North Canton, Ohio. Other sites in the
United States include Manchester, Connecticut; Downers Grove and Fulton, Illinois;
Springfield, Massachusetts; Springfield, Missouri; Keene and Lebanon, New Hampshire;
and King of Prussia, Pennsylvania. Within Europe, the Company has technology
facilities in Plymouth, England; Colmar, France; Werdohl, Germany; and Ploiesti,
Romania. In Asia, Timken operates technology and engineering facilities in Bangalore,
India and Shanghai, China.