11 Facts About Timken Company

1.

Timken Company is a global manufacturer of bearings and power transmission products.

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2.

In 1898, Henry Timken obtained a patent for an improved tapered roller bearing, and in 1899 incorporated as The Timken Roller Bearing Axle Company in St Louis.

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3.

Timken Company entered international markets in the early 1900s, establishing a presence initially in Great Britain, France and Germany.

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4.

Timken Company entered the Great Depression in a strong financial position and its performance placed it in the ranks of the most solid, well-managed industrial firms of the 1930s.

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5.

Timken Company expanded into new global markets throughout the 1970s and 1980s, establishing a sales operation in Japan in 1974 and opening sales offices in Italy, Korea, Singapore and Venezuela in 1988.

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6.

Timken Company changed its corporate structure in 2014; the roller bearing-producing part of the company was separated from the steel-producing part of the company, resulting in two separate companies.

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7.

The Timken Company continues to manufacture roller bearings, while TimkenSteel produces steel.

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8.

Timken Company is currently focused on expanding its tapered roller bearings and growing its offering of industrial bearings and mechanical power transmission products and services.

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9.

Timken Company brands include: Timken bearings, Fafnir bearings, EDT bearing housed units, Lovejoy couplings and universal joints, Carlisle belts, Cone Drive worm gear drives, Drives chain, Diamond chain, Groeneveld-BEKA lubrication, Interlube lubrication systems, PT Tech industrial clutches and brakes, R+L Hydraulics hydraulic components, Rollon linear motion products and Torsion Control Products spring couplings.

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10.

Timken Company operates Timken Power Systems, which supplies and services industrial drivetrain customers with repair, upgrade and service for bearings, gearboxes and electric motors.

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11.

In 2018, Timken India acquired ABC Bearings, an Indian bearings manufacturing company.

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