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The Timken Company


Company Profile
The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to original equipment manufacturers (OEMs) and end-users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment, and power sports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which include bearings, rotor-head assemblies, helicopter transmission systems, turbine engine components, gears, and housings. This segment sells its parts through a network of authorized automotive and heavy-truck distributors to individual end-users, equipment owners, operators, and maintenance shops. The Process Industries segment provides industrial bearings and assemblies; power transmission components, such as gears and gearboxes; and linear motion products, couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also offers aftermarket sales and service needs through a network of authorized industrial distributors; and repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end-users. The company offers its products under the Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.

CEO: Mr. Richard G. Kyle
Employees: 19000
Industry: Tools & Accessories
Sector: Industrials
Cusip: 887389104
Phone #: 234 262 3000
https://www.timken.com
Address:
4500 Mount Pleasant Street NW
North Canton, OH 44720-5450
Country: US

The Timken Company News
Timken Prices €600 Million Senior Notes Due in 2034

05/16/2024 4:30 PM NORTH CANTON, Ohio , May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global technology leader in engineered bearings and industrial motion, today announced the pricing of €600 million aggregate principal amount of 4.125% senior unsecured notes due in 2034 (the "Notes") in an underwritten public offering. The Notes will be issued at 98.832% of par, and the offering is expected to close on or about May 23, 2024, subject to the satisfaction of customary closing conditions.


Timken to Participate in the KeyBanc Industrials & Basic Materials Conference

05/16/2024 6:51 AM NORTH CANTON, Ohio , May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the KeyBanc Industrials & Basic Materials Conference on Thursday, May 30, 2024 in Boston, Mass. Participating on behalf of Timken will be Richard G.


Timken (TKR) Tops Q1 Earnings Estimates, Raises '24 View

05/03/2024 2:31 PM Timken (TKR) witnesses year-over-year declines in Q1 revenues and earnings from the record levels reported last year due to low volumes.


The Timken Company (TKR) Q1 2024 Earnings Call Transcript

04/30/2024 4:34 PM The Timken Company (NYSE:TKR ) Q1 2024 Earnings Conference Call April 30, 2024 11:00 AM ET Company Participants Meghan Elmblad - Interim Manager-Investor Relations Richard Kyle - President and Chief Executive Officer Philip Fracassa - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Blair - Oppenheimer Steve Barger - KeyBanc Chris Dankert - Loop Capital Operator Good morning, all. My name is Lydia and I'll be your conference operator today.


Timken (TKR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

04/30/2024 11:31 AM Although the revenue and EPS for Timken (TKR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.


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