CANTON, Ohio, May 12, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) today announced it will increase base prices on all special bar quality (SBQ) products by $30 per ton. These price increases are effective with shipments beginning on June 1, 2014 and apply only to non-contract pricing. Raw material surcharges remain in effect.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com), a global industrial technology leader, applies its deep knowledge of materials, friction management and power transmission to improve the reliability and efficiency of industrial machinery and equipment all around the world. The company engineers, manufactures and markets mechanical components and high-performance steel. Timken® bearings, engineered steel bars and tubes—as well as transmissions, gearboxes, chain, related products and services—support diversified markets worldwide. With sales of $4.3 billion in 2013 and approximately 19,000 people operating from 28 countries, Timken makes the world more productive and keeps industry in motion.
|
Media Contact: Pat Burnham |
Investor Contact: Steve Tschiegg |
|
Global Media Relations |
Director – Capital Markets & Investor Relations |
|
4500 Mount Pleasant Street, NW |
4500 Mount Pleasant Street, NW |
|
North Canton, OH 44720 U.S.A. |
North Canton, OH 44720 U.S.A. |
|
Telephone: (330)471-3514 |
Telephone: (330)471-7446 |
Logo - http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO
SOURCE The Timken Company
Contact
 |
Investor Relations Contact
Neil Frohnapple
Vice President of Investor Relations
Mail Code: TCH-03
The Timken Company
4500 Mount Pleasant Street NW
North Canton, OH 44720
Email: investors@timken.com
Transfer Agent
EQ Shareowner Services
P.O. Box 64874
St. Paul MN 55164-0874
Telephone: 800-401-1957
Outside US: 651-450-4064
shareowneronline.com
Shareholder Contact
Shareholder Services
Mail Code: TCH-03
The Timken Company
4500 Mount Pleasant Street NW
North Canton, OH 44720
Phone: (234) 262-4204
 |