CANTON, Ohio, June 17 /PRNewswire-FirstCall/ -- Timken Alloy Steel Europe Limited, a subsidiary of The Timken Company, announced it would increase base prices on steel tubing by a minimum of 7.5 percent. These price increases apply to all tubing despatched from July 1, 2004. Raw material surcharges will continue to be levied at the rates ruling at date of despatch.
The Timken Company (NYSE: TKR, www.timken.com) is a leading global manufacturer of highly engineered bearings and alloy steels and a provider of related products and services with operations in 29 countries. The company recorded 2003 sales of $3.8 billion and employed approximately 26,000 at year-end.
Media Contact: Robert G. Bourquin, Senior Communications Representative, (330) 471-7106, or http://www.timken.com/media
Investor Contact: Kevin R. Beck, Manager - Investor Relations, (330) 471-7181
SOURCE The Timken Company
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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
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Mail Code: TCH-03
The Timken Company
4500 Mount Pleasant Street NW
North Canton, OH 44720
Phone: (234) 262-4204
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