Successful Repositioning of the Company to Perform Through Cycles
Since 2008, Timken has transformed into a multi-product line bearings and industrial motion provider across mobile and process industries globally. Today, our diverse market mix, strong aftermarket position, improved pricing model, and optimized footprint prepares us to perform better through cycles. In addition, our strong free cash flow allows us to continue to invest through a cycle in organic and inorganic initiatives, all while returning capital to our shareholders.
* % of total 2022 Company sales