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 2023 Company sales