NORTH CANTON, Ohio,
April 22, 2021 /PRNewswire/
-- The Timken Company (NYSE: TKR; www.timken.com), a global
industrial leader in engineered bearings and power transmission
products, offers the most comprehensive end-to-end drivetrain
repair and overhaul solutions in the
United States using expertise solely within its network of
brands. Timken's broad electromechanical knowledge and capabilities
transcend any single service category to create a differentiated
offering. By using Timken's services, customers save money and
contribute to the circular economy by extending the lives of
mission critical equipment and parts that are essential to keeping
the world in motion.
"Greater efficiency has always been core to our operations and
product innovations," said Carl
Rapp, Timken group vice president. "It's important for all
of our customers to know that bearings, gear drives and motors can
often be returned to good-as-new condition, with a new warranty,
following a normal service outage or failure. We continuously
leverage our engineering expertise to develop more sustainable
solutions that extend the life of these essential machine parts,
while reducing their cost, waste and carbon footprint. Keeping
high-quality steel in the recycling loop protects the environment
and contributes to the circular economy."
Timken has more than a century of combined experience
remanufacturing bearings, gear drives, electric motors and
generators. The company offers a complete line of services that
consume significantly less raw material than manufacturing new
products. Through its industrial repair and service business,
Timken helps reduce the environmental impact by recycling more than
1,000 tons of steel and 75 tons of copper each year from service
parts that can't be reused.
As part of its contribution to the circular economy, Timken
recertifies, reconditions, remanufactures, and modifies most types
of bearings. For gear drives, electric motors and generators, the
company also offers emergency repair, upgrade and uprating services
that can help restore customers' equipment to "like-new" condition.
Taking advantage of these services can save customers up to 60
percent compared to the cost of a new product, and Timken offers an
industry-leading warranty.
Customers typically send out-of-service parts to Timken, which
conducts a detailed inspection and restoration process and returns
like-new bearings, gear drives and motors in often significantly
less time than it takes to manufacture new products. Many customers
also keep repaired parts as spares. When a damaged part needs to be
replaced, they can pull from their own inventory, send the damaged
unit to Timken to be repaired or rebuilt and continue the cycle of
sustainability with minimum downtime. In many cases, parts can be
repaired multiple times without sacrificing quality, safety or
performance.
Timken is globally recognized for its innovative problem solving
and specialized engineering expertise in bearings and power
transmission products. The ability to access Timken know-how and
resources makes complex drivetrain repair projects easier for
customers to complete on time and within budget. And those benefits
apply across industries – from renewable energy to rail, aerospace,
mining, water management, power generation and many other
industries that play vital roles in moving the world forward.
About The Timken Company
The Timken
Company (NYSE: TKR; www.timken.com) designs a growing
portfolio of engineered bearings and power transmission products.
With more than a century of knowledge and innovation, we
continuously improve the reliability and efficiency of global
machinery and equipment to move the world forward. Timken
posted $3.5 billion in sales in 2020
and employs more than 17,000 people globally, operating from 42
countries. Timken is recognized among America's Most Responsible
Companies by Newsweek, the World's Most Ethical
Companies® by Ethisphere and America's Best Employers by
Forbes.
Media Relations:
Scott
Schroeder
234.262.6420
scott.schroeder@timken.com
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SOURCE The Timken Company