NORTH
CANTON, Ohio, Nov. 1, 2023
/PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a
global leader in engineered bearings and industrial motion
products, has completed its previously announced acquisition of
Engineered Solutions Group (a.k.a. Innovative Mechanical Solutions
or iMECH).
iMECH manufactures thrust bearings, radial bearings, specialty
coatings and other components primarily used in the energy
industry. The business employs approximately 70 people and projects
revenue of around $30 million for
calendar year 2023.
About The Timken Company
The Timken Company (NYSE:
TKR; www.timken.com) designs a growing portfolio of
engineered bearings and industrial motion 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 $4.5
billion in sales in 2022 and employs more than 19,000 people
globally, operating from 46 countries. Timken has been recognized
among America's Most Responsible Companies by Newsweek,
the World's Most Ethical Companies® by
Ethisphere, America's Most Innovative Companies by
Fortune and America's Best Large Employers, Best
Employers for New Graduates and Best Employers for
Women by Forbes.
Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com
Investor Relations:
Neil Frohnapple
234.262.2310
neil.frohnapple@timken.com
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SOURCE The Timken Company