The Timken Co - Company Profile

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The Timken Co: Overview

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The Timken Co (Timken) is a developer, manufacturer and distributor of mechanical components. The company offers engineered bearings and power transmission products and services. Timken's engineered bearings portfolio offers tapered roller bearings, spherical and cylindrical roller bearings, ball bearings, housed bearings and plain bearings. Its power transmission products include linear motion products, lubrication systems, gear drives, belts, chain, couplings, industrial clutches and brakes, aerospace drive systems and other products, including seals and augers. Timken’s services components in the industrial customer's drive train include electric motors and generators, gearboxes, switch gears, bearings, couplings, central panels and assemblies, and maintenance services. It operates through distribution centers across the world. Timken is headquartered in Canton, Ohio, the US.

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Headquarters United States of America
Address 4500 Mt. Pleasant St. Nw, North Canton, Ohio, 44720-5450
Website www.timken.com
Telephone 1 234 2623000
No of Employees 19,602
Industry Industrial Goods and Machinery
Ticker Symbol & Exchange TKR (NYSE)
Revenue (2022) $4.8B 6.1% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -3.3% (2022 vs 2021)
Market Cap* $6.0B
Net Profit Margin (2022) XYZ -8.8% (2022 vs 2021)
* As of and is in US$
View The Timken Co financials
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The Timken Co premium industry data and analytics

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IT Services Contracts

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Products and Services

Products Services Brands
Engineered Bearings: Bearing Remanufacturing Timken
Tapered Roller Bearing Repair Services for Industrial Components Rollon
Ball Bearings Training Beka
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Acquisitions/Mergers/Takeovers In December, the company acquired Lagersmit, a manufacturer of engineered sealing solutions.
2023 Acquisitions/Mergers/Takeovers In November, the company acquired Engineered Solutions Group.
2023 Acquisitions/Mergers/Takeovers In October, the company acquired Rosa Sistemi S.p.A.
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Competitor Comparison

Key Parameters The Timken Co Schaeffler AG JTEKT Corp Linamar Corp NSK Ltd
Headquarters United States of America Germany Japan Canada Japan
City North Canton Herzogenaurach Kariya-Shi Guelph Shinagawa-Ku
State/Province Ohio Bayern Aichi Ontario Tokyo
No. of Employees 19,602 83,362 46,053 31,000 29,882
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Richard G. Kyle Chief Executive Officer; President; Director Executive Board 2014 57
Philip D. Fracassa Executive Vice President; Chief Financial Officer Senior Management 2014 54
John M Timken Jr Chairman Non Executive Board 2014 71
Christopher Coughlin President - Industrial Motion; Executive Vice President Senior Management 2022 62
Sanjay Koul Managing Director - India; President - India and Southeast Asia Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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