The Timken Company is a manufacturer of bearings, which are machine elements that constrain motion and reduce friction between moving parts.
The company was founded by Henry Timken in 1899 in St. Louis as The Timken Roller Bearing Axle Company. In 1898 Henry Timken was granted a patent for tapered roller bearing, which were revolutionary at the time because they reduced friction and therefore did not fail as frequently as the previously used “friction bearings.”
In addition to bearings, The Timken Company produces power transmission components, lubricants, seals, and motion control systems.
Customers include makers of race cars, heavy-duty trucks, light-duty trucks, heavy-duty industrial vehicles, railways and locomotives, and the military.
Timken Company is traded publicly on the New York Stock Exchange under the ticker symbol TKR, is a member of the S&P 400, is #568 in the Fortune 500, has 17,000 employees, and had $4.37 billion in revenue in 2013.
Timken CompanyThe Timken Company is a manufacturer of bearings, which are machine elements that constrain motion and reduce friction between moving parts.
The company was founded by Henry Timken in 1899 in St. Louis as The Timken Roller Bearing Axle Company. In 1898 Henry Timken was granted a patent for tapered roller bearing, which were revolutionary at the time because they reduced friction and therefore did not fail as frequently as the previously used “friction bearings.”
In addition to bearings, The Timken Company produces power transmission components, lubricants, seals, and motion control systems.
History
Customers include makers of race cars, heavy-duty trucks, light-duty trucks, heavy-duty industrial vehicles, railways and locomotives, and the military.
Timken Company is traded publicly on the New York Stock Exchange under the ticker symbol TKR, is a member of the S&P 400, is #568 in the Fortune 500, has 17,000 employees, and had $4.37 billion in revenue in 2013.
