Timken Company history, profile and corporate video
The Timken Company (Timken) develops, manufactures, markets and sells products for friction management and mechanical power transmission, alloy steels and steel components. The Timken Company manufactures and manages global supply chains for two core product lines: anti-friction bearings and adjacent mechanical power transmission components, as well as specialty steel and related precision steel components. Its products and services include bearings and power transmission, tapered roller bearings, precision cylindrical and ball bearings, spherical and cylindrical roller bearings, chains and augers, gear-drive systems, aerospace products and services, steel and precision steel components. Timken operates in 30 countries and territories. On October 3, 2011, it acquired Drives LLC (Drives). On July 1, 2011, Timken acquired Philadelphia Gear Corp. (Philadelphia Gear). In January 2013, it acquired the assets of Wazee Companies, LLC. In March 2013, it acquired Interlube Systems Ltd.”
History of The Timken Company
For more than 100 years, Timken has focused on value creation for diverse industries and market segments. We’ve grown considerably since our founding in 1899, but solving customer problems is still at the core of our business, just like it was when founder Henry Timken patented a tapered roller bearing design that made life easier for freight wagon operators and their mules.
Henry Timken, a St. Louis carriage maker, recognized that heavy freight wagons had a hard time making sharp turns. To solve the problem, he applied a tapered roller bearing design that could handle both radial (weight) and thrust (cornering force) loads. There were several customer benefits. First, the application ran more smoothly, reducing repair and replacement costs. In some cases, the bearings improved wagon performance so much that fewer mules were required to pull them. Finally, better cornering meant less chance of losing a load of goods. Always focused on customer benefit, Henry quickly realized that the tapered roller bearing could improve product performance in many other applications as well. He and his sons, H.H. and William Timken, quickly founded The Timken Roller Bearing and Axle Company and began building the business into what it is today.”
*Information from Forbes.com and Timken.com
**Video published on YouTube by “TheTimkenCompany“