Timken Reports Second Quarter 2016 Results
In the second quarter, Timken posted net income of $44.9 million or 57 cents per diluted share, versus net income of $36.7 million or 43 cents per diluted share for the same period a year ago.
Timken Names Brett Blauner As National Sales Manager For Automotive Aftermarket – Light Vehicle
Blauner is responsible for managing U.S. sales development for the light vehicle automotive aftermarket.
Timken Reports First Quarter 2016 Results
The company has reported adjusted earnings of 46 cents per diluted share (EPS) in the quarter on sales of $684 million.
Timken Appoints New Executive Sales And Marketing Roles
Brian Ruel leads the company’s selling team across the Americas, and Andreas Roellgen will oversee the Timken sales organization for the rest of the world.
Timken Awards Scholarships To 17 Children Of Employees Around The World
These scholarships are funded by The Timken Co. Charitable and Educational Fund Inc. The program has awarded more than $22 million in scholarships since its founding in 1958.
Timken Rewards Tech Series Participants
During November and December of 2015, anyone who completed a Tech Series course test was automatically entered in a drawing for a prize, with Timken randomly selecting two winners each month.
Expanded Line Of Timken Deep-Groove Ball Bearings Delivers Run-Quiet Performance
Featuring super-finished raceways and controlled internal geometries, Timken deep-groove ball bearings are designed to deliver run-quiet operation, with best-in-class noise and vibration performance.
Timken Awards 2015 Representative Of The Year And Manufacturer’s Rep Agency At AAPEX
Jim Kruger of NA Williams-Midwest and Hirsig-Frazier were selected as this year’s winners.
Timken Reports Second-Quarter Results, Updates Outlook
Excluding currency impact of 5 percent, sales were down approximately 3 percent, which the company said was primarily due to market-related declines in the Mobile Industries segment that were partially offset by organic growth in the Process Industries segment.
Timken Adds Full Line Of Wheel End Parts
Timken commercial vehicle wheel end components include tapered roller bearings, seals, nuts, hub caps, hubodometers and accessory tools.