The Timken Co., the North Canton, Ohio, global leader in engineered bearings and power transmission products, completed the previously announced acquisition of Cone Drive on Sept. 1.
This was one of two acquisitions the company announced this past July.
Cone Drive is headquartered in Traverse City, Michigan, and has manufacturing operations in the United States and China. The company is a supplier of precision drives used in markets including solar, automation, aerial platforms and food and beverage.
The company has a global customer base and employs approximately 500 people. The business produces a broad range of highly customizable precision drive products that include Cone Drive- and H-Fang-branded high-torque worm gears, harmonic solutions and precision slew drives.