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Timken Company

#2911

Rank

$5.12B

Marketcap

US United States

Country

Timken Company
Leadership team

Mr. Hansal N. Patel (VP, Gen. Counsel & Sec.)

Mr. Richard G. Kyle (Pres, CEO & Director)

Mr. Philip D. Fracassa (Exec. VP, CFO & Principal Accounting Officer)

Products/ Services
Machinery
Number of Employees
1,000 - 20,000
Headquarters
Canton, Ohio, United States
Established
1899
Company Registration
SEC CIK number: 0000098362
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
TKR
Social Media
Overview
Location
Summary
The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to original equipment manufacturers (OEMs) and end-users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment, and power sports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which include bearings, rotor-head assemblies, helicopter transmission systems, turbine engine components, gears, and housings. This segment sells its parts through a network of authorized automotive and heavy-truck distributors to individual end-users, equipment owners, operators, and maintenance shops. The Process Industries segment provides industrial bearings and assemblies; power transmission components, such as gears and gearboxes; and linear motion products, couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also offers aftermarket sales and service needs through a network of authorized industrial distributors; and repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end-users. The company offers its products under the Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.
History

The Timken Company was founded in 1899 by Henry Timken, who had previously worked as a mechanic in a wagon repair shop. With his patented tapered roller bearing design, Timken helped revolutionize the automotive and industrial machinery industries. Today, Timken is a global leader in bearing design, manufacturing and service. The company has operations in more than 25 countries, and its products are found in cars, machines and equipment in almost every industry.

Mission
Our mission is to improve the efficiency and performance of our customers’ equipment by delivering the highest quality products and services with industry-leading technology and innovation.
Vision
Our vision is to be the benchmark for excellence in the global industrial and automotive industry.
Key Team

Mr. Christopher A. Coughlin (Exec. VP & Pres of Industrial Motion)

Mr. Karl Andreas Roellgen (Exec. VP & Pres of Engineered Bearings)

Mr. Douglas H. Smith (VP of Technology)

Mr. Neil Andrew Frohnapple (Director of Investor Relations)

Ms. Kari Groh (VP of Communications & PR)

Mr. Michael J. Connors (VP of Global Marketing)

Ms. Natasha Pollock (VP of HR)

Recognition and Awards
The Timken Company has been recognized for excellence in innovation, quality, customer service and corporate responsibility. The company has received numerous awards and honors, including being named to the Fortune 500 list for 2021, ranking number 500 on the 2021 Dow Jones Sustainability Index, and winning the Vehicle Technology Award for 2021 from J.D. Power and Associates.
References

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Timken Company
Leadership team

Mr. Hansal N. Patel (VP, Gen. Counsel & Sec.)

Mr. Richard G. Kyle (Pres, CEO & Director)

Mr. Philip D. Fracassa (Exec. VP, CFO & Principal Accounting Officer)

Products/ Services
Machinery
Number of Employees
1,000 - 20,000
Headquarters
Canton, Ohio, United States
Established
1899
Company Registration
SEC CIK number: 0000098362
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
TKR
Social Media