The Timken Co.
| New York Stock Exchange: TKR
The Timken Co. engineers, manufactures and markets mechanical components and high-performance steel. The company's bearings, engineered-steel bars and tubes as well as transmissions, gearboxes, chain and related products and services support diversified markets worldwide. It operates through four segments: Mobile Industries, Process Industries, Aerospace and Steel. The Mobile Industries segment provides bearings, mechanical power transmission components, drive-chains, roller-chains, augers and related products and services to a diverse customer base, including original equipment manufacturers and their suppliers of passenger cars, light trucks, medium to heavy-duty trucks, rail cars, locomotives, agricultural, construction and mining equipment. It also includes aftermarket distribution operations for automotive and heavy truck applications. The Process Industries segment provides bearings, mechanical power transmission components, industrial chains, augers and related products and services to a diverse customer base including original equipment manufacturers in the power transmission, energy and heavy industry market sectors. It also includes aftermarket distribution operations for products other than steel and automotive applications. The Aerospace segment provides bearings, helicopter transmission systems, rotor head assemblies, turbine engine components, gears and other precision flight-critical components for commercial and military aviation applications. It also provides aftermarket services, including repair and overhaul of engines, transmissions and fuel controls as well as aerospace bearing repair and component reconditioning. The Steel segment manufactures alloy steel as well as carbon and micro-alloy steel. This segment serves the automotive, industrial and energy sectors. Its specialty steel products are used in a variety of end products, including oil country drill pipe, bits and collars, gears, hubs, axles, crankshafts, connecting rods, bearing races and rolling elements, bushings, fuel injectors and wind energy shafts. Timken was founded by Henry Timken in 1899 and is headquartered in Canton, OH.