The Timken Company, Canton, OH, has sold its automotive steering business, which operates facilities in Watertown, CT, and Nova Friburgo, Brazil, to DriveSol Worldwide, Inc.The steering business had 2005 sales of $110 million.DriveSol, which is an affiliate of Sun Capital Partners, Inc., will continue to manufacture steering tilt shafts, intermediate shafts and steering components at […]
Timken Sells Automotive Steering Business Read More »
inedible fats and oils jumped 17.7 percent in November after declining 3.2 percent in the preceding month. Ethanol prices also turned up following decreases in the previous month, and the paper index moved up after no change in October. Prices for materials for durable manufacturing fell 0.5 percent in November after moving down 0.1 percent in
U.S. Wholesale Prices Rise 2% in November Read More »
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