Timken Sales Down 6.6% in 2015
Fourth quarter sales decreased 6.2 percent year-over-year.
Fourth quarter sales decreased 6.2 percent year-over-year.
Company reports loss of $168.8 million for the quarter.
Year-to-date sales increased 31.1 percent year-over-year.
Deal's progress highlights busy month for gases & welding equipment sector.
Company's fourth-quarter sales were down 9.1 percent.
Company foresees headwinds, invests in growth & technology.
"Tumbling oil prices" lead to sharp sales decline during year.
Fourth quarter sales down 10.7 percent.
Mark Gross appointed to president & CEO.
Company's revenues decline 6 percent in the fourth quarter.
Year-to-date sales decreased 6.6 percent year-over-year.