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The Timken Company (NYSE:TKR), Canton, OH, announced it will increase base prices on all special bar quality (SBQ) products by $40 per ton. These price increases are effective with shipments beginning on Sept. 1, 2010.
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Raw material surcharges will remain in effect, the manufacturer said
Timken had sales of $3.1 billion in 2009 and operations in 27 countries.