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Timken to Increase Base Prices on Certain Products

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.

Raw material surcharges will remain in effect, the manufacturer said

Timken had sales of $3.1 billion in 2009 and operations in 27 countries.

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