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Timken to Increase Prices on Select Products

Prices on cold-drawn carbon and allow seamless mechanical tubing will increase by up to 30 percent.

The Timken Company (NYSE: TKR), Canton, OH, will increase prices on cold-drawn carbon and alloy seamless mechanical tubing by up to 30 percent, depending on the size and product specification.

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This price increase is effective with shipments beginning on Oct. 1, 2010. Raw material surcharges will remain in effect.

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