The 2020 Mid-Year Economic Update_long

Timken Opens Two Facilities in Asia

The Timken Company, Canton, OH, has opened two new manufacturing facilities in Asia, adding to its ability to serve aerospace and industrial markets. 

The company will continue to ramp up production over the coming quarters at its industrial bearing manufacturing plant in Chennai, India, and its aerospace and precision products facility in Chengdu, China. Timken now operates seven manufacturing plants in Asia.  

Timken announced plans to build its industrial bearing plant in Chennai in October 2006. The facility is in one of India's Special Economic Zones and will manufacture medium-sized tapered roller bearings for industrial customers. Timken has been in India since 1992 and also has two other facilities in the country, a bearing ...

The Timken Company, Canton, OH, has opened two new manufacturing facilities in Asia, adding to its ability to serve aerospace and industrial markets. 

The company will continue to ramp up production over the coming quarters at its industrial bearing manufacturing plant in Chennai, India, and its aerospace and precision products facility in Chengdu, China. Timken now operates seven manufacturing plants in Asia.  

Timken announced plans to build its industrial bearing plant in Chennai in October 2006. The facility is in one of India’s Special Economic Zones and will manufacture medium-sized tapered roller bearings for industrial customers. Timken has been in India since 1992 and also has two other facilities in the country, a bearing manufacturing plant in Jamshedpur and a Global Technology Center in Bangalore. 

Construction of Timken’s aerospace and precision products facility in Chengdu also began in the fourth quarter of 2006. The facility will manufacture bearings and related products for global customers and China’s rapidly growing commercial aviation industry. Timken, which established a presence in China in 1992, also has plants in Wuxi and Yantai and will soon begin construction of a new joint-venture facility in Xiangtan to manufacture ultra-large-bore bearings for China’s wind energy market.

Timken has operations in six Asian countries. The company had revenue of more than $400 million in the region in 2007. Globally, the supplier has sales of $5.2 billion.

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