Timken expands further into the automation and robotic solutions field, after acquiring Cone Drive in 2018, Spinea in 2022 and CGI in 2024.
Timken to Acquire Precision Drive Supplier CGI in Nevada Read More »
Tarak Mehta, currently President of ABB’s Motion business, is set to become Timken’s President and CEO on Sept. 5.
Timken Taps ABB’s Mehta as Next CEO Read More »
Lagersmit is a Netherlands-based maker of sealing solutions that is expected to have 2023 annual sales of about $40 million.
Timken Acquires Dutch Sealing Supplier Lagersmit Read More »
It’s one of two Timken Belts factories, and follows the closing of South Carolina bearings plant this year.
Report: Timken to Close Kansas Belting Plant in 2025 Read More »
Timken’s acquisition of iMECH enables the bearings manufacturer to increase its product breadth and provides cross-selling opportunities.
Timken to Acquire Engineered Solutions Group in Houston Read More »
The acquisition of manufacturer Rosa Sistemi will add complementary product lines in linear motion to Timken’s portfolio.
Timken Acquires Linear Motion Supplier Rosa Sistemi in Italy Read More »
‘This achievement is a testament to B&D Industrial’s dedication to quality, industry best practices, and exceptional bearing maintenance training,’ the company said.
B&D Industrial’s Savannah Location Now Timken Certified Read More »
Des-Case’s revenue for the calendar year 2023 is expected to be around $40 million, according to a news release.
Timken Acquires Filtration Supplier Des-Case Read More »
It’s a big week for industrial manufacturer’s financial reports. We recap the key figures for four of them here.
Fiscals: Columbus McKinnon, Ingersoll Rand, Timken, MSA Read More »
This adds to the $75 million Timken committed in late 2020 to strengthen both its wind and solar capabilities.
Timken Invests Another $70M in Renewable Energy Capabilities Read More »
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Avnet, Timken, MSA Safety, ITW, BlueLinx Read More »
After almost 50 deals in January, MDM highlighted just 29 during February, which still would have been a relatively high amount during any month over the past few years.
February M&A Roundup: Pace Slows in Still-Impressive Month Read More »
Timken’s latest M&A deal comes just two days after the company reached an agreement to acquire Nadella Group.
Timken Acquires American Roller Bearing Company in NC Read More »
Timken has agreed to acquire Nadella Group, a manufacturer of motion technology based in Italy.
Timken Acquires Linear Motion Supplier Nadella Read More »
The Gaffney plant, which once employed more than 200 workers, had seen its employment numbers dwindle over the years.
Timken to Close South Carolina Plant, Eliminate Over 200 Jobs Read More »
MDM looks at reports from Stanley Black & Decker, Avnet, Timken, Illinois Tool Works, MSA Safety Incorporated, Caterpillar and Saint-Gobain.
Earnings Roundup: Stanley Black & Decker, Avnet, Timken, ITW and more Read More »
It adds approximately $200 million in revenue and 900 employees to Timken.
Timken Makes Another Splash in Europe, Acquires GGB Bearing Read More »
The bearings maker has new leaders for its Industrial Motion and Engineered Bearings units, while its HR leader is now an executive officer.
Timken Makes Trio of Executive Appointments Read More »
In the latest earnings reporting period for publicly-traded companies, these distributors and manufacturers reported strong sales figures.
Earnings Roundup: Fortive, International Paper, Rockwell, Timken, TriMas Read More »
The bearings and power transmission company says it finalized its deal with the and manufacturer of cycloidal reduction gears and actuators.
Timken Completes Spinea Acquisition Read More »
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