The Timken Company · Canton, OH United States(NYSE: TKR)
Company Description
Phone: 330-438-3000
Fax: 330-458-6006
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Rankings
- S&P 400
More Companies in: Canton, Ohio
More Companies in These Related Industries: Ball & Roller Bearing Mfg, Iron & Steel Mills
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This link will open in a new window The Timken Company tries to keep its bearings straight. The company makes bearings that find their way into products from consumer appliances to railroad cars. It also makes power transmission components, from automotive gear shafts and connecting rods to aircraft engine components. In addition, Timken makes more than 450 grades of alloy and carbon steels, producing bars, billets, tubing, and custom components for automotive and industrial applications. It also offer power transmission components, lubricants, seals, and motion control systems. About 60% of sales come from the US. Five generations of the Timken family have served the company since its founding by one-time carriage maker Henry Timken in 1899. To read the full description, subscribe now.
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Key The Timken Company Financials
| Company Type | Public - NYSE: TKR Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 16,667 |
The Timken Company Executives
45 executives listed for The Timken Company's Canton, OH location.
| Title | Name & Bio | Contact |
| Chairman | Ward Timken | |
| President, CEO, and Director | James Griffith | |
| EVP Finance and Administration | Glenn Eisenberg |
Competition
Competitive Landscape for The Timken Company
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The industry is capital-intensive: average annual revenue per employee is more than $450,000. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), which in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.
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