TKR 📈 Timken - Overview

The Timken Company operates as a global leader in the design, manufacture, and sale of engineered bearings and industrial motion products, along with related services. Its product portfolio is diverse, catering to a wide range of industries both in the United States and internationally. The company's expertise spans across various types of bearings, including tapered, spherical, and cylindrical roller bearings, as well as plain bearings, metal-polymer bearings, and rod end bearings. Additionally, it offers radial, angular, and precision ball bearings, thrust and specialty ball bearings, journal bearings, and housed or mounted bearings, showcasing its comprehensive approach to meeting the needs of different sectors.

Under the Engineered Bearings segment, Timken serves a broad spectrum of industries, including wind energy, where its bearings are crucial for the smooth operation of wind turbines; agriculture, where they are used in heavy machinery; construction, where they facilitate the movement of large equipment; food and beverage, where precision and cleanliness are paramount; metals and mining, where durability is key; automotive and truck, where performance and reliability are essential; aerospace, where precision and lightweight materials are critical; rail, where safety and efficiency are top priorities; and other industries. The company's brands, such as Timken, GGB, and Fafnir, are recognized for their quality and reliability in these sectors.

The Industrial Motion segment of the company is equally diverse, offering a wide range of engineered products such as industrial drives, which provide power transmission solutions; automatic lubrication systems, designed to optimize equipment performance and lifespan; linear motion products and systems, which enable precise movement and positioning; chains, belts, seals, couplings, filtration systems, and industrial clutches and brakes, all of which are vital components in industrial machinery. This segment also provides industrial drivetrain and bearing repairing services, underscoring the company's commitment to supporting its customers throughout the lifecycle of their equipment. The brands under this segment, including Philadelphia Gear, Cone Drive, Rollon, Nadella, Groeneveld, BEKA, Diamond, Drives, Timken Belts, Spinea, Des-Case, Lagersmit, Lovejoy, and PT Tech, serve industries such as solar energy, automation, construction, agriculture and turf, passenger rail, marine, aerospace, packaging and logistics, medical, and others, highlighting the company's broad reach and expertise.

Founded in 1899, The Timken Company has a long history of innovation and customer service, with its headquarters located in North Canton, Ohio. The company's website, https://www.timken.com, provides detailed information on its products, services, and commitment to quality and sustainability. With its common stock listed under the ISIN US8873891043 and categorized under the GICS Sub Industry of Industrial Machinery & Supplies & Components, The Timken Company is a significant player in the global industrial machinery sector, known for its engineered bearings and industrial motion products.