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TimkenSteel

Latest News

Timken Upgrades Earnings Estimates

19 April 2006 -  

Timken Upgrades Earnings Estimates

19 April 2006 -  

Timken Reports Strong 2005 Results

02 February 2006 -  

Timken Reports Strong 2005 Results

02 February 2006 -  

Timken Exec Honored as 2006 Premier 100 IT Leader

13 December 2005 - Timken Co.’s Jon Elsasser, Senior Vice President and Chief Information Officer, has been recognized by IDG's Computerworld as one of the business world's Premier 100 IT Leaders.

Timken Names Senior Technology Vice President

08 December 2005 - The Timken Co. announced the appointment of Alastair R. Deane as Senior Vice President — Technology, reporting to President and CEO James W. Griffith. Deane will lead Timken's global technology efforts in support of generating value and achieving the company's growth targets.

Timken Receives Disbursement Under U.S. Trade Law

05 December 2005 - The Timken Co. has received approximately $81 million under the U.S. Continued Dumping and Subsidy Offset Act (CDSOA) for 2005.

Timken Latrobe to Increase Specialty Steel Prices

22 November 2005 - Timken Latrobe Steel announced it would increase prices by 3 to 8% on all remelted aerospace alloys. The price change will be effective immediately on all new inquiries and for all new orders received beginning Dec. 1, 2005.

Timken Reports Strong Earnings, Record 3rd Quarter Sales

27 October 2005 - The Timken Co. reported net income of $39.8 million on record sales of $1.3 billion for the third quarter of 2005.

YTD Specialty Steel Imports Continue to Exceed YTD 2004 Totals

11 October 2005 - Total stainless steel imports grew to 399,708 tons through July 2005, a 13% increase* compared to the first seven months of 2004, according to the latest statistical data released by the Specialty Steel Industry of North America (SSINA). As imports continued to climb, U.S. stainless steel consumption dropped slightly to 1,361,595 tons, a 4% decreased compared to the comparable 2004 period.

Timken Acquires Bearing Inspection Group

07 October 2005 - The Timken Co. announced the acquisition of Bearing Inspection, Inc. (Bii), a leading independent provider of aerospace bearing inspection and reconditioning services. Terms of the acquisition, which Timken expects to be accretive during the first year of ownership, were not disclosed.

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