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Timken Co. reports wind turbine growth is outpacing the market


JACKSON TWP. – A move into renewable energy segments is paying off for Timken Co.
Last week the company said that over the past five years it achieved industry-leading growth in service to wind energy customers. As the wind energy sector expands globally, Timken said, it is ready to capitalize on demand for equipment and service.
The company anticipates 2021 will be another record year for revenue in the wind segment and is confident it s well positioned to succeed over the long term.
As global demand grows, wind turbines are being designed to be larger, more powerful and more efficient, Andreas Roellgen, Timken vice president for Europe, Asia, Africa, said in a press release. ....

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