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Timken to Participate in the KeyBanc Industrials & Basic Materials Virtual Conference


Timken to Participate in the KeyBanc Industrials & Basic Materials Virtual Conference
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NORTH CANTON, Ohio, May 20, 2021 /PRNewswire/  The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will present at the KeyBanc Industrials & Basic Materials Virtual Conference on June 3, 2021, at 2 p.m. EDT.
Presenting on behalf of Timken will be Richard G. Kyle, president and chief executive officer and Philip D. Fracassa, executive vice president and chief financial officer. A live webcast of the presentation will be available for download at www.timken.com/investors. A replay of the webcast will be posted via the same website link until June 17, 2021. ....

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Timken Reports Record First-Quarter 2021 Results; Raises Full-Year Outlook


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NORTH CANTON, Ohio, April 28, 2021 /PRNewswire/
 The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products,
 today reported first-quarter 2021 sales of $1.03 billion, up 11 percent from the same period a year ago. The increase was driven by organic growth across most end-market sectors led by renewable energy and off-highway, as well as the benefit of currency translation and the Aurora Bearing acquisition. First quarter sales were up 15 percent from the fourth quarter.
Timken posted net income of $113.3 million or $1.47 per diluted share in the first quarter, versus net income of $80.7 million or $1.06 per diluted share for the same period a year ago. The year-over-year increase was primarily driven by higher volume, favorable manufacturing performance and lower selling, general and administrative (SG&A) expenses, partially offset by unfavorable mix and higher m ....

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Timken Recognized Among World's Most Ethical Companies® for 11th Time


Timken Recognized Among World s Most Ethical Companies® for 11th Time
Ethisphere cites company s leadership and commitment to advancing integrity among reasons for inclusion on list
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NORTH CANTON, Ohio, Feb. 23, 2021 /PRNewswire/ The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, has earned a spot among the World s Most Ethical Companies
® for the 11
th time. Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, announced Timken and the rest of its 2021 honorees today.
This recognition reflects the ethical mindset of our 17,000-plus global associates and our ongoing commitment to growing our collective knowledge, advancing our sustainability efforts and promoting leadership inside and outside of our company, said Richard G. Kyle, Timken president and chief executive off ....

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Timken to Participate in the Evercore ISI Industrial Virtual Conference


Timken to Participate in the Evercore ISI Industrial Virtual Conference
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NORTH CANTON, Ohio, Feb. 17, 2021 /PRNewswire/ The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will participate in the Evercore ISI Industrial Virtual Conference on March 2, 2021. Participating on behalf of Timken will be Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) designs a growing portfolio of engineered bearings and power transmission products. With more than a century of knowledge and innovation, we continuously improve the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $3.5 billion in sales in 2020 and em ....

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