NORTH CANTON, Ohio,
Dec. 18, 2020 /PRNewswire/
-- The Timken Company (NYSE: TKR; www.timken.com), a world
leader in engineered bearings and power transmission products,
today announced the start of production at its new manufacturing
facility in San Jose Iturbide,
Mexico. The facility manufactures tapered roller bearings
using the industry's most advanced automation and manufacturing
technologies.
"Our new facility builds on our manufacturing strategy to serve
customers where they need us across the world," said Christopher Coughlin, Timken executive vice
president and group president. "The San
Jose Iturbide plant will use state-of-the-art technology and
automation to achieve the high standards for quality and
consistency we employ at all of our sites. It will help us advance
our global bearing leadership by providing a high level of value
and service for our customers in the region and
globally."
The San Jose Iturbide facility
is the company's only manufacturing plant in Latin America and will serve customers across
the Americas and globally. Timken established its presence in
Latin America in 1944 and serves
the region through offices and warehouses located in Argentina, Brazil and Mexico. Latin
America now accounts for just over 5 percent of the
company's sales.
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 $3.8 billion in sales in 2019
and employs more than 17,000 people globally, operating from 42
countries.
Media Relations:
Scott
Schroeder
234.262.6420
scott.schroeder@timken.com
Investor Relations:
Neil
Frohnapple
234.262.2310
neil.frohnapple@timken.com
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SOURCE The Timken Company