Type: Public
On the web: http://www.timken.com
Employees: 19,839
Employee growth: 19.0%

The Timken Company keeps its bearings straight. The company makes bearings that find their way into products from consumer appliances to railroad cars. Timken also makes power transmission components, including automotive gear shafts and connecting rods to aircraft engine components. The company manufactures more than 450 grades of alloy and carbon steels, producing bars, billets, tubing, and custom components for automotive and industrial applications. Additionally, it offers lubricants, seals, and motion control systems. Timken serves 27 countries through more than 50 manufacturing facilities, 9 technology/engineering centers, and 14 distribution centers and warehouses. About 66% of sales come from the US.

Key numbers for fiscal year ending December, 2010:
Sales: $4,055.5M
One year growth: 29.1%
Net income: $274.8M

Officers:
Chairman: Ward J. (Tim) Timken Jr.
President, CEO, and Director: James W. Griffith
EVP Finance and Administration: Glenn A. Eisenberg

Competitors:
NSK
SKF
Tenaris

© 2012 Hoover's, Inc. All rights reserved.