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How many plants have been closed by The Timken Company in Canton?
Wiki User
∙ 12y ago
The original "Canton Bearing Plant" located across from the Timken Headquarters Building (Between Harrison Street and Dueber Avenue) was closed. The plant was demolished in order to make room for a larger steel lay-down yard for Timken Harrison Steel Plant. However, during that closure processes, Timken laid off 700, then nearly 1400 employees stating a false "workforce reduction due to the economy" excuse that was later refuted by Timken Company CEO Jim Griffith who, after the mass layoff, announce Timken had the most profitable year on record.
Wiki User
∙ 12y ago
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