Timken Becomes Official Technical Partner of Joe Gibbs Racing
07 Febbraio 2006 - 8:00PM
PR Newswire (US)
CANTON, Ohio, Feb. 7 /PRNewswire-FirstCall/ -- The Timken Company
(NYSE:TKR) today announced that it has entered into an agreement
with Joe Gibbs Racing (JGR) to become an official technical partner
of the NASCAR racing organization. The partnership, which provides
product development and technical engineering support, will be
leveraged across JGR's multiple team operations in the NASCAR
Nextel Cup Series, Busch Grand National Series and Craftsman Truck
Series. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO) For the last
two years, Timken has worked collaboratively with the JGR
engineering team to develop and test technologies that improve the
car's powertrain performance, delivering longer life, improved fuel
economy and higher horsepower availability. Products like specialty
steels from the company's Latrobe, Pa., operations and Timken(R)
RacePac(TM), an integrated hub and bearing assembly specially
designed for NASCAR teams, demonstrate an ongoing commitment to
safety, reliability and high performance for the motorsports
industry. "Timken's long history in the sport and innovative
expertise in the management of friction provides our race
operations with high-performing, competitive cars each and every
weekend," said J.D. Gibbs, president of JGR. "We truly value our
Timken partnership as it continues to deliver results, from our
shop and testing facility straight through to on-track
performance." "Our shared commitment to innovating solutions,
leveraging teamwork and executing is what makes our partnership
with Joe Gibbs Racing so successful. Those common values are a
critical component to the winning formula that produces
championship-caliber performance at the track," said Alastair R.
Deane, Timken senior vice president - technology. "Our involvement
in the sport translates into the creation of real value for our
automotive, industrial and steel customers, as we leverage
track-tested technology to solve critical fiction-management and
power-transmission problems." About Joe Gibbs Racing Joe Gibbs
Racing, one of the most successful organizations in NASCAR with
three Nextel Cup championships to their credit since 2000, fields
teams in the Nextel Cup, Busch Grand National and Craftsman Truck
Series. The Huntersville, N.C.-based organization is owned by
legendary NFL Hall of Fame coach Joe Gibbs. About Team Timken
Motorsports For innovative, high-performance racing components and
industry-leading technical support, the world of motorsports turns
to Timken. Our superior engineering and innovative products make
Timken(R) bearings and steel a trusted choice of the most popular
touring series, racing professionals and enthusiasts at all levels.
Championships are won with Timken products. The Timken Company has
technical affiliations with the National Association of Stock Car
Racing (NASCAR) and one of its preeminent race teams, Joe Gibbs
Racing. The company also is a proud sponsor of Rahal Letterman
Racing in the Indy Racing League, Team Epsilon Euskadi of the
Renault World Series in Europe and is an official partner of the
Formula BMW Asia Series. About The Timken Company The Timken
Company (NYSE:TKR) (http://www.timken.com/) keeps the world
turning, with innovative ways to make customers' products run
smoother, faster and more efficiently. Timken's highly engineered
bearings, alloy steels and related products and services turn up
everywhere. With operations in 27 countries, sales of $5.2 billion
in 2005 and 27,000 employees, Timken is Where You Turn(TM) for
better performance. Media Contact: Jeff Dafler, Manager - Global
Media & Government Relations, Telephone: (330) 471-3514, or
Facsimile: (330) 471-7032, or ; or Investor Contact: Steve
Tschiegg, Manager - Investor Relations, Telephone: (330) 471-7446,
or Facsimile: (330) 471-2797, or First Call Analyst: FCMN Contact:
http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO
http://photoarchive.ap.org/ DATASOURCE: The Timken Company CONTACT:
Media, Jeff Dafler, Manager - Global Media & Government
Relations, +1-330-471-3514, or Facsimile, +1-330-471-7032, or ; or
Investors, Steve Tschiegg, Manager - Investor Relations,
+1-330-471-7446, or Facsimile, +1-330-471-2797, or Web site:
http://www.timken.com/ http://www.timken.com/media
http://www.timken.com/investors
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