Timken Receives Best Supplier Award from Parker Hannifin in Germany
03 Maggio 2007 - 2:30PM
Business Wire
The Timken Company (NYSE:TKR) announced today that its German
operations were recognized as the best supplier of 2006 by Parker
Hannifin GmbH & Co. KG. Timken has been supplying needle
bearings to the hydraulic pump and motor division in Chemnitz,
Germany, for four years. The Parker award acknowledges Timken's
full compliance with agreed delivery dates for the year. Timken was
the only one of 34 suppliers included in the rating system to
satisfy the rigorous criteria. Timken needle bearings are installed
in hydraulic torque motors for professional lawn mowers and rope
winches. "Helping our customers improve their performance is a top
priority at Timken, and meeting their delivery deadlines is one
clear way Timken brings value as a supplier," said Paul Schulte,
manager of industrial and original equipment sales in Europe
Central. "This award serves as an incentive for us to maintain, if
not improve, our high standards and continue to reinforce our
long-term relationship with Parker Hannifin." Sylke Feiereis, team
buyer and planner at Parker in Chemnitz, said, "During the past
four years we have always been satisfied with Timken's delivery and
quality performance. This award is a clear reflection of our
approval." About Parker Hannifin Corporation Parker Hannifin GmbH
& Co. KG is a subsidiary of Parker Hannifin Corporation. With
annual sales exceeding $9 billion, Parker Hannifin Corporation is
the world's leading diversified manufacturer of motion and control
technologies, providing systematic, precision-engineered solutions
for a wide variety of commercial, mobile, industrial and aerospace
markets. About The Timken Company The Timken Company (NYSE:TKR,
http://www.timken.com) keeps the world turning, with innovative
friction management and power transmission products and services,
enabling our customers to perform faster and more efficiently. With
sales of $5.0 billion in 2006, operations in 26 countries and
approximately 25,000 employees, Timken is Where You Turn� for
better performance.
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