Timken Goes Around the World with CLAAS
10 Maggio 2007 - 4:11PM
Business Wire
The Timken Company (NYSE:TKR) announced today that it is
co-sponsoring the journey of a CLAAS ARES tractor as its driver
circumnavigates the globe in the coming months to collect donations
for CARE, a charitable organization whose mission is to help
families in poor communities improve their lives and escape
poverty. CLAAS Group, the German-based company that organized the
tour, equips its agricultural machinery with Timken products. The
tour is reaching Mount Rushmore next week in the U.S. state of
South Dakota. "We have worked for many years with CLAAS to enhance
the performance and reliability of their agricultural equipment,�
said Paul Schulte, Timken manager of original equipment industrial
sales in Europe. "Now, we are pleased to work with them as they�re
using that equipment to raise funds to support nutrition and
education in developing countries.� Throughout the tour, CLAAS will
be collecting money for school gardens in the African nation of
Lesotho. These "gardens for life" are intended to improve the
nutrition of children and youngsters and give them the opportunity
to attend school. Children who were too hungry to attend school
will get one meal a day from the school garden. The CLAAS tour,
which set off from Germany, is expected to cover some 15,500 miles
over 300 days. Agricultural machinery mechanic Matthias Lause is
driving the 150-horsepower ARES tractor with a trailer in tow that
will serve as his home during the journey. The itinerary includes
stops in Italy, Morocco, Spain, France, Belgium, the United States,
Canada, Mexico, Australia, Singapore, Malaysia, South Africa,
Lesotho, Russia, Ukraine and Poland. The tour is scheduled to
return to Hanover, Germany, in November for Agritechnica, the
world's largest agricultural trade fair. CLAAS uses Timken� tapered
and needle roller bearings in axles and gear drives for its line of
agricultural machinery, which includes mowing machines, combines
and harvesters. Timken also supplies bearings for the company's
subsidiary Renault Agriculture, a French tractor manufacturer. The
CLAAS fund-raising tour matches the spirit of Timken's
philanthropic activities. Through volunteer efforts, community
leadership and charitable contributions, Timken is committed to
supporting the communities in which it operates around the world.
This philosophy derives from Timken's core values of ethics and
integrity, quality, innovation and independence. About CLAAS CLAAS
Group ranks among the leading agricultural machinery manufacturers
in the world. Nearly half of all combine harvesters sold in Europe
are built by the company, whose headquarters is in Harsewinkel,
Germany. CLAAS is the world market leader with its second major
product line, namely self-propelled field choppers. The CLAAS Group
generates sales of about 2.4 billion euros, employs more than 8,000
people worldwide and sells some 70 percent of its products abroad.
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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