Timken Provides Repair Services for Steel Producer
02 Settembre 2008 - 4:00PM
Business Wire
The Timken Company (NYSE: TKR) announced today that it is providing
industrial services to Sparrows Point, a fully integrated steel
mill based in Baltimore. As a full-service supplier to Sparrow�s
Point, Timken performs bearing repair, chock repair, roll repair
and other lifecycle services for the steel producer. Timken
provides service on approximately 50 different bearing part numbers
for use in cold and hot steel mills at Sparrows Point. Timken�s
bearing repair services have provided Sparrows Point like-new
bearings at an average of 45 percent less than the cost of new
bearings. Repair lead times also average 10 to 12 weeks compared to
far longer lead times for new bearings due to strong global demand.
Sparrows Point is a subsidiary of OAO Severstal, one of the world�s
leading metal and mining companies. 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 $5.2 billion in 2007, operations in
27 countries and approximately 25,000 employees, Timken is Where
You Turn� for better performance.
Grafico Azioni Timken (NYSE:TKR)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Timken (NYSE:TKR)
Storico
Da Lug 2023 a Lug 2024