CANTON, Ohio, July 22 /PRNewswire-FirstCall/ -- The Timken
Company (NYSE: TKR) today announced it will increase base prices on
all special bar quality (SBQ) products by $40 per ton. These price increases are
effective with shipments beginning on September 1, 2010.
Raw material surcharges will remain in effect.
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http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO)
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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 its customers'
machinery to perform more efficiently and reliably. With sales of
$3.1 billion in 2009, operations in
27 countries and approximately 17,000 employees, Timken is Where
You Turn® for better performance.
Media Contact: Lorrie Paul Crum,
Manager - Global Media and Strategic Communications, Telephone:
(330) 471-3514, Mobile: (330) 224-5021, lorrie.crum@timken.com
Investor Contact: Steve Tschiegg,
Director - Capital Markets and Investor Relations, Telephone: (330)
471-7446, steve.tschiegg@timken.com
SOURCE The Timken Company