TKR Timken Co

Timken Launches Custom Bar Program CANTON, Ohio, Nov. 18 /PRNewswire-FirstCall/ -- The Timken Company announced that it would make a variety of custom steel grades available in five-ton minimum quantities effective today. In addition, most grades that previously required the purchase of an entire production run (heat-lot) will now be available in increments of 30 tons. (Logo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) "Pressures on the steel industry in recent years have made many of these specialized materials difficult to find," said Robert N. Keeler - director - steel sales - North and South America. "By reducing our order minimums on select material grades, we are simply refocusing our efforts on filling a need in the marketplace. Smaller industrial businesses have been driven to commodity grades for various applications. Our lower quantities will allow smaller companies to use unique grades that differentiate themselves in the marketplace." Timken has a long history of materials innovation for unique customer applications. The company began producing custom steels in 1917 to serve its own bearing business. Today, that materials expertise spans more than 400 grades used in automotive, industrial and energy applications all over the world. The Timken Company ( http://www.timken.com/ ) (NYSE:TKR) is a leading international manufacturer of highly engineered bearings, alloy and specialty steels and components, and a provider of related products and services. Following its February 2003 acquisition of The Torrington Company, Timken employs 28,000 people worldwide in operations in 29 countries. In 2002, the combined companies had sales of approximately $3.8 billion. For Additional Information: Jason H. Saragian, Communications Manager, (330) 471-3514 http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO http://photoarchive.ap.org/ DATASOURCE: The Timken Company CONTACT: Jason H. Saragian, Communications Manager of The Timken Company, +1-330-471-3514 Web site: http://www.timken.com/

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