Timken to Repair Bearings for Rolls-Royce Model AE 3007 Engine
13 Aprile 2004 - 9:37PM
PR Newswire (US)
Timken to Repair Bearings for Rolls-Royce Model AE 3007 Engine
CANTON, Ohio, April 13 /PRNewswire-FirstCall/ -- Timken has been
named by Indianapolis-based Rolls-Royce Corporation as the approved
repair service provider for the Model AE 3007 jet aircraft engine.
Rolls-Royce will handle all bearing repair sales, but will use the
Timken Aerospace facility as a supplier to perform the repair
service. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) "Being
selected as Rolls-Royce's first outside supplier of repair services
in North America is an honor and reflects our commitment to working
with customers to not only provide product, but to use our bearing
expertise to bring value in related services," said J. Ron Menning,
vice president - aerospace and defense. "We're working to leverage
our full competencies in friction management to bring value to
customers." All North American bearing repairs on the Model AE 3007
engine will be performed at Timken's Lebanon, N.H., facility, an
FAA-approved repair station. In Europe, Timken is already
performing repairs for the Rolls-Royce RB211 family of engines at
its facility in Wolverhampton, UK. Rolls-Royce operates in four
global markets - civil aerospace, defense aerospace, marine and
energy. It is investing in technology and capability that can be
exploited in each of these sectors to create a competitive range of
products. Rolls-Royce employs around 35,000 people, of which 21,000
are in the UK and 8,000 in North America. Annual sales total nearly
$12 billion, of which 50 percent currently comes from aftermarket
services. Timken Aerospace, a subsidiary of The Timken Company,
offers a comprehensive line of products and services, known for
consistent, critical performance and backed by the most stringent
quality standards in the world. Our products are found in aircraft
engines, gearboxes, helicopter transmissions, auxiliary power
units, landing wheels, airframes and instrumentation. The Timken
Company (NYSE:TKR); ( http://www.timken.com/ ) is a leading global
manufacturer of highly engineered bearings and alloy steels and a
provider of related products and services with operations in 29
countries. A Fortune 500 company, Timken recorded 2003 sales of
$3.8 billion and employed approximately 26,000 at year-end. Timken
is the registered trademark of The Timken Company Media Contact:
Robert G. Bourquin, Senior Communications Representative, (330)
471-7106, or http://www.timken.com/media Investor Contact: Kevin R.
Beck, Manager - Investor Relations, (330) 471-7181
http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO
http://photoarchive.ap.org/ DATASOURCE: The Timken Company CONTACT:
Robert Bourquin, Senior Communications Representative,
+1-330-471-7106, or investors, Kevin R. Beck, +1-330-471-7181, both
of The Timken Company Web site: http://www.timken.com/
http://www.timken.com/media
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