NORTH CANTON, Ohio,
Sept. 18, 2018 /PRNewswire/ -- The
Timken Company (NYSE: TKR; www.timken.com), a global leader in
engineered bearings and power transmission products, today
announced that it has completed the previously announced
acquisition of Rollon Group, a leader in engineered linear motion
products. Rollon specializes in the design and manufacture of
engineered linear guides, telescopic rails and linear
actuators used in a wide range of industries such as passenger
rail, aerospace, packaging and logistics, medical and
automation.
Rollon is headquartered near Milan,
Italy, and has manufacturing operations in Italy, Germany and the
United States. The company employs approximately 600 people
and boasts an extensive sales and engineering network around the
world to serve its global customer base.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) engineers,
manufactures and markets bearings, gear drives, automated
lubrication systems, belts, chain, couplings and linear motion
products, and offers a spectrum of powertrain rebuild and repair
services. The leading authority on tapered roller bearings, Timken
today applies its deep knowledge of metallurgy, tribology and power
transmission across a variety of bearings and related systems to
improve the reliability and efficiency of machinery and equipment
all around the world. The company's growing product and services
portfolio features many strong industrial brands including
Timken®, Fafnir®, Philadelphia
Gear®, Groeneveld®, Rollon® and
Cone Drive®. Known for its quality products and
collaborative technical sales model, Timken posted $3 billion in sales in 2017. With more than
17,000 employees operating from 33 countries, Timken makes the
world more productive and keeps industry in motion.
Media Relations:
234.262.3514
mediarelations@timken.com
Investor Relations:
Jason
Hershiser
234.262.7101
jason.hershiser@timken.com
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SOURCE The Timken Company