NORTH CANTON, Ohio,
Dec. 12, 2019 /PRNewswire/ -- To
celebrate the company's 120th anniversary,
representatives from The Timken Company (NYSE: TKR; www.timken.com)
rang the closing bell at the New York Stock Exchange this
afternoon. A world leader in engineered bearings and power
transmission products, Timken has played a role in landmark
innovations from the Wright Brothers' first flight and Henry Ford's Model T to exploring space and
helping to make wind and solar energy more efficient and
affordable.
![The New York Stock Exchange welcomes The Timken Company (NYSE:TKR) in celebration of its 120th anniversary of founding. Richard G. Kyle, President and CEO, joined by Jim Byrne, Head of U.S. Listings, NYSE, rings The Closing Bell®. The New York Stock Exchange welcomes The Timken Company (NYSE:TKR) in celebration of its 120th anniversary of founding. Richard G. Kyle, President and CEO, joined by Jim Byrne, Head of U.S. Listings, NYSE, rings The Closing Bell®.](https://mma.prnewswire.com/media/1044564/TKR_CB_Photo_191212_Press_1.jpg)
Founded in 1899, Timken built its reputation on designing the
highest-quality bearings in the world. Over the past decade, the
company has broadened its expertise by both innovating within and
acquiring companies with complementary strengths in areas like
linear motion, lubrication systems, drives, couplings, belts and
chain. Today, the company provides global solutions to a growing
and diverse list of customers across a wide range of attractive
industries, including aerospace, rail and renewable energy.
Throughout its history, Timken has been successfully advancing
and differentiating its product and operating model to profitably
grow and deliver value to all stakeholders. In fact, Timken
has paid a dividend on the company's common shares in each of
the 390 quarters since the company went public in 1922, one of the
longest-running dividend records among NYSE-listed companies.
About The Timken Company
The Timken
Company (NYSE: TKR; www.timken.com) designs a growing
portfolio of engineered bearings and power transmission products.
With more than a century of knowledge and innovation, we
continuously improve the reliability and efficiency of global
machinery and equipment to move the world forward. Timken
posted $3.6 billion in sales in 2018
and employs more than 18,000 people globally, operating from 35
countries.
Media Relations:
Scott
Schroeder
234.262.6420
scott.schroeder@timken.com
Investor Relations:
Jason Hershiser
234.262.7101
jason.hershiser@timken.com
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SOURCE The Timken Company