NORTH CANTON, Ohio,
Nov. 18, 2021 /PRNewswire/
-- The Timken Company (NYSE: TKR), a global industrial leader
in engineered bearings and power transmission products, has been
named a 2021 R&D 100 Award winner by R&D World
magazine. The publication honored Timken in the
Mechanical/Materials category for its work developing a split
tapered roller bearing for the main shaft of wind turbines. The
R&D 100 is the only industry-wide competition rewarding the
practical applications of science.
"We're thrilled to be honored by R&D World for our
specialized engineering expertise," said Ryan Evans, Timken director of research and
development. "We applied our innovative problem-solving
capabilities to address this challenging application. Our
associates, our engineering knowhow and our products and services
are critical for increasing the efficiency of renewable
energy."
Timken has invested heavily in research and development and has
built strong manufacturing, engineering and testing capabilities to
reinforce its leadership position in renewable energy. In 2020,
renewable energy, which consists of both wind and solar, became
Timken's single-largest end-market sector, representing 12 percent
of total company sales.
The R&D 100 is widely considered one of the most prestigious
innovation award programs throughout the world, and recognizes the
most promising new products, processes, materials or
software. Now in its 59th year, the R&D 100 includes a
judging panel of respected industry professionals across the globe,
and awards new inventions on the basis of technical significance,
uniqueness and usefulness. A complete list of winners is available
at R&D World.
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 $3.5 billion in sales in 2020
and employs more than 17,000 people globally, operating from 42
countries. Timken is recognized among America's Most Responsible
Companies by Newsweek, the World's Most Ethical
Companies® by Ethisphere, and America's Best Employers, Best
Employers for New Graduates and Best Employers for Women by
Forbes.
Media Relations:
Scott
Schroeder
234.262.6420
mediarelations@timken.com
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SOURCE The Timken Company