NORTH
CANTON, Ohio, Sept. 28,
2022 /PRNewswire/ -- The Timken Company (NYSE:
TKR; www.timken.com), a global industrial leader in engineered
bearings and industrial motion, is hosting an Investor Day at
9:30 a.m. ET today in New York City.
Richard G. Kyle, president and
CEO, and other members of the executive leadership team will review
the company's strategy and financial performance, and dive deeper
into the profitable growth objectives for its engineered bearings
and industrial motion portfolios. In addition, the company will
provide new long-term financial targets and outline
opportunities to drive significant shareholder value.
"Timken is a high-performing diversified industrial leader and a
strong investment," said Richard G.
Kyle, Timken president and chief executive officer. "With
our diverse portfolio, leading product technology and expertise in
application engineering, we are well-positioned to capitalize on a
number of emerging trends as we meet customers' needs for optimized
reliability, efficiency and performance. Our efforts are focused on
scaling the enterprise, accelerating the execution of our growth
strategy and achieving top-quartile financial performance."
To attend the event via webcast or to access presentation
materials, please visit http://investors.timken.com. The webcast
passcode is TimkenInvestorDay2022. Presentation materials will be
available for download at http://investors.timken.com prior to
the start of the event. A replay of the webcast will be accessible
for two weeks following the event.
About The Timken Company
The Timken
Company (NYSE: TKR; www.timken.com) designs a
growing portfolio of engineered bearings and industrial motion
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 $4.1 billion in sales in 2021
and employs more than 18,000 people globally, operating from 43
countries. Timken has been 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
scott.schroeder@timken.com
Investor Relations:
Neil
Frohnapple
234.262.2310
neil.frohnapple@timken.com
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SOURCE The Timken Company