Menu Close

Did Timken buy Torrington?

Did Timken buy Torrington?

The Timken Company today completed its acquisition of The Torrington Company that it announced last October 16. Timken acquired Torrington from Ingersoll-Rand for $840 million — $700 million in cash and Timken shares valued at $140 million.

Who owns Torrington bearings?

the Timken Company
The Torrington Company is a division of the Timken Company. Torrington produces a wide assortment of radial and thrust needle roller bearings as well as bearings assemblies for particular applications.

Did Koyo buy Torrington?

Following the acquisition of the Needle Roller Bearing Division in 2010, JTEKT has announced full brand integration starting on 1 January 2013.

When did Timken buy Fafnir?

In 2002, Torrington/Fafnir were acquired by Timken who to this day continue to sell bearings under the Fafnir name.

Does Koyo own Timken?

CANTON, Ohio, Jan. 5 /PRNewswire/ — JTEKT Corporation has created a new business unit, Koyo Bearings USA LLC, following the acquisition of The Timken Company’s Needle Roller Bearings business.

Who owns Jtekt?

Toyota Group
JTEKT/Parent organizations

Do they still make Timken bearings?

Timken manufactures in 33 countries around the world. The quality of a Timken bearing remains consistently high regardless which factory bearings are produced. Timken was formed in 1899 in the USA and still has its head office in Canton, Ohio -USA.

Does Timken own Timken steel?

TimkenSteel is a new, independent company with a century-long history. It began as the steel business of The Timken Roller Bearing Company, founded by carriage maker and inventor Henry Timken and his two sons.

Are Timken wheel bearings made in the USA?

Timken wheel bearings are made in the USA, Mexico, and a number of other countries. The bearings are all made to the same high worldwide standard which Timken is well known for.

Is Jtekt owned by Toyota?

JTEKT Corporation TYO: 6473. T is a Japanese corporation created in January 2006 upon the merger of two companies: Koyo Seiko Co….JTEKT.

Type Public (K.K)
Number of employees 40,756 (Consolidated) 10,563 (Nonconsolidated)
Parent Toyota Group
Website jtekt.co.jp

Is Jtekt part of Toyota?

Toyota Motor Corp. Toyota owns Yutaka Seimitsu, which develops and sells automotive parts as well as gears for general machines, and holds a 22.5% stake in JTEKT, a manufacturer and seller of bearings, machine tools, driveline components and steering products.

When did British Timken close?

2002
The last employee to exit the British Timken factory before it closed its doors for the final time in 2002 has officially opened a brand new care home on the same site.

What kind of seal does Torrington cup bearings have?

Torrington drawn cup bearings are offered with integral seals. The tables of dimensions on page 397 indicates those sizes available with lip contact seals. The seal lip design achieves a light and constant contact with the inner raceway throughout the range of mounted bearing clearances thereby ensuring positive sealing and low frictional drag.

How is Timken helping the solar energy industry?

Since 2018, Timken has played a role in more than one-third of the world’s utility-scale solar projects. Today, our Cone Drive brand is partnering with the world’s largest solar energy manufacturers to develop customized solutions for clean energy. Read how.

Who are the winners of the Timken Global Scholar Program?

Investing in the Future: Timken Global Scholars Have Big Plans. The Timken Global Scholar program awards $540,000 each year to the children of Timken associates. We interviewed three of the 2019 winners. Cecilly Kelleher (shown here) is a 2017 scholarship winner studying pre-med at The Ohio State University.