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Slide #8. The Timken Company — Schulz Group
The Timken Company (NYSE:TKR)
The Timken Company (NYSE: TKR; www.timken.com) today announced the further expansion of its industrial services capabilities with the acquisition of assets from the Schulz Group, based in New Haven, Conn.
Timken designs and manages a portfolio of engineered bearings and power transmission products and services. Co.'s portfolio features several brands, including Timken®, Philadelphia Gear®, Drives®, Cone Drive®, Rollon®, Lovejoy®, Diamond®, BEKA® and Groeneveld®. Co. sells products and services to various customer base globally, including customers in the following market sectors: industrial distribution, automotive, aerospace, rail, renewable energy, agriculture/turf, on-highway aftermarket, mining, construction, heavy truck, metals, fossil fuels and marine. Co. manufactures and manages supply chains for various product lines including engineered bearings and power transmission products.
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Strong Buy (3.71 out of 4)