The Timken Company
About
About The Timken Company
Timken is a diversified industrial component manufacturer with a broad position in rotating and linear equipment. Its engineered bearings support load, precision and durability requirements, while the Industrial Motion portfolio adds drives, belts, chains, couplings, lubrication and related power-transmission systems.
Robotics is one application within a much larger customer base that also includes aerospace, energy, transport and heavy industry. The company was founded in 1899, is headquartered in North Canton, Ohio, and trades on the NYSE under TKR.
Supply
Supply chain relationships
- Shandong Jindi
Inbound - Mechanical - Shandong Jindi supplies bearing cages for Timken's bearing production
Source
Financials
- TKR - NYSE - USD
Team
- Lucian Boldea - President and Chief Executive Officer - Leads Timken engineered-bearing and industrial-motion businesses.
Timeline
Events
- 2026-08-04 - Market Signal - Timken Industrial Motion sales rise 14.6% in Q2
The figures cover Timken's full Industrial Motion segment, not robotics revenue specifically. Segment adjusted EBITDA increased alongside sales to $105.6 million. Timken raised its full-year earnings outlook following the quarter.
Source - 2024-09-10 - Acquisition - CGI joins Timken following completed acquisition
CGI employed approximately 130 people at the time of the transaction. Timken expected the acquired business to generate around $45 million in 2024 sales.
Source - 2018-09-01 - Acquisition - Cone Drive acquisition by Timken completes
Cone Drive operated manufacturing facilities in the United States and China and employed about 500 people. Its product range included high-torque worm gears, harmonic solutions and precision slew drives under the Cone Drive and H-Fang brands.
Source
Relations
Relationships
- SPINEA
Parent Company - SPINEA has operated within The Timken Company since Timken completed its acquisition in May 2022.
- Rollon
Linear Motion Business - Rollon has operated as The Timken Company's flagship linear-motion brand since its 2018 acquisition.
- Cone Drive
Current Parent - Cone Drive is an operating precision-motion subsidiary of The Timken Company.