The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, has earned a spot on the America's Most Responsible Companies 2021 list compiled by Newsweek and Statista.
The latest buyout supports Timken's (TKR) focus on expanding its global leadership position in engineered bearings markets.
The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired the assets of Aurora Bearing Company (Aurora). Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment and packaging. Its sales are expected to be around $30 million for the full year 2020.