Release time : 2015-06-11 13:23:48
The Timken Company (NYSE:TKR) today announced it will increase base prices on Agricultural Bearings and hot-rolled special bar quality (SBQ) products by $30 per ton and cold-finished and thermal-treated SBQ products by $40 per ton. These price increases are effective with shipments beginning on May 1, 2010.
Raw material surcharges of Fishing Bearings will remain in effect.
About The Timken Company
The Timken Company (NYSE: TKR, http://www.timken.com http://www.timken.com ) keeps the world turning with innovative friction management and power transmission products and services, enabling our customers Needle Roller Bearings machinery to perform more efficiently and reliably. With sales of $3.1 billion in 2009, operations in 26 countries/territories and approximately 17,000 employees, Timken is Where You Turn? for better performance.