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Timken

Timken manufactures and supplies bearings, alloy steel, power transmission components, engineered surfaces and lubrication. Read more

Richard G. Kyle's photo - President & CEO of Timken

President & CEO

Richard G. Kyle

CEO Approval Rating

79/100

Founded:

1899

Status:

PublicIndependent CompanyNYSETKR

SIC Code:

3560 NAICS listing »

Website:

Annual Revenue
Employees
Sector
Industrial Machinery & Equipment
Headquarters

TIMKEN TOP COMPETITORS OR ALTERNATIVES

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The top 10 competitors in Timken's competitive set are SKF, Schaeffler, NTN, JTEKT , NSK, MOOG Parts, Detroit Axle, ACDelco, SLF, Galaxy Bearings. Together they have raised over 500.1M between their estimated 296.9K employees. Timken has 17,000 employees and is ranked 7th among it's top 10 competitors. The top 10 competitors average 30,186.

SKF is Timken's top competitor. SKF was founded in 1907 in Goteborg, Other. SKF competes in the Industrial Machinery & Equipment field. SKF generates $5.8B more revenue than Timken.

Schaeffler is perceived as one of Timken's biggest rivals. Schaeffler's headquarters is in Herzogenaurach, Bavaria, and was founded in 1946. Schaeffler is in the Automobile Parts industry. Schaeffler generates 443% of Timken's revenue.

NTN is one of Timken's top competitors. NTN is a Private company that was founded in Osaka, Ōsaka Prefecture in 1918. NTN operates in the Industrial Suppliers industry. NTN has 3,000 more employees vs. Timken.

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Trending News for Timken and Timken's Competitors

June 17, 2021

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June 18, 2021

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Program is open to minority-owned businesses impacted by the Covid-19 pandemic BROOKFIELD, Wis., June... See more »

June 16, 2021

MarketScreener

American Axle & Manufacturing : AAM to Present at the Deutsche Bank Global Auto Industry Conference on June 17

(marketscreener.com) Published on June 16, 2021 AAM to Present at the Deutsche Bank Global Auto Indus... See more »

Timken Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.6B

Timken's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 5.8B. Over the last four quarters, Timken's revenue has grown by 27.6%. Specifically, in Q1 2021's revenue was $1B; in Q4 2020, it was $891.7M; in Q3 2020, it was $894.6M; in Q2 2020, Timken's revenue was $803.5M.

Timken Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Aurora Bearing Company

Dec 2020

Source »
undisclosed
Aurora is a manufacturer and supplier of rod ends, brushings and spherical plain bearing products for aerospace, defense and transportation sectors.
BAIER + KOPPEL GmbH + Co. KG

Sep 2019

Source »
$165M
Beka is a supplier of automatic lubrication systems for wind, food and beverage and rail industries.
Diamond Chain Company, Inc.

Apr 2019

Source »
undisclosed
Diamond Chain designs, manufactures and commercializes roller chains for industrial automation, agriculture and construction sectors.
Rollon S.p.A.

Jul 2018

Source »
undisclosed
Rollon manufactures and markets telescopic rails, linear motion systems and actuators for aerospace, medical, packaging and logistics sectors.
Cone Drive

Jul 2018

Source »
undisclosed
Cone Drive manufactures and markets precision motion control products for robotics, construction, energy, aerospace and defense sectors.

These are all the companies that Timken has acquired. Timken has acquired 17 companies and its latest acquisition was Aurora Bearing Company in Dec 2020. Aurora is a manufacturer and supplier of rod ends, brushings and spherical plain bearing products for aerospace, defense and transportation sectors.

Timken Funding History

No recent funding data found related to Timken

Timken Investments

No recent investments found related to Timken

These are all the companies that Timken has invested in. Timken has invested 17 companies and its latest investment was Aurora Bearing Company in Dec 2020. Aurora is a manufacturer and supplier of rod ends, brushings and spherical plain bearing products for aerospace, defense and transportation sectors.

Timken News

May 13, 2021MarketScreener

Goldman Sachs Industrials and Materials Conference

(marketscreener.com) The Timken Company Goldman Sachs Industrial and Materials Conference May 13, 202... See more »
May 12, 2021North American Windpower

Timken Touts Growing Presence in Burgeoning U.S. Wind Market

The Timken Co., a provider of engineered bearings and power transmission products, says it has achiev... See more »
May 11, 2021Windpower Engineering & Development

Timken reports significant company growth in the wind industry

The Timken Company announced that its wind energy revenue grew 17% over the last five years, outpacin... See more »
May 7, 2021MarketScreener

Increases Quarterly Dividend to 30 Cents Per Share

(marketscreener.com) NORTH CANTON, Ohio, May 7, 2021 /PRNewswire/ -- The board of directors of The Ti... See more »
May 7, 2021Crain's Cleveland Business

Timken Co. raises dividend by 3%

From Crain's Akron Business: Directors of North Canton-based Timken, a producer of engineered bearing... See more »
April 28, 2021Markets Insider

Timken Reports Record First-Quarter 2021 Results; Raises Full-Year Outlook

NORTH CANTON, Ohio, April 28, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a ... See more »
April 28, 2021RTTNews

Timken Boosts FY21 Outlook - Quick Facts

While reporting financial results for the first quarter on Wednesday, Timken Co. (TKR) raised its ear... See more »

Timken Press Releases

February 25, 2021PR Newswire

Timken Awards Annual Scholarships to Develop Next Generation of Innovators and Leaders

NORTH CANTON, Ohio, Feb. 25, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is h... See more »
February 23, 2021PR Newswire

Timken Recognized Among World's Most Ethical Companies for 11th Time

NORTH CANTON, Ohio, Feb. 23, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a w... See more »
February 8, 2021PR Newswire

Timken to Participate in the Citi 2021 Global Industrials Virtual Conference

NORTH CANTON, Ohio, Feb. 8, 2021 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a wo... See more »
February 7, 2020centralcharts

Timken Declares Quarterly Dividend of 28 Cents Per Share

Timken Declares Quarterly Dividend of 28 Cents Per Share PR Newswire NORTH CANTON, Ohio, Feb. 7, 2020... See more »
February 7, 2020centralcharts

Timken to Participate in the Citi 2020 Global Industrials Conference

Timken to Participate in the Citi 2020 Global Industrials Conference PR Newswire NORTH CANTON, Ohio, ... See more »
December 2, 2019PR Newswire

Timken to Host and Webcast Investor Day on Dec. 12 in New York City

NORTH CANTON, Ohio, Dec. 2, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a wo... See more »
November 4, 2019CSRwire

Timken Issues CSR Report, Demonstrating Commitment to Move the World Forward, for Good

See more »

Timken Videos

September 23, 2020Timken Youtube Channel

"Good Manufacturing Jobs, at Every Level" on YOUTUBE

See more »
March 26, 2020Timken Youtube Channel

"Timken Solutions Provides Savings in Slicer Application" on YOUTUBE

See more »
March 23, 2020Timken Youtube Channel

"Installing Timken® Quick Fit Split Cylindrical Roller Bearing Housed Unit (mounted bearing)" on YOUTUBE

See more »
February 25, 2020Timken Youtube Channel

"Timken Testimonial from Jim Connolly, Owner, Connolly Sales & Marketing" on YOUTUBE

See more »
February 24, 2020Timken Youtube Channel

"Ask the Expert - Where can I find torque specs servicing a commercial vehicle wheel end?" on YOUTUBE

See more »
February 24, 2020Timken Youtube Channel

"Ask the Expert - Do maintenance practices differ from manual adjust vs PreSet wheel bearings?" on YOUTUBE

See more »
February 24, 2020Timken Youtube Channel

"Ask the Expert - Can you use standard bearings in a PreSet application?" on YOUTUBE

See more »

Social Media

Timken Headquarters

4500 Mount Pleasant Street NW

North Canton, Ohio44720

234-262-3000

Driving Directions »

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Timken Summary

ABOUT

Overview

Timken manufactures and supplies bearings, alloy steel, power transmission components, engineered surfaces and lubrication. Timken was founded in 1899. Timken's headquarters is located in North Canton, Ohio, USA 44720. Timken's President & CEO, Richa...

CEO

Timken's President & CEO, Richard G. Kyle, currently has an approval rating of 79%. Timken's primary competitors are SKF, Schaeffler & NTN.

Website

timken.com

Frequently Asked Questions about Timken

  1. When was Timken founded?

    Timken was founded in 1899

  2. Who is Timken's CEO?

    Timken's CEO is Richard G. Kyle

  3. How much revenue does Timken generate?

    Timken generates $3.6B in revenue

  4. How much funding does Timken have?

    Timken has historically raised $0 in funding

  1. Where is Timken's headquarters?

    Timken's headquarters is in North Canton Ohio, USA

  2. How many employees does Timken have?

    Timken has 17,000 employees

  3. What sector does Timken operate in?

    Timken is in Industrial Machinery & Equipment

  4. Who are Timken's competitors?

    Timken's top competitors are SKF, Schaeffler, NTN
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