Engineered bearings and industrial motion company The Timken Co., has agreed to acquire CGI Inc., a Nevada-based manufacturer of precision drive systems serving a broad range of automation markets with a concentration in medical robotics. The deal is subject to customary closing conditions, including regulatory approval, and is expected to close in the third quarter. […]
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Timken acquiring precision-drives maker Cone Drive
The Timken Company has reached an agreement to acquire Cone Drive, a leader in precision drives used in diverse markets including solar, automation, aerial platforms, and food and beverage. Cone Drive sales are expected to be slightly above $100 million for the full year 2018. “We are executing our strategy to profitably grow Timken’s power […]
Bearings help industry roll along
By Michael Jermann, Assistant Editor With gas prices and global temperatures rising, people are starting to take a closer look at harnessing the renewable energy of Mother Nature. Wind power is one of the fastest growing methods of energy generation. But in order to generate power efficiently, wind turbines must operate as smoothly and reliably […]
New High-Performance Timken® Encoder to Be Unveiled
The Timken Company (NYSE: TKR) plans to introduce the Timken® MPS512 Multiplying Encoder ASIC, featuring the companys latest magnetic encoder technology, at Westec 2013, Booth 1281, Oct. 15-17, at the Los Angeles Convention Center. Westec showcases the latest innovations from leaders in manufacturing. The new Timken MPS512 Multiplying Encoder ASIC offers a compact design, combined […]
Timken introduces new ADAPT Bearings
The Timken Company (www.timken.com) has unveiled the latest line of high capacity, easy-to-install bearings for the most demanding continuous caster applications in the metal industry, the new ADAPT bearings. This new bearing comes with a unique design that delivers optimal performance, reliability and ease of installation, which translates to lower downtime attributed to maintenance intervals. […]
Timken introduces 454-Series Set-Right Hub Rebuild Kits
The Timken Company (www.timken.com) has announced its wider range of Set-Right Heavy Duty Hub Rebuild Kits in its continuing effort to provide the heavy-duty market with a complete line of wheel bearings. The Timken 454-Series of bearings features a special design to accommodate the 2″ offset loads incorporated in many new axle designs. Its surface […]
Timken Launches High-Resolution Magnetic Encoder
CANTON, OH — The Timken Company (NYSE: TKR) has launched a new packaged, industrial magnetic encoder designed to provide increased reliability and performance over conventional optical encoders, especially in high-shock and vibration conditions. “This technology lets the plant engineer sleep at night, knowing his or her operation won’t go down from a common encoder failure” […]
