CANTON, Ohio, March 26 /PRNewswire-FirstCall/ -- The Timken Company today announced it will increase base prices on 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 will remain in effect. (Logo: http://www.newscom.com/cgi-bin/prnh/20100210/TIMKENLOGO ) About The Timken Company
The Timken Company keeps the world turning with innovative friction management and power transmission products and services, enabling our customers' 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.
Media Contact: Lorrie Paul Crum, Manager - Global Media and Strategic Communications, Telephone: (330) 471-3514, Mobile: (330) 224-5021, lorrie.crum@timken.com
Investor Contact: Steve Tschiegg, Director - Capital Markets and Investor Relations, Telephone: (330) 471-7446, steve.tschiegg@timken.com
For Additional Information: www.timken.com/media www.timken.com/investors
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The Timken Company
CONTACT: Media: Lorrie Paul Crum, Manager - Global Media and Strategic
Communications, +1-330-471-3514, Mobile, +1-330-224-5021,
lorrie.crum@timken.com, Investors: Steve Tschiegg, Director - Capital Markets
and Investor Relations, +1-330-471-7446, steve.tschiegg@timken.com
Web Site: http://www.timken.com/