Timken

Maker of ball bearings.

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Headquarters:
1835 Dueber Ave. SW
Canton, OH 44706
Employees: 21,000
CEO: James Griffith
Stock Symbol: TKR

Website: http://www.timken.com

Career Site

The Timken Company keeps the world turning, with innovative ways to make customers' products run smoother, faster and more efficiently. Timken's highly engineered bearings, alloy steels and related products and services turn up everywhere ­ on land, on the seas and in space.

Wherever wheels or shafts are moving, from disk drives to drilling rigs, from dental drills to rolling mills, Timken products improve performance.

The company's products appear in the aerospace, automotive, construction, mining, rail and super precision industries. Timken has operations in 30 countries.

In 2011, Timken had revenues of $5.17 billion and net income of $456.6 million.

Timken completed two acquisitions in 2011 further diversifying its portfolio, including Philadelphia Gear for $200 million in July and Drives for $92 million in October.

History

Henry Timken, patented the tapered roller bearing, in 1898. The following year, he formed a company to produce his innovation. Through a century, the company grew to make bearings of all types, specialty steel and an array of related products and services. That growth has included a number of acquisitions, the largest of which was The Torrington Company, in 2003.

Benefits

- Comprehensive medical and prescription benefits
- Dental and vision coverage and special discounts
- Health and Dependent Care Reimbursement accounts for pre-tax savings
- Retirement and/or 401k plans with a variety of investment options
- Life insurance plans
- Disability benefits
- Paid vacation
- Educational assistance
- Associates discounts on a variety of items, including:
- Automotive purchases (including free Timken® bearings for your personal vehicle!)
- Cell phones
- Child care
- Computers
- Dry cleaning
- Fitness memberships
- Mortgages
- Tax preparation
- Wholesale clubs

Updated February 19, 2012