Timken to Increase Prices on Special Bar Quality Products

Resource from: Timken Company Likes:3056

May 03,2011

CANTON, Ohio, May 2, 2011 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced it will increase base prices on all special bar quality (SBQ) products by $40 per ton. These price increases are effective with shipments beginning on June 1, 2011 and apply only to non-contract pricing. Raw material surcharges remain in effect. (Logo: http://photos.prnewswire.com/prnh/20100210/TIMKENLOGO ) About The Timken Company The Timken Company (NYSE: TKR; www.timken.com) keeps the world turning with innovative friction management and power transmission products and services that are critical to help hard-working machinery to perform efficiently and reliably. With sales of $4.1 billion in 2010 and operations in 28 countries with approximately 20,000 people, Timken is Where You Turn® for better performance.

(Timken Company)

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