Your location:  Home  >  Bearing News  >  World Bearing News
<<  Back

Timken Announces New Office Complex In Stark County, Ohio

Resource from:  Timken Likes:2967
Feb 29,2012
CANTON, Ohio, Feb. 28, 2012 /PRNewswire/ -- The Timken Company (NYSE: TKR) today announced that it will invest $42 million in Stark County, Ohio, to build a new two-story office complex connected to its existing facility near the Akron-Canton airport. The new 160,000 square foot building will bring together personnel from its Bearings and Power Transmission headquarters, currently located in leased facilities in downtown Canton, with their colleagues at the company's global technology center. Construction will begin as early as April 2012 to accommodate a combined team of nearly 1,000 employees, from research and development, engineering, customer service, and the sales and marketing functions. Company officials foresee increased collaboration among employees at the new North Canton campus, thereby increasing the speed of innovation and levels of customer service when the project is completed in the fourth quarter of 2013. At that time, Timken will relocate 500 associates into the building. "The company has changed dramatically in the last decade, growing into new areas of mechanical power transmission and increasing the need for Timken people to work closely together to deliver exceptional value to stakeholders," said James W. Griffith, president and chief executive officer. "More effective collaboration between our business and technology teams will speed the pace of innovation in the company. Improved physical space with closer proximity of work teams is key to that collaboration." The company directly employs more than 4,000 people in Stark County, who are located at Timken's global headquarters, Steel segment headquarters, steel plants and leased offices in the city of Canton; steel and roller plants in Canton Township and Perry Township; and its technology center in Jackson Township. "Timken is proud to have its global headquarters here in Stark County, and will continue to be a vital part of this community's future," Griffith said.
(Timken)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.