TimkenSteel
Latest News
Timken Doubles EPS on Record First Quarter Sales and Net Income
20 April 2005 - The Timken Co. reported record net income of $58.2 million on record sales of $1.3 billion for the first quarter of 2005.
Timken to Increase Seamless Tubing Prices
08 April 2005 - The Timken Corp. announced it will increase prices on seamless tubular steel products effective with shipments from July 1, 2005 until further notice.
Timken Raises Earnings Expectations
01 April 2005 - The Timken Co. announced increased earnings expectations for the first quarter and full year, based on strong industrial market demand, price increases, raw material surcharges and increased productivity.
Timken Latrobe to Increase Aerospace Steel Prices
15 March 2005 - Timken Latrobe Steel will increase prices by 5 to 10% on all remelted aerospace alloys and air melt stainless steel grades. The price change will be effective with all new orders received beginning March 15, 2005. Raw material surcharges will remain in effect.
Timken to Sponsor Engineer of the Year Award
08 March 2005 - The Timken Co. announced it will sponsor Design News' "Engineer of the Year" award.
Timken Reports Increased Earnings on Record Sales
02 February 2005 - The Timken Co. reported net income of $135.7 million on record sales of $4.5 billion for 2004.
Timken Latrobe to Modify Specialty Steel Pricing Policy
01 February 2005 - Timken Latrobe Steel is changing its pricing policy to ‘price in effect at time of shipment’ to select market segments, effective with shipments on April 1, 2005. Timken Latrobe will temporarily suspend its 50% cancellation charge during the month of February on any planned orders to customers affected by this policy change.
Timken Names Vice President of Product Innovation
27 January 2005 - The Timken Co. has named Donald J. Remboski Vice President—Product Innovation for the Technology Group at Timken Research in North Canton, Ohio.
Timken Increases 2004 Earnings Estimate
14 January 2005 - The Timken Co. is increasing its 2004 earnings estimate, excluding special items, to $1.30 to $1.35 per diluted share, which compares to a previous estimate of $1.20 to $1.25.
Timken Latrobe to Increase Aerospace Specialty Steel Prices
12 January 2005 - Timken Latrobe Steel announced it would increase prices by 5 to 15% on all remelted aerospace alloys and air melt stainless steel grades. The price change will be effective with all new orders received beginning January 17, 2005. Raw material surcharges will remain in effect.
Timken Latrobe to Increase High-speed Steel Prices
30 November 2004 - Timken Latrobe Steel announced it would increase prices by 5% on all high speed steel products.
Timken Reports 3rd Quarter Results
04 November 2004 - The Timken Co. announced net earnings of $17.5 million on sales of $1.1 billion for the third quarter, and net income of $71.3 million on sales of $3.3 billion for the first nine months of 2004.
MultiServ Logs Two Multi-Year Contracts
01 November 2004 - Worldwide industrial services and products company Harsco Corp. announced that its MultiServ mill services division has been awarded multi-year contracts totaling more than $15 million in projected new revenues over their duration for on-site mill services at two specialty steel plants in the U.S. and UK.
Timken Latrobe to Increase Tool Steel Prices
21 October 2004 - Timken Latrobe Steel will increase prices by 6 to 8% on rounds, plate and flats tool steel and alloy products. The price change is effective with shipments beginning on November 1, 2004.
Timken Latrobe to Increase Specialty Steel Prices
29 September 2004 - Timken Latrobe Steel will increase base prices by an average of 8% on all air melted and remelted noncontract aerospace alloy steel grades. The price change is effective with all new orders received beginning on October 1, 2004.
Timken Reaches New Contract Agreement with UAW
14 September 2004 - Timken, Local 1645, and the United Auto Workers (UAW) jointly announced agreement on a new contract.
Timken to Increase Steel Bar Prices
09 September 2004 - The Timken Corp. announced price increases on steel bar products.
Timken Latrobe to Modify Specialty Steel Pricing Policies
02 September 2004 - Timken Latrobe Steel announced it would change two pricing policies on all remelted aerospace alloy steel grades.
Timken Earns Training Award from Industry Publication
13 August 2004 - The Timken Co. recently earned the fifth annual Manufacturer Product Training Award from Progressive Distributor magazine in recognition of its Distributor Training School.
Timken Latrobe to Increase Specialty Steel Prices
05 August 2004 - Timken Latrobe Steel has increased base prices by 3 to 10% on all remelted aerospace alloy steel grades. The price change is effective with all new orders received.
