Timken to Increase Prices on SBQ Products
05/02/2008 - Timken will increase base prices on hot-rolled, cold-finished and thermal-treated special bar quality products, effective with shipments beginning July 1.
The Timken Co. announced it will increase base prices on hot-rolled, cold-finished and thermal-treated special bar quality products by up to $50 per ton, based on size.
The price increase is effective with shipments beginning on July 1, 2008.
The company noted that its raw-material surcharges will remain in effect.
Timken provides innovative friction management and power transmission products and services. Its approximately 25,000 employees generated sales of $5.2 billion in 2007 from its operations in 27 countries.
