Timken to Increase Prices on Seamless Mechanical Tubing
02/18/2008 - Timken will increase prices on carbon and alloy seamless mechanical tubing, effective with shipments beginning on April 1, 2008.
The Timken Co. announced it will increase prices on carbon and alloy seamless mechanical tubing by up to 15%, depending on the size and product specification. This price increase is effective with shipments beginning on April 1, 2008.
The company noted that raw-material surcharges will remain in effect.
Timken provides innovative friction management and power transmission products and services. The company’s approximately 25,000 employees generated sales of $5.2 billion in 2007 from its operations in 26 countries.
