The Timken Corp. announced it will increase prices on seamless tubular steel products effective with shipments from July 1, 2005 until further notice.

Carbon Tubing will increase 25% for wall thicknesses of 1.75 inches or above, and by 20% for wall thicknesses less than 1.75 inches. Alloy tubing will increase by 12% for wall thicknesses of 1.75 inches or above, and by 8% for wall thicknesses less than 1.75 inches.

Raw material surcharges will remain in effect.

The Timken Corp. is a U.S. sales and marketing subsidiary of The Timken Co. The Timken Co. is a leading global manufacturer of highly engineered bearings and alloy steels and a provider of related products and services with operations in 27 countries. The company reported record sales of $4.5 billion in 2004 and employed approximately 26,000 at year-end.