Timken to Provide Repair Services for Sparrows Point
09/03/2008 - Timken will provide industrial services to OAO Severstal’s Sparrows Point facility, including the performance of bearing, chock, and roll repairs as well as other lifecycle services.
The Timken Co. announced that it has been contracted to provide industrial services to Sparrows Point, a fully integrated steel mill based in Baltimore.
As a full-service supplier to Sparrow’s Point, Timken will perform bearing, chock, and roll repair as well as other lifecycle services for the Sparrows Point operations. Timken will provide service on approximately 50 different bearing part numbers for use in Sparrows Point’s cold and hot rolling mills.
Timken’s bearing repair services have provided Sparrows Point with like-new bearings at an average of 45% less than the cost of new bearings. Repair lead times also average 10 to 12 weeks compared to far longer lead times for new bearings.
Sparrows Point is a subsidiary of OAO Severstal, one of the world’s leading metal and mining companies.
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.