The Dudley, UK factory of The Timken Company supplies the engineered bearings it manufactures into a multitude of industries including mining, food and beverage, pulp and paper, cement, marine, and wastewater. Recently there has been a significant increase in demand for larger bearings up to 1,200 mm in diameter for use in the construction of wind turbines, which promises exponential growth in the coming years as countries across the globe work towards meeting their green energy targets.

The Timken Company recently announced its packaged wheel bearings are being used on Ford Motor Company's F-150 Lightning, the first mainstream electric light-duty pickup truck to hit the market. Timken bearings on the F-150 Lightning represent incremental content per vehicle, compared to its gasoline-powered counterpart.

The Timken Company has completed its previously announced acquisition of GGB Bearings.

The Timken Company has closed the sale of its Aerospace Drive Systems (ADS) business to PCX Aerostructures, LLC. Terms were not disclosed. ADS is a supplier of drive system components and sub-assemblies for military and civil rotorcraft applications. ADS revenue is expected to be around $50 million in 2022.

The Timken Company has reached an agreement to acquire GGB Bearing Technology (GGB), a division of Enpro, Industries (including exclusive negotiations with respect to the French operations of GGB). Founded in 1899, GGB serves a variety of diverse customers, markets, geographies and applications with a product portfolio that complements existing Timken industry-leading engineered bearing solutions. GGB revenue is expected to be around $200 million in fiscal year 2022. 

Bearing calculations from Timken can now be easily generated in KISSsoft for the software’s registered users. Although the data is not visible in KISSsoft, it can be used in the background for calculation and design purposes.

The Timken Company recently announced new appointments for company executives Christopher Coughlin, Andreas Roellgen, and Natasha Pollock.