The Timken Company

GPTKB entity

Statements (97)
Predicate Object
gptkbp:instanceOf gptkb:Company
gptkbp:acquisition gptkb:The_Torrington_Company
gptkb:Fafnir_Bearing_Company
gptkb:Schaeffler_Group's_Bearings_Business
2003
2007
2014
2015
2019
gptkbp:awards Safety awards
Sustainability awards
Community service awards
Industry awards for innovation
Best workplace awards
gptkbp:CEO gptkb:Richard_G._Kyle
gptkbp:communityEngagement Active in community service
gptkbp:communityInvolvement Disaster relief efforts
Educational programs
Local charity support
Sponsorship of local events
Employee volunteer programs
gptkbp:culturalHeritage Promotes workplace diversity
Focus on safety and ethics
gptkbp:customerBase Diverse customer base
gptkbp:employees approximately 17,000
17,000 (2020)
gptkbp:financialPerformance Consistent revenue growth
Tracked by financial analysts
gptkbp:financials Publicly available financial reports
gptkbp:firstDeployment Diverse global workforce
gptkbp:founded 1899
gptkbp:founder gptkb:Henry_Timken
gptkbp:globalPresence Over 30 countries
gptkbp:hasCompetitors gptkb:NSK_Ltd.
gptkb:Schaeffler_AG
gptkb:NTN_Corporation
JTEKT Corporation
SKF
gptkbp:headCoach 17,000 (2020)
gptkbp:headquarters gptkb:North_Canton,_Ohio
https://www.w3.org/2000/01/rdf-schema#label The Timken Company
gptkbp:industry Manufacturing
gptkbp:innovation Invests in research and development
gptkbp:investmentFocus Engages with investors
gptkbp:isFacilitatedBy ISO_certified
gptkbp:leadership Experienced leadership team
gptkbp:localGovernment Strong governance practices
gptkbp:market $3.5 billion (2023)
Global market leader in bearings
gptkbp:marketingStrategy Aerospace segment
Industrial segment
Energy segment
Rail segment
Automotive_segment
gptkbp:marketShare Significant market share in bearings
gptkbp:netIncome $300 million (2022)
gptkbp:operatingHours $500 million (2022)
gptkbp:partnerships Various automotive manufacturers
Railroad companies
Aerospace industry collaborations
Collaborates with various industries
Industrial equipment suppliers
Energy sector collaborations
gptkbp:patentCitation Over 1,000 patents
Holds numerous patents
gptkbp:philanthropy Supports local communities
gptkbp:productionCompany Facilities_in_Europe
Facilities_in_Asia
Facilities_in_North_America
gptkbp:products Steel
Bearings
Power_Transmission_Products
gptkbp:researchAndDevelopment Significant investment in R&D
gptkbp:researchInterest Multiple_R&D_centers
gptkbp:revenue $3.1 billion (2020)
$3.1 billion (2022)
gptkbp:services Aerospace
Automotive
Energy
Industrial
Rail
gptkbp:stockSymbol TKR
gptkbp:subsidiary gptkb:TimkenSteel_Corporation
gptkb:Timken_India_Limited
gptkb:Timken_de_Mexico
gptkbp:supplyChain Commitment to sustainable practices
Efficient logistics
Global supply chain management
gptkbp:sustainability Focus on environmental responsibility
gptkbp:sustainabilityInitiatives Carbon Neutrality Goals
Community Engagement Programs
Waste Reduction Programs
Water Conservation Efforts
Renewable Energy Usage
gptkbp:tradedOn gptkb:New_York_Stock_Exchange
gptkbp:training Comprehensive training programs
gptkbp:website www.timken.com