The Timken Company's Annual Meeting of Shareholders to be Held on May 7, 2015
Resource from: Timken Likes:177
Mar 31,2015
NORTH CANTON, Ohio, March 30, 2015 /PRNewswire-FirstCall/ -- The Timken Company (NYSE: TKR; www.timken.com) released its 2014 Annual Report to shareholders and announced its Annual Meeting will be held on May 7. The Annual Report – The World in Focus – highlights how the company, following a period of strategic realignment and reshaping of its product portfolio, is becoming stronger and even more focused on its customers and shareholders.
"We are focused on the fundamentals," wrote Richard G. Kyle, president and CEO, in his letter to shareholders. "That means a decisive management team, operational excellence, global growth and solid margins. We are committed to our customers and to identifying and solving their most complex friction management and power transmission needs.
"During the year, we transitioned leadership and quickly developed a cohesive, action-oriented and aligned management team who shares a clear vision of our priorities: excellence, growth and knowledge-based product leadership," Kyle added. "The team launched several new growth initiatives, improved operating margins and delivered solid returns to shareholders."
Kyle noted that the company also introduced DeltaX, a multi-year initiative to accelerate growth. The effort includes redesigning product management, engineering and business resources to drive product development to commercialization more efficiently, allowing Timken to better meet customer needs.
To view the Timken 2014 Annual Report and 2015 Proxy Statement, which contains more information about the company's Annual Meeting, visit www.timken.com/investors.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) engineers, manufactures and markets bearings, transmissions, motors, gearboxes, chain and related products, and offers a spectrum of powertrain rebuild and repair services. The leading authority on tapered roller bearings, Timken today applies its deep knowledge of metallurgy, tribology and mechanical power transmission across a variety of bearings and related systems to improve reliability and efficiency of machinery and equipment all around the world. The company's growing product and services portfolio features many strong industrial brands including Timken®, Fafnir®, Philadelphia Gear®, Interlube® and Drives®. Known for its quality products and collaborative technical sales model, Timken posted $3.1 billion in sales in 2014. With approximately 16,000 people operating from 28 countries, Timken makes the world more productive and keeps industry in motion.
(Timken)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous NTN's Sogo delivers Commencement at Wasada University
Next Schaeffler: Making the right turn
Next Schaeffler: Making the right turn
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
