Timken Acquisition Broadens Couplings Product Line
Terms undisclosed
"Technically differentiated products"
The Timken Company is adding another manufacturing entity to its selection of bearings and mechanical power transmission products: it acquired Torsion Control Products Inc., a manufacturer of engineered torsional couplings for construction, agriculture, and mining equipment, for an undisclosed price.
Michigan-based Torsion Control Products had sales revenue approximated at $20 million in 2016, Timken noted.
The buyer explained that the acquisition fits within its strategy to grow its portfolio of bearings and mechanical power transmission products. Other recent
The Timken Company is adding another manufacturing entity to its selection of bearings and mechanical power transmission products: it acquired Torsion Control Products Inc., a manufacturer of engineered torsional couplings for construction, agriculture, and mining equipment, for an undisclosed price.
Michigan-based Torsion Control Products had sales revenue approximated at $20 million in 2016, Timken noted.
The buyer explained that the acquisition fits within its strategy to grow its portfolio of bearings and mechanical power transmission products. Other recent
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Next Timken to Announce First-Quarter 2017 Financial Results on April 26
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