Date: 2013-08-01

Timken Opens New Small-Bar Steel Rolling Mill

The Timken Company (NYSE: TKR) today officially opened a new $60 million small-bar steel rolling mill that has expanded its portfolio of differentiated steel products. The new mill enables the company to produce steel bars down to 1 inch in diameter for use in power transmission and friction management applications. The company expects this high-performance steel to meet the needs of a variety of customers in the bearing, industrial, energy, distribution and automotive market sectors, including transplant automakers.

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