Date: 2013-08-20

Timken Wins US$26 Million Wind Energy Contract Supplying Goldwind

TIMKEN suppliesa broad range of wind-power solutions for the global market including: engineering design, development and testing support; high quality alloy steels; gearbox components and systems; tapered, cylindrical, and spherical roller bearings; seals and lubrication products; online condition-monitoring; and global field services and technical support.
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CANTON, Ohio, July 28 /PRNewswire-FirstCall/ -- The Timken Company (NYSE: TKR) has received a contract worth US$26 million to supply wind turbine products and services to China's Xinjiang Goldwind Science & Technology Company, one of the world's top five wind power equipment manufacturers.
The agreement reinforces Timken's position as a leader in the sector, providing a customer-focused breadth of bearings and gearbox systems for multi-megawatt wind turbines. The company's product offering also includes a full complement of seals, lubrication and online condition monitoring and support services for the life of the equipment.

The company recently began producing ultra-large bore bearings for wind turbines in Xiangtan, Hunan Province, and retooled and expanded its U.S. facilities in Asheboro, N.C. and Tyger River, S.C. to serve customers in the industry. This is in addition to Timken's existing wind-bearing production in Wuxi, China; Chennai, India; and Ploiesti, Romania. The company also provides clean Timken steel from its facilities in Canton, Ohio, for its own production and for various wind-energy components for other customers.

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