Timken to Increase Seamless Tubing Prices
CANTON, Ohio, Aug. 27, 2004 -- The Timken Corporation today announces a 7 percent price increase on mill shipments of seamless tubular steel products effective with orders placed on September 1, 2004 and later. Raw material surcharges will remain in effect.
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The Timken Corporation is a U.S. sales and marketing subsidiary of The Timken Company ( www.timken.com ). The Timken Company is a leading global manufacturer of highly engineered bearings and alloy steels and a provider of related products and services with operations in 27 countries. A Fortune 500 company, Timken recorded 2003 sales of $3.8 billion and employed approximately 26,000 at year-end.
Media Contact: Robert G. Bourquin Senior Communications Representative (330) 471-7106 www.timken.com/media Investor Contact: Kevin R. Beck Manager - Investor Relations (330) 471-7181Photo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO
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