Timken to Increase Seamless Tubing Prices
CANTON, Ohio, April 7 -- The Timken Corporation today announced price increases on seamless tubular steel products effective with shipments from July 1, 2005 until further notice. Raw material surcharges will remain in effect.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) All Carbon Tubing: * >/= 1.75" Walls +25% * < 1.75" Walls + 20% All Alloy Tubing: * >/= 1.75" Walls +12% * < 1.75" Walls + 8%
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. The company reported record sales of $4.5 billion in 2004 and employed approximately 26,000 at year-end.
Media Contact, Robert G. Bourquin, Senior Communications Representative, (330) 471-7106 , or Investor Contact, Kevin R. Beck, Manager - Investor Relations, (330) 471-7181
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