Timken IsoClass Metric Bearings Introduced
2 October 1998
The Timken Company Introduces Timken IsoClass Metric BearingsCANTON, Ohio, Oct. 2 -- The Timken Company today introduced its new Timken(R) IsoClass(TM) line of metric 30000 series tapered roller bearings at a special meeting with its authorized bearing distributors in Europe. For decades, Timken has been the world leader in the manufacture of inch- based tapered roller bearings. While metric-sized bearings were an important part of its standard line, this new initiative is designed to make Timken an even more formidable source of metric product. "To serve this important market, we recognized the need to expand our ability to produce and market metric bearings," said Robert L. Leibensperger, executive vice president, chief operating officer and president -- bearings. "This launch marks the start of a global initiative that is backed with increased production capacity, an expanded line of competitively priced product, worldwide promotion, and a well-trained sales force. Enhancing our metric market service also represents a profitable growth opportunity that will increase shareholder value." Since 1996, Timken has invested $60 million in new plants and people, including facilities in Italy, Poland and eight other countries, to support the IsoClass tapered roller bearing product line. The result is a selection of more than 170 part numbers that cover the full spectrum of metric bearings, including both a line of flanged IsoClass bearings and a customized line of IsoClass bearings to facilitate modifications to meet special application requirements. "We also have invested more than a half million hours in developing new designs and performance testing," said Michael C. Arnold, vice president - bearings - business process advancement. "Every IsoClass bearing, no matter where in the world it is manufactured, meets our stringent worldwide quality requirements, assuring our customers of not only a full line but the highest quality line of 30000 series metric bearings." Although the United States market largely uses inch-based bearings, nearly half the world's tapered roller bearing market is metric. Today's product launch will be followed with events in the US, Asia and Latin America to mark the product's worldwide debut. The Timken Company (http://www.timken.com) is a leading international manufacturer of highly engineered bearings and alloy steels. The company employs 21,000 people worldwide and reported 1997 sales of more than U.S. $2.6 billion.