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Timken and United Steelworkers Reach Tentative Contract Agreement

20 December 1999

The Timken Company and United Steelworkers Reach Tentative Contract Agreement THE TIMKEN COMPANY LOGO The Timken Company, Worldwide Leader in Bearings and Steel. (PRNewsFoto)[KC] CANTON, OH USA 10/12/1999    

    CANTON, Ohio, Dec. 17 -- The Steelworkers union issued this
announcement late last night:
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO )
    The United Steelworkers of America has reached a tentative agreement with
The Timken Company that covers hourly employees at their Canton, Wooster and
Columbus plants.  The Union Bargaining Committee is recommending that the
membership ratify the early agreement.
    Arrangements are now being made for information and ratification meetings.
At that time, the Union Bargaining Committee will explain details of the
tentative agreement and answer questions.
    The current Basic Labor Agreement expires on September 25, 2000.
    The ratification vote is expected to take place in early January.
    The Timken Company ( http://www.timken.com ) is a leading
international manufacturer of highly engineered bearings and alloy steels with
operations in 25 countries.  The company employs 21,000 people worldwide and
reported 1998 sales of more than U.S. $2.6 billion.