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TimkenSteel-2014-Annual-Report-FINAL-03112015_v001_d4t4ig

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As smart, strong and reliable as our steel,<br />

our people are at the heart of the problemsolving<br />

culture that delivers tailored solutions<br />

to customers’ toughest engineering and<br />

supply chain challenges.<br />

Whether it’s battling corrosive conditions<br />

five miles below the ocean’s surface or<br />

handling the torque of a bearing in a wind<br />

turbine 250 feet in the air, we thrive on<br />

developing steel solutions for the world’s<br />

most demanding applications.<br />

STRONG COMMUNITIES<br />

STRENGTHEN OUR BUSINESS<br />

Our success relies on having the best<br />

people who can think on their feet and<br />

solve tough problems – in every position<br />

in the company. Fundamentally, we<br />

believe thriving communities attract the<br />

best talent to our growing organization<br />

and develop young people who will be<br />

the workforce of tomorrow.<br />

Our industry-leading expertise in metallurgy,<br />

steelmaking, heat treating, machining and<br />

industrial applications consistently provides<br />

our customers with enhanced value and,<br />

ultimately, peace of mind.<br />

Institutionally, we offer a century of expertise.<br />

Individually, our people are highly educated<br />

and specialized professionals who drive results.<br />

To optimize our work with customers,<br />

our sales team is comprised largely of<br />

engineers. In fact, engineers represent nearly<br />

a third of our salaried employees overall.<br />

In manufacturing, most of our supervisors<br />

have degrees, and our hourly workforce is<br />

made up of talented employees from local<br />

communities, trained to operate with safety<br />

and precision to deliver high-quality results.<br />

Our employees serve on charitable<br />

boards wherever we operate and<br />

many more give their time in volunteer<br />

activities. In <strong>2014</strong>, we carried on<br />

our heritage of commitment to our<br />

local communities by establishing the<br />

<strong>TimkenSteel</strong> Charitable Fund. This fund<br />

matches our employees’ charitable<br />

donations and supports programs<br />

that make a significant impact in our<br />

communities, from the basic needs<br />

and education initiatives provided<br />

through United Way to building homes<br />

through Habitat for Humanity to a<br />

myriad of other economic development<br />

initiatives. One of our key priorities is in<br />

the area of education, where we award<br />

scholarships from $5,000 to $35,000<br />

to children of our employees.<br />

Our ability to create, design, optimize and<br />

understand how steel will perform in our<br />

customers’ applications sets us apart from<br />

our competitors, and it helps us to deliver<br />

the kind of sustainable value that both<br />

customers and shareholders demand.<br />

Working together, we make a positive<br />

impact in our local communities.<br />

20<br />

14<br />

TIMKENSTEEL ANNUAL REPORT<br />

07<br />

08

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