Contacts - Timken

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About Us 2 In an increasingly competitive world, Timken provides solutions that help customers reach their full potential. Our customers turn to us as a trusted partner in solving their toughest friction management and power transmission challenges. And while we provide products, services and technical support that help equipment perform better, customers rely on us for so much more – like reducing operating costs and providing expertise that contributes to the bottom line. As the world changes, so do our customers’ needs. In addition to offering more than 100 years of experience, we continue to expand our capabilities in engineering, metallurgy and precision manufacturing to meet those needs. We are committed to solving technical problems for our customers, no matter how simple or complex. Because we succeed when they do.
2007 Financial Highlights* (*dollars in thousands, except per share data) Net sales $ 5,236,020 Net income $ 220,054 Earnings per share, diluted $ 2.30 Dividends per share $ .66 The Timken Company is a leading global provider of highly engineered bearings, power transmission solutions and high-quality alloy steels. We serve a wide range of industries through our Bearings and Power Transmission Group business segments – Aerospace and Defense, Process Industries and Mobile Industries – and our Steel Group. Major Products and Services Aerospace components and services Alloy steel bars and tubing Bearings, assemblies and related parts Bearing maintenance tools Condition monitoring systems and services Engineering and technical services Grease and lubricators Helicopter transmissions and rotorhead assemblies Precision steel components Repair and refurbishing services Sensor products Training Fast Facts Established in 1899 Total number of associates worldwide: 25,000 Total number of facilities: 62 plants and 104 sales offices, technology centers and distribution warehouses located in 27 countries on six continents Paid 342nd consecutive quarterly dividend in 2007 Listed on the New York Stock Exchange since 1922 Technology Timken’s technology footprint spans the globe. Our 12 technology centers are located in Bangalore, India; Brno, Czech Republic; Colmar, France; Künsebeck, Germany; Ploeisti, Romania; and the United States in Canton and North Canton, OH; Greenville, SC; Lebanon and Keene, NH; Manchester, CT; and Mesa, AZ. Quality Quality is the cornerstone of our brand promise and a key to our global competitiveness. Timken associates are trained in quality processes to ensure that customers receive consistent and excellent quality in our products and services. As of 2007, Timken received more than 300 customer quality awards. As of 2007, Timken’s plants and distribution centers received 105 quality certifications under ISO 9001, ISO/TS 16949, AS9100, M-1003 and other quality certifications. Global Citizenship Operating with ethics and integrity is one of our core values. Making ethical business decisions and treating people with respect are embedded in the company’s culture. Our values are the foundation for how we interact with the world. Timken has a long tradition of supporting the communities in which it operates. Each year, Timken contributes millions of dollars to social and educational programs. Associates are encouraged to volunteer their time to local efforts. Just as we act to sustain healthy communities, we also are committed to sustaining the environment. As of 2007, 28 plants received ISO 14001 environmental certification. We melt nearly 600,000 tons of shredded scrap each year to make steel. The scrap consists of a 50/50 blend of autos and appliances. Through our wastewater recycling program in Canton, OH, approximately 8 billion gallons of water are reused each year. Recent Acquisitions Boring Specialties, Inc. assets, Houston, TX Deep-hole oil and gas drilling and extraction products and services. Purdy Corporation assets, Manchester, CT Design, manufacturing, testing, overhaul and repair of helicopter transmissions, rotorhead assemblies and other aircraft components. 3
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Contacts - Timken

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