Timken-XEMC Joint Venture in China Shipping Ultra-Large Bore Bearings from Its Xiangtan, Hunan Facility
Timken is serving the world's top wind turbine manufacturers with expanded capacity in America, Europe and China
CANTON, Ohio, July 1 /PRNewswire-FirstCall/ -- The Timken Company (NYSE: TKR) said its Timken-XEMC Joint Venture in Xiangtan, Hunan province, China, recently began delivering its initial production of ultra-large bore bearings to XEMC Windpower Co., Ltd. The Timken® double-row tapered roller bearings have an outer diameter of approximately two meters (six feet).
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This is Timken's latest strategic investment in Asia. The new facility was built in nearly record time to provide the ultra-large bore bearings needed to serve China's wind-turbine demands.
"We have brought more than a century of power-transmission and materials expertise to this partnership striving to meet sustainable energy needs in China," said See Leong Fang, president of Timken China. "This new investment in Xiangtan is dedicated to help provide an environmentally sustainable source of power for China's rapidly expanding economy, in line with the Chinese government's goals of increasing capacity in renewable energies. Those renewable energies - and wind energy in particular - deploy emerging technology to which Timken can make a significant contribution."
Construction of the facility started in January 2009. Manufacturing equipment was installed, tested and approved, and workers were trained to ensure the facility was ready to meet all process and quality requirements for Timken-brand products.
"More than 30 Timken associates from the United States, India and China worked together as a team to help us ramp up this new facility in Xiangtan," said Christopher Coughlin, president of Timken's Process Industries Segment. "They ensured consistency in every facet of design, quality, installation and production. This consistency across our wind bearing plants on all three major continents is a Timken advantage that our customers value."
The first bearing produced at the new plant is a customized main shaft bearing designed to provide a new level of reliability in XEMC Windpower's multi-megawatt direct-drive turbine.
Timken also retooled and expanded its U.S. facilities in Asheboro, N.C. and Tyger River, S.C. to serve its customers. This is in addition to existing wind-bearing production in Wuxi, China; Chennai, India; and Ploiesti, Romania. The company also provides clean steel from its facilities in Canton, Ohio, for its own production and various wind-energy components for other customers.
More information about the company's wind energy capabilities is available online, including a complete media kit, at: http://www.timken.com/en-us/about/NewsRoom/MediaKits/Pages/MediaKits.aspx. Animations illustrating the company's wind-energy applications are available at: http://www.youtube.com/thetimkencompany.
About The Timken Company
The Timken Company (NYSE: TKR, http://www.timken.com) keeps the world turning with innovative friction management and power transmission products and services, enabling its customers' machinery to perform more efficiently and reliably. With sales of $3.1 billion in 2009, operations in 26 countries/territories and approximately 17,000 employees, Timken is Where You Turn® for better performance.
Timken is serving the world's top wind turbine manufacturers with expanded capacity in America, Europe and China
Media Contact: Lorrie Paul Crum, Manager - Global Media and Strategic Communications, Telephone: (330) 471-3514, Mobile: (330) 224-5021, [email protected]
Investor Contact: Steve Tschiegg, Director - Capital Markets and Investor Relations, Telephone: (330) 471-7446, [email protected]
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SOURCE The Timken Company
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