Timken Awards Scholarships Valued at $540,000 to 17 Children of Employees Around the World

Live Global Webcast Hosted at World Headquarters Recognizes Scholars and Their Parents

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Mar 16, 2015, 09:00 ET

NORTH CANTON, Ohio, March 16, 2015 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) today awarded scholarships to 17 sons and daughters of Timken associates in 11 locations around the world. The Timken Company Charitable and Educational Fund, Inc. funds the scholarships, with a total value of up to $540,000 over four years. The program has awarded more than $21 million in scholarships since its founding in 1958.

Chairman John M. Timken, Jr., hosted a recognition event at World Headquarters in North Canton, Ohio, involving students and their parents. Local scholarship finalists attended the event in person, while other finalists and their parents joined by a global webcast. "As we continue our company's long-standing tradition of promoting education and know-how for our associates and their families, it's an honor to invest in such outstanding students and support them in pursuing their dreams," Timken said. "The 2015 Timken Global Scholars join an elite group, and today we recognize our newest scholars for their impressive academic achievements, extracurricular activities and community commitment."

The $35,000 Henry Timken Scholar Award, which recognizes the top-ranked applicant, is renewable for up to three additional years for a total of $140,000. This year's Henry Timken Scholar is Bogdan Konnerth, the son of Octavian Konnerth, Timken service engineering manager based in Ploiesti, Romania. Bogdan, a graduating senior at Ion Luca Caragiale National College in Ploiesti, plans to study aerospace engineering at the University of Liverpool.

The $25,000 Jack Timken Scholar Award was presented to Mianna Schut, the daughter of Jeffrey Schut, principal inventory planner at World Headquarters. This new award, recognizing the dedicated service of Ward J. Timken, who retired last year from The Timken Company's Board of Directors, is renewable for up to three additional years for a total of $100,000. After graduation from GlenOak High School in Canton, Ohio, Mianna plans to study nursing at Walsh University.

Five students received $10,000 scholarships, renewable for up to three additional years for a total value of $40,000 each.

Dan Alexandru Constantin, the son of Aurelian Constantin, senior process design engineer in Ploiesti. A senior at the National College Nikita Stanescu in Ploiesti, Dan plans to study IT engineering at Polytechnic University of Bucharest.
Samuel Lanier, the son of Tracy Lanier, analyst at the company's Lincolnton plant in North Carolina. After graduating from Lincolnton High School, Samuel plans to study material sciences and engineering at North Carolina State University.
Shefali Roy, the daughter of Kamlesh Roy, senior line engineer at the company's facility in Jamshedpur, India. A senior at Hill Top School in Jamshedpur, Shefali plans to study science at the University of Delhi.
Ryan Springer, the son of Thomas Springer, program manager at World Headquarters. A graduating senior at Hoover High School, Ryan plans to study engineering or computer science at The Ohio State University.
Zoe Yu, the daughter of Zai Zhang, manufacturing technician at the plant in Lebanon, N.H. The senior at Hanover High School in Hanover, N.H., plans to study engineering at Princeton University.

In addition, 10 individuals received $10,000 scholarships:

Shreyas Chaudhari, the son of Rahul Chaudhari, manager of manufacturing technology at World Headquarters. A graduating senior at Hoover High School in North Canton, Shreyas plans to study electrical/computer engineering at Carnegie Mellon University.
Courtney DeVos, the daughter of Robert DeVos, technical sales representative in Toronto, Canada. When she leaves Waterloo-Oxford District Secondary School in Baden, Ontario, Courtney plans to study neuroscience at Western University in London, Ontario.
Kristen Dix, the daughter of John Dix, a Timken retiree in the Detroit area. A graduating senior at Troy High School in Troy, Mich., Kristen plans to study mechanical engineering at the University of Michigan.
Maisie Fisher, the daughter of Frank Fisher, electrical technician at the company's Tyger River plant in South Carolina. A graduating senior at Union County High School in Union, S.C., Maisie plans to study biology and Spanish at Presbyterian College in Clinton, S.C.
Andrei-Alexander Ichim, the son of Adrian Ichim, senior programmer in Ploiesti. A graduating senior at Mihai Viteazul National College in Bucharest, Romania, Andrei-Alexander plans to study medical science at a top university in the United Kingdom.
Danish Khan, the son of Abdul Kalim, senior line engineer in Jamshedpur. A graduating senior at Loyola School in Jamshedpur, Danish plans to study mechanical engineering at Birla Institute of Technology & Science in Pilani, India.
Kamil Laprus, the son of Leszek Laprus, finishing production warehouse associate in Sosnowiec, Poland. A graduating senior at Stanislaw Staszic High School No. 4 , Kamil plans to study physics at Harvard University.
Dorota Sacha, the daughter of Wojciech Sacha, market development specialist based in Colmar, France. A graduating senior at Lycee Koeberle in Selestat, France, Dorota plans to study languages at Strasbourg University.
Yu'Ang Song, the son of Xiaowei Xie, supply chain manager in Wuxi, China. A senior at Jiangsu Tianyi High School in Nanjing, China, Yu'Ang plans to study biological sciences at Tsinghua University.
Jiaqi Zhang, the daughter of Zhusheng Zhang, supply chain manager in Wuxi. A graduating senior at Wuxi Big Bridge Academy, Jiaqi plans to study literature and applied mathematics at New York University.

For more information on the 2015 scholarship winners, visit www.timken.com/scholarship.

About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) engineers, manufactures and markets bearings, transmissions, motors, gearboxes, chain and related products, and offers a spectrum of powertrain rebuild and repair services. The leading authority on tapered roller bearings, Timken today applies its deep knowledge of metallurgy, tribology and mechanical power transmission across a variety of bearings and related systems to improve reliability and efficiency of machinery and equipment all around the world. The company's growing product and services portfolio features many strong industrial brands including Timken^®, Fafnir^®, Philadelphia Gear^®, Interlube^®and Drives^®. Known for its quality products and collaborative technical sales model, Timken posted $3.1 billion in sales in 2014. With approximately 16,000 people operating from 28 countries, Timken makes the world more productive and keeps industry in motion.

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