Timken Chairman Appointed to Serve on U.S. Commerce Department's Manufacturing Council
CANTON, Ohio, Aug. 5 /PRNewswire-FirstCall/ -- Following an announcement by the U.S. Department of Commerce, The Timken Company (NYSE: TKR) confirmed that Chairman Ward J. "Tim" Timken, Jr., has been appointed to serve on the U.S. Manufacturing Council. The Council advises the Secretary of Commerce on matters relating to sector, competitiveness and government policies and programs that affect U.S. manufacturers.
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"I have seen how difficult it is for domestic manufacturers to sustain good jobs and wages for American workers while grappling with issues such as trade, taxation, education, energy prices and rising costs," said Timken. "I am honored to serve, and look forward to pragmatic dialogue with fellow council members about the challenges manufacturers face, and what we must do to ensure continued success in the global economy."
Timken, who also serves on the executive committee of the National Association of Manufacturers and the board of the American Iron and Steel Institute, brings a perspective reflecting not only the company's century of experience, but also that gained via the company's business with diverse industries around the world.
Originally established in April 2004 and re-chartered on July 14, 2010, the Manufacturing Council is comprised of 24 members representing a broad cross section of U.S. industry, with the Secretaries of Labor, Energy and Treasury serving as ex officio members.
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 27 countries/territories and approximately 17,000 employees, Timken is Where You Turn® for better performance.
Media contact: Lorrie Paul Crum, Global media relations & Strategic communications, Office: 330.471.3514; Mobile: 330.224.5021
SOURCE The Timken Company
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