Profit for the Swedish manufacturer rose 52% for the year.
Latest In Power Transmission/Motion Control/Fluid Power
Significant growth and expansion have created a need for additional salespeople and support.
Snake River Supply has four locations throughout southern Idaho.
Manufacturer awards $540,000 in college scholarships to children of Timken employees.
Manufacturer reports $406 million in sales in Q4; finishes 2018 with $1.6 billion in sales.
Firm names Mike Gallant senior VP of manufacturing, industrial sector.
The newly appointed Board members are Stephen Earley and Michael Groft.
Company reports strong fourth quarter and full-year performance in 2018.
Power management company names Christine Barman chief technology officer for its Industrial Sector.
The acquisition expands the company's presence in south Germany, Austria and Switzerland.
Companys fiscal second-quarter 2019 sales rise 26 percent to $840 million.
Ready Bearing will fill a key market for Purvis in West Texas.
Deal expands power transmission distributors reach into New York and Pennsylvania.
The company has signed an umbrella agreement with the LU-VE Group to sell parts of its air heat exchanger business.
Manufacturer says it will sell its highly engineered drives and controls systems business to an affiliate of Sun Capital Partners.
