Higher volume, favorable price/mix and improved manufacturing performance drive the growth.
Latest In Power Transmission/Motion Control/Fluid Power
Sales for Kaman's distribution segment were up 2.5% over the prior-year period.
Tim Drakes succeeds Frank Campbell, who retired on March.
Paula Ruiz succeeds Curt Hutchins who will be leading the spin-off of Eatons Lighting business.
With this acquisition, Timken's power transmission portfolio now accounts for approximately one-third of company revenues.
Ryan Cieslak joins Applied from Northcoast Research.
Profit for the Swedish manufacturer rose 52% for the year.
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.
