Timken Completes Purchase of Cone Drive - Modern Distribution Management

Timken Completes Purchase of Cone Drive

Manufacturer closes deal on Michigan-based precision drive maker.

The Timken Co. (NYSE: TKR), Canton, OH, has completed its previously announced acquisition of Cone Drive, a maker of precision drives used in diverse markets including solar, automation, aerial platforms, and food and beverage.

Based in Traverse City, MI, Cone Drive serves customers around the world and has manufacturing operations in the United States and China. The business produces a broad range of customizable precision drive products that include Cone Drive and H-Fang branded high-torque worm gears, harmonic solutions and precision slew drives.

 

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