The Timken Co. (NYSE: TKR), North Canton, OH, reported sales for the second quarter of $750.6 million, up 11.4 percent year-over-year. Profit increased 70.1 percent to $82 million.
Mobile industries sales in the second quarter increased 11 percent year-over-year and process industries sales increased 11.9 percent.
Year-to-date sales were $1.5 billion, up 7.1 percent year-over-year. The company reported a profit of $120.1 million, a gain of percent 5.3 over the prior year.