The Timken Company, Canton, OH, is in advanced discussions regarding the potential sale of its Needle Roller Bearings Business. In a press release, the company said: “There can be no assurance that a definitive agreement will be reached, nor that a sale, which would be subject to certain closing conditions, will be completed.”
Timken, a manufacturer of power transmission products, had sales of $5.7 billion in 2008, and operations in 26 …
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