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Member News
8th July 2016

Timken Acquires Lovejoy, Inc.; Expanding Product Portfolio to Include Industrial Couplings & Univers

The Timken Company (NYSE: TKR; www.timken.com), the world leader in tapered roller bearings, today announced that it has acquired Lovejoy, Inc., a manufacturer of premium industrial couplings and universal joints, for approximately $66 million. For the 12 months ending March 31, 2016, Lovejoy sales were approximately $56 million.

Complete information here.

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