Timken Announces New Capacity to Serve Wind Power Demand

The Timken Company (NYSE: TKR) today announced plans to expand production capacity at its Tyger River facility in Union, S.C., to serve the wind energy market. The investment is part of a strategy to strengthen Timkens position to serve growing global demand for highly engineered large-bore bearings that will help customers harness wind power to meet the energy needs of the future.

Timken expects demand for large-bore bearings used in main-rotor shafts and gear drives in wind turbines to grow rapidly in the coming years as reliance on renewable energy increases. The Tyger River investment will allow the company to serve demand from North American customers and provide expanded capability to produce prototypes in support of new wind-turbine programs.

This investment exemplifies how were reshaping our portfolio to grow and optimize our business from top to bottom, said James W. Griffith, Timkens president and chief executive officer. We stand to achieve greater returns by refocusing existing assets and investing in new capacity to serve our most promising market sectors, which certainly includes wind energy.

Expansion work at Timkens Tyger River location will begin in 2009, with production currently slated for 2010. It will be the companys second wind-related commitment of the past year, following formation of a joint venture with Chinas XEMC to build a new main-shaft bearing facility in Xiangtan, Hunan province. Construction of that new facility is scheduled to begin this year.

Timkens edge in the wind energy market is performance engineering, combining power transmission, friction management and alloy steel expertise to develop and deliver systems offering wind-turbine manufacturers and wind-farm owners improved durability and reliability in the turbines.

About The Timken Company

The Timken Company (NYSE: TKR, http://www.timken.com) keeps the world turning, with innovative friction management and power transmission products and services, enabling our customers to perform faster and more efficiently. With sales of $5.2 billion in 2007, operations in 27 countries and approximately 25,000 employees, Timken is Where You Turn for better performance.

Contacts:

The Timken Company
Media Contact: Jeff Dafler, Manager Global Media &
Government Relations, 330-471-3514
Facsimile: 330-471-7032
jeff.dafler@timken.com
or
Investor Contact: Steve Tschiegg,
Director Capital Markets & Investor Relations,
330-471-7446
Facsimile: 330-471-2797
steve.tschiegg@timken.com
or
For Additional Information:
www.timken.com/media
www.timken.com/investors

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