The Timken Company (NYSE: TKR) announced today that it has received a $16 million order to supply Timken® AP™ Class E bearings for use on Indian Railways passenger and freight trains. Timken has supplied India's rail system for 20 years.
The self-contained, pre-assembled and pre-lubricated Timken AP bearing design reduces maintenance costs, delivers more miles per bearing and improves fuel efficiency.
One of the largest and busiest rail networks in the world, Indian Railways transports 18 million passengers and 2 million metric tons of freight each day. The state-owned Indian Railways operates both long-distance and suburban rail systems.
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.
Elaine Laps, 330-471-5806
Senior Communications Consultant-Media Relations
Steve Tschiegg, 330-471-7446
Director - Capital Markets and Investor Relations
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