TIMKEN to improve supply chain efficiency, acquisitions City Scrap & Salvage Company

      Recently, TIMKEN Roller bearing distributor in China has learned from the U.S. Timken Company, TIMKEN Timken bearing steel production in order to achieve the required supply of scrap metal to achieve line management to improve production efficiency and supply chain stability. The Timken Company at December 31 announced the acquisition of Akron, Ohio City Scrap & Salvage Company.

       City Scrap & Salvage company has more than 30 employees, Timken has a long-term cooperative relationship, in which City Scrap & Salvage Company 2010 annual sales of more than 1700 million. The Timken Company acquired City Scrap & Salvage Company and The Timken Company has long maintained its business consistent with reliable resources, thus to improve the Timken steel production supply chain efficiency.

       "As the company continued to expand, the source of scrap steel in particularly important. Timken acquisition of City Scrap & Salvage Company after company will further ensure that current and future demand for scrap, so as to better provide services to clients with at the same time, the acquisition will also promote Timken some important recovery projects, and thus fulfill the company's environmental commitment. "Timken steel Group supply Chain Director, Mr. William P. Bryan talked about the acquisition.

       TIMKEN company uses scrap steel production, steel production is now almost one hundred percent recyclable materials are derived from the number. TIMKEN distributor in China, according to reports, in 2010, Timken will total more than 150 million scrap metal (equivalent to more than 750,000 scrap cars) into a new steel bars and tubes.

       TIMKEN Company acquired City Scrap & Salvage Company can not only improve production efficiency and the stability of the supply chain, there can timken Timken bearing steel production needed to achieve the scrap metal supply line management, while simplifying the Timken Company for bearing and steel business effective recycling of industrial wastes, TIMKEN the acquisition sense. Where You Turn - Our service philosophy.