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A COVID 19 UPDATE FROM TIMKENSTEEL

UPDATE: 5-5-2020

  • TimkenSteel remains fully operational and compliant with public health directives.
  • Safety of our employees and their families remains our top priority.
  • Serving our customers also is a priority, and we're reliably producing and shipping products to meet their needs.
  • Suppliers remain critical to our success by providing the support to keep us operating while following all safety protocols.

We again want to thank all of our employees, suppliers and the communities in which we operate for their efforts and ongoing support as we serve customers during this extraordinary time.


Message from Interim CEO Terry Dunlap - UPDATE 4-9-2020

TimkenSteel continues to serve customers; adjusts production and staffing to meet demand

Essential Business

On April 2, 2020, Ohio Gov. Mike DeWine extended the stay-at-home order for Ohioans through May 1. As you may know, TimkenSteel has been designated as an "essential business" by the governor and we continue operating to serve critical end markets, including transportation, energy and defense. Each of these markets are included in the 16 critical infrastructure sectors identified by the Department of Homeland Security. Simply put, we produce products that are vital to the safety and security of our country.

Employees

From a safety perspective, the TimkenSteel team is working hard every day to ensure that the well-being of our employees is our most important priority. Employees who can work from home are doing so, and employees onsite are strictly following safe workplace practices including guidelines established by the Centers for Disease Control and Prevention (CDC), U.S. Department of Labor and Ohio Department of Health. We have added enhanced cleaning procedures in all plants and offices using the best practices provided by the CDC. We continue to encourage employees to be vigilant with their personal hygiene, workplace hygiene and physical distancing. This includes asking employees to check their temperature before coming to work each day and reinforcing the message that no one should come to work sick. In the last month, we've performed hundreds of audits in our plants to ensure we remain diligent in these efforts. 

Customers & Operations

TimkenSteel is fully committed to serving our customers by continuing to produce and ship orders while providing uninterrupted customer service. Our sales and service teams are in daily contact with customers to ensure we are addressing questions and supporting their rapidly changing needs.

As expected, the demand environment has become unpredictable, especially following recent announcements that most U.S automakers would halt production for several weeks. As of today, many of our customers continue to operate but schedules are fluid as they align production and inventory given the uncertainty of demand. We continue to carefully manage the rapidly evolving situation and are adjusting our production schedules and staffing levels as appropriate.

Suppliers

The TimkenSteel team also is working closely with suppliers to safeguard normal business operations. We are monitoring government mandates to businesses across the country to prepare for any challenges in our supply chain.

Communication

We continue to communicate daily with our entire workforce and the community regarding the impacts of the crisis. This includes engagement with the United Steelworkers (USW) and local government and health officials on proper protocols. In addition, we are also utilizing TimkenSteel's onsite medical clinic - operated by a local health system - to provide additional support to our employees during the crisis.

Finally, my sincere thanks to our employees, customers, suppliers and public health officials for their continued support of TimkenSteel during this challenging time.


Terry