Markets Served
Our Steel Group serves many markets, including aerospace, energy, drilling, off-highway and automotive.
TimkenŽ alloy steel is used in the manufacture of all types of bearings. It is also used in aircraft engine main shafts,
landing gear and high-strength fasteners; oil and gas drilling tools and perforating guns; hydraulic cylinders, axles and
crankshafts for construction and agriculture applications; and an array of automotive components, including gears, shifter
sleeves, crankshafts and constant velocity joint components.
We supply automotive and industrial customers with semi-finished and finished precision steel components for powertrain
applications, including internal ring gears, sun gears, races, hubs, clutch shafts, axle shafts, constant velocity joint cages and outer race prop shafts.
We also produce and distribute more than 300 specialty grades of steel for a variety of uses, including medical, aircraft, petrochemical and auto racing applications.
Major Products and Services
- Alloy steel bars and tubing
- Precision steel components
- Specialty steel
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Steel
- Launched custom bar program to meet the needs of smaller businesses that require lower minimum quantities.
- Set an all-time company record for tons of steel bars shipped.
- Restructured scrap surcharge mechanism to better reflect true raw-material cost.
- Supplied trial material for transplant crankshaft applications for several Japanese automakers.
- Expanded global manufacturing footprint by establishing steel components operations in Brazil. The facility is slated to begin production and delivery in the first half of 2004.
2004 Outlook
Automotive and light truck production expected to remain strong with a small improvement over 2003. General industrial, energy and aerospace markets will show a mild recovery from low 2003 levels. |