Timken to Participate in the KeyBanc Industrials & Basic Materials Conference

Rhea-AI Summary

Timken Company (NYSE: TKR), a global leader in engineered bearings and industrial motion, will participate in the KeyBanc Industrials & Basic Materials Conference on May 30, 2024, in Boston. Representing Timken will be CEO Richard G. Kyle and CFO Philip D. Fracassa. The company, recognized for its innovation and responsibility, reported $4.8 billion in sales in 2023 and employs over 19,000 people across 45 countries. Conference materials will be available online at the Timken investor relations website.

Positive

• Timken's participation in a high-profile industrial conference potentially boosts investor confidence.
• Reported $4.8 billion in sales for 2023, indicating strong financial performance.
• Recognition for innovation and responsibility by multiple prestigious organizations (Fast Company, Newsweek, Fortune).
• Global presence with operations in 45 countries enhances market reach.

Negative

• No new product announcements or strategic initiatives reported in the press release.
• The PR does not indicate any immediate financial impact or business development from the conference participation.

NORTH CANTON, Ohio, May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the KeyBanc Industrials & Basic Materials Conference on Thursday, May 30, 2024 in Boston, Mass. Participating on behalf of Timken will be Richard G. Kyle, president and chief executive officer, and Philip D. Fracassa, executive vice president and chief financial officer. Materials shared during the conference will be available online at http://investors.timken.com.

About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted $4.8 billion in sales in 2023 and employs more than 19,000 people globally, operating from 45 countries. Timken is one of the World's Most Innovative Companies, according to Fast Company, and has been recognized among America's Most Responsible Companies and America's Greatest Workplaces for Diversity by Newsweek, the World's Most Ethical Companies^® by Ethisphere and America's Most Innovative Companies by Fortune.

Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com

Investor Relations:
Neil Frohnapple
234.262.2310
investors@timken.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/timken-to-participate-in-the-keybanc-industrials--basic-materials-conference-302146716.html

SOURCE The Timken Company

FAQ

When will Timken participate in the KeyBanc Industrials & Basic Materials Conference?

Timken will participate on May 30, 2024.

Who will represent Timken at the KeyBanc Industrials & Basic Materials Conference?

CEO Richard G. Kyle and CFO Philip D. Fracassa will represent Timken.

What was Timken's revenue in 2023?

Timken reported $4.8 billion in sales in 2023.

Where can the materials from the KeyBanc conference be accessed?

Materials will be available online at Timken's investor relations website.

How many employees does Timken have?

Timken employs more than 19,000 people globally.

In how many countries does Timken operate?

Timken operates in 45 countries.

What recognitions has Timken received recently?

Timken has been recognized by Fast Company, Newsweek, and Fortune for innovation and responsibility.