Timken acquires Smith Services
The Timken Company acquired the assets of Smith Services, Inc., based in Princeton, West Virginia.
In 2012, Smith Services reported sales of approximately $17 million. The company provides electric motor repair and field technical services to end-users, serving a wide variety of markets.
Carl Rapp, vice president of Timken Industrial Services, expects this new acquisition to bring the company additional motor repair services as well as a new regional service center location from which to grow its existing gearbox and bearing repair services.