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| JUNE 2008
Timken opens plants in Asia The Timken Company announced the opening of two new manufacturing facilities in Asia, adding to its ability to serve aerospace and industrial markets. The company will continue to ramp up production over the coming quarters at its industrial bearing manufacturing plant in Chennai, India, and its aerospace and precision products facility in Chengdu, China. Timken now operates a total of seven manufacturing plants in Asia. Timken announced plans to build its industrial bearing plant in Chennai in October 2006. The facility is located in one of India’s Special Economic Zones and will manufacture medium-sized tapered roller bearings for industrial customers. Construction of Timken’s aerospace and precision products facility in Chengdu also began in the fourth quarter of 2006. The facility will manufacture bearings and related products for global customers and China’s rapidly growing commercial aviation industry. Timken, which established a presence in China in 1992, also has plants in Wuxi and Yantai and will soon begin construction of a new joint-venture facility in Xiangtan to manufacture ultra-large-bore bearings for China’s wind energy market.
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