The Timken Company, a global technology leader in engineered bearings and industrial motion, today appointed Tarak Mehta the company's president and CEO. Mehta was also elected to Timken's Board of Directors.
The Timken Company, a global technology leader in engineered bearings and industrial motion, has completed its previously announced acquisition of CGI, Inc., a Nevada-based manufacturer of precision drive systems serving a broad range of automation markets with a concentration in medical robotics. The business employs approximately 130 people and is expected to generate around $45 million in sales in 2024.
Kapp Niles celebrates young inventors, Solar Atmospheres expands, Klingelnberg increases training programs, Liebherr celebrates 50 years in the USA, Timken Expands Southeast regional repair facility and more news for the gear industry.
Bearings ain't beanbag. They are complicated. They are big-business. They are often counterfeited. They are used in virtually anything that moves.
But it is the "complicated" part that
challenges OEMs, job shops and other
operations, and, most of all, their
employees. Add to that the countless
other entities around the world that are
intimately involved with bearings and
you can arrive at a semblance of an idea
of just how important these precious
orbs can be to a successful operation.