THE TIMKEN COMPANY
Timken Alloy Steel Europe to Increase Steel Tubing Prices
CANTON, Ohio, June 17/PRNewswire/ -- Timken Alloy Steel Europe
Limited, a subsidiary of The Timken Company, announced it would
increase base prices on steel tubing by a minimum of 7.5 percent.
These price increases apply to all tubing despatched from July 1,
2004. Raw material surcharges will continue to be levied at the rates
ruling at date of despatch.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO)
The Timken Company (NYSE: TKR);(http://www.timken.com) is a
leading global manufacturer of highly engineered bearings and alloy
steels and a provider of related products and services with operations
in 27 countries. A Fortune 500 company, Timken recorded 2003 sales of
US$3.8 billion and employed approximately 26,000 at year-end.
Media Contact: Robert G. Bourquin, Senior Communications
Representative, +1-330-471-7106, or http://www.timken.com/media
Investor Contact: Kevin R. Beck, Manager - Investor Relations,
+1-330-471-7181
Web site: http://www.timken.com
http://www.timken.com/media
Source: The Timken Company
Media, Robert G. Bourquin, Senior Communications Representative,
+1-330-471-7106, or Investor Contact, Kevin R. Beck, Manager -
Investor Relations, +1-330-471-7181, both of The Timken Company
18 jun 04 08:35