the late 1990s Timken also had a sales presence in Spain, Hong Kong, China and Singapore. Timken acquired its competitor, The Torrington Company, in 2003 for $840 million, doubling the size of the company and creating the world's third-largest bearing manufacturer at that time. The company changed its corporate structure in 2014; the roller bearing-producing part of the company was separated from the steel-producing part of the company, resulting in two separate companies. The Timken Company continues to manufacture roller bearings, while TimkenSteel produces steel. Company overview Timken is focused on expanding its tapered roller bearings and growing its offering of industrial bearings and mechanical power transmission products and services. Today the company engineers, manufactures and markets bearings, gear drives, automated lubrication systems, belts, chain, couplings and linear motion products, and offers a spectrum of powertrain rebuild and repair services. Timken engineering knowledge in metallurgy, tribology and power transmission is applied across bearings and related systems to improve the reliability and efficiency of machinery around the world. Applications range from Mars rovers to offshore wind turbines. The Timken Company brands include: Timken bearings, Fafnir bearings, EDT bearing housed units, Lovejoy couplings and universal joints, Carlisle belts, Cone Drive worm gear drives, Drives chain, Diamond chain, Groeneveld-BEKA lubrication, Interlube lubrication systems, PT Tech industrial clutches and brakes, R+L Hydraulics hydraulic components, Rollon linear motion products and Torsion Control Products spring couplings. The company also operates Timken Power Systems, which supplies and services industrial drivetrain customers with repair, upgrade and service for bearings, gearboxes and electric motors. Timken has a significant presence in India. The company's Indian subsidiary is called Timken India, and is publicly listed on the National Stock Exchange of India and the Bombay Stock Exchange. One of Timken India's largest customers is Indian Railways, and as of 2022, supplying to Indian Railways accounted for approximately 17% of Timken India's revenue. In 2018, Timken India acquired ABC Bearings, an Indian bearings manufacturing company. References External links Company site Jan 1945, 1947, Sep 1947 and Mar 1951 advertisements for Timken axles and brakes Timken Locations on THOMASNET.com Companies listed on the New York Stock Exchange Manufacturing companies established in 1899 Companies based in Ohio 1899 establishments in Missouri Bearing manufacturers American brands