Timken Makes Acquisition
The Timken Company has recently acquired Diamond Chain Co., combining forces with Drives to help make an impact in markets around the world.
“This acquisition serves as a key component in Timken’s growth strategy and ability to make an impact in markets around the world,” said Tom Young, President, Diamond Chain and Drives. “With Diamond now part of the family, we’ve greatly increased Timken’s presence in the global roller chain market by adding a product line used in a multitude of applications. And, it gives us additional opportunities to deliver more value for customers in the industrial distribution, material handling, food and beverage, agriculture and construction industries.”