Ningbo MOS Group Co., Ltd
Add: Zhuangshi, Ningbo, China
Tel: +86-571-56835049
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P.C: 315201

Timken completed its acquisition of QM Bearings & Power Transmission Company

Timken completed its acquisition of QM Bearings & Power Transmission Company
    International Energy Network News: September 26 - The Timken Company (NYSE: TKR) today announced that it has completed the registration in the United States, Washington Ferndale (Ferndale) of the QM Bearings & Power Transmission Co., Ltd. acquisition. In addition to the registration of the acquisition range, also includes British Columbia, Canada is located in Prince George (Prince George) and the manufacturing facility in Wuxi, China; and is located in Ontario, Texas (Ontario) and Cuyahoga Falls, Ohio (Cuyahoga Falls) of the distribution center, will be part of Timken Bearings and Power Transmission Group's processing equipment industries.

    The acquisition is expected in the first full year of gains for the Timken Company. QM seat belt manufactured steel spherical roller bearings, flexible couplings and expansion of the Timken steel company that core production line, mainly used in processing industries such as sawmills and logging conditions and other serious cement industry harsh processing industries.

    "We welcome QM Timken Company to the business family," Timken Bearings and Power Transmission Group President Michael • Mr. Arnold said, "but also looking forward for power transmission applications to provide more extensive high-performance products to better serve our customers. "

    QM in the United States, Canada, and China has approximately 100 employees, as of June 30, 2010, the first 12 months of sales revenue totaled more than 1,400 million U.S. dollars.

Author:mosbearing   2010-9-29   Source:    View(11205)     Comment(1)

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