Timken Plans $50 Million in Upgrades
 
The Timken Company plans to invest approximately $50 million in its steel operations in Canton, Ohio. Timken will install a new intermediate finishing line at the Gambrinus Steel Plant and expand the steel lay-down yard at the Harrison Steel Plant’s small-bar mill.

Timken’s Steel Group has had a significant increase in demand across all markets. Its 2010 sales are expected to increase by 70 to 80 percent compared to 2009. “These investments have the goal of both meeting demand and continuing to improve the long-term competitiveness of our operations,” says Sal Miraglia, president-steel for Timken.

The installation of a new intermediate finishing line at the Gambrinus Steel Plant, the larger of the two projects, will improve manufacturing competitiveness with a more efficient operation that incorporates the latest technologies and employs lean processes, the company says. The line, which will handle both bar and tube products, ultimately will replace existing batch-type finishing processes at the plant when it is fully operational in 2013.

The small-bar mill at the Harrison facility, which opened in 2008, continues to increase its output in response to demand, requiring additional space in the lay-down yard outside the mill for both finished and semifinished steel. Expanding the yard necessitates the demolition of several adjacent, unused buildings.
January 2017: Consider the Tradeoffs of Trade Policies, Jobs
More...
 
Pause
January 2017: Conditions Right for M&A
More...
Fall 2016: Cutting & Sawing Equipment
More...
Summer 2016
More...
 
Pause
Behringer Expands VA-L Line of Circular Cold Saws
More...
Hypertherm Increases Power in Powermax45 XP
More...
Marvel Saw Cuts Specialty Metals
More...
KASTO Band Saw Reduces Cutting Times
More...
Messer MetalMaster Delivers Precise Bevels
More...
ASKO’s HXT Knives Cut High-Strength Steels
More...
 
Pause
Privacy Statement  |  Terms Of Use
Copyright by Metal Center News



Thursday, February 23, 2017