Timken Launches Industrial Seal Offering
March 22 2005 - 6:30AM
PR Newswire (US)
Timken Launches Industrial Seal Offering Enters Agreement with
Federal-Mogul Corporation CANTON, Ohio, March 22
/PRNewswire-FirstCall/ -- The Timken Company today announced it
will launch a line of industrial seals in May. Timken entered into
a licensing and supply agreement with Federal-Mogul Corporation to
sell its industrial seal products in the United States and Canada.
Terms were not disclosed. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) Media kit:
http://www.timken.com/media/kits/industrialseals.asp Timken will
market and sell National(R) industrial seals under the Timken
brand, in Timken packaging. These seals will be available
exclusively to authorized Timken industrial distributors and select
original equipment manufacturers. The seals are used in a full
range of equipment used in thousands of applications such as
manufacturing, off-highway, power transmission and oil refineries.
Federal-Mogul will continue to independently market National Oil
Seals to its industrial customers outside the United States and
Canada. The agreement also does not include sales to the automotive
and heavy-duty aftermarket. "Seals are an important expansion of
our industrial friction management solutions," said Michael C.
Arnold, president - Industrial Group, The Timken Company. "Timken
has always been known for experienced technical support and a solid
distribution network. Capitalizing on those strengths while
partnering with Federal-Mogul to supply seal products accelerates
our ability to better serve customers, deliver unparalleled value,
and grow our business." "With Timken's strengths in the industrial
market and the quality of National sealing products from
Federal-Mogul, the bottom-line advantage is that the customer can
now access premier industrial bearing and seal technologies from a
single source," said Joseph Felicelli, executive vice president,
Worldwide Aftermarket Operations for Federal-Mogul. Timken
industrial seals include precision oil, grease, fluid sealing and
dirt exclusion sealing products in small-bore sizes, zero- to
13-inch. They are backed by a worldwide reputation of product
reliability and the development of solutions for unique sealing
needs, including: * Redi-Seal(R) service -- Made-to-order,
custom-fit seals in 24 hours * Redi-Sleeve(TM) technology -- Steel
wear sleeves that provide the option to repair damaged, grooved or
worn shafts, offering a fast repair solution * Shaft Repair Kits --
an alternative to shaft replacements * Metric and high-temperature
coverage * V-seals for extreme, high-contaminate environments *
Redi-Coat(R) -- Patented sealant that fills nicks and scratches in
a poorly finished bore. Timken will also offer tools for seal
installation, removal and specification. Redi-Seal, Redi-Sleeve and
Redi-Coat are trademarks of the Federal-Mogul Corporation.
Federal-Mogul is a leading global automotive supplier offering a
comprehensive portfolio of quality products and trusted brands.
Headquartered in Southfield, Michigan, Federal-Mogul employs more
than 45,000 people in 31 countries. The company reported sales of
$6.2 billion in 2004. For more information on Federal-Mogul, visit
the company's Web site at http://www.federal-mogul.com/ . The
Timken Company ( 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. The company reported record sales of $4.5 billion in
2004 and employed approximately 26,000 at year-end. Timken is a
registered trademark of The Timken Company. For Additional
Information: Jason Saragian, Public Relations Manager, (330)
471-3514, Or visit http://www.timken.com/media Investor Contact:
Kevin R. Beck, Manager - Investor Relations, (330) 471-7181
http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO
http://photoarchive.ap.org/ DATASOURCE: The Timken Company CONTACT:
Jason Saragian, Public Relations Manager, +1-330-471-3514 or
Investors, Kevin R. Beck, Manager - Investor Relations,
+1-330-471-7181, both of The Timken Company Web site:
http://www.timken.com/
http://www.timken.com/media/kits/industrialseals.asp
http://www.timken.com/media http://www.federal-mogul.com/
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