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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/