News

  HRB investigation leads to raid on supplier accused of distributing thousands of fake components Taizhou, April 20, 2025 – Chinese authorities have uncovered a major counterfeit operation in the industrial sector, as more than 3,000 fake bearings were seized during a law enforcement raid in Taizhou. The investigation, launched by Harbin Bearing Group (HRB), exposed […]

  Timken expands footprint in China with strategic investment in high-tech district Suzhou, April 13, 2025 –Timken has officially opened a new Groeneveld-BEKA (GVBK) manufacturing facility in Suzhou’s high-tech district, marking a significant expansion of its operations in China. The new plant will focus on producing advanced automatic lubrication systems, further reinforcing Timken’s commitment to serving […]

  Global brands respond to rising costs and policy changes as local market braces for impact Shanghai, May 11, 2025 – The Chinese industrial sector is experiencing a significant shift as several major international bearing and component manufacturers announce sweeping price increases, citing mounting geopolitical tensions and economic pressures. SKF (Sweden), NTN and NSK (Japan), and […]

  As the world accelerates its transition toward renewable energy, innovative collaborations are reshaping how we think about power generation. One such groundbreaking initiative is the Faroe Islands Space Program—an Earth-bound venture that leverages the Moon’s gravitational pull to generate clean electricity through tidal forces. At the heart of this project is the Dragon 12 […]

  I-care’s AI-driven predictive maintenance solution for boosting industrial reliability and sustainability repeats with the Solutions Award at Reliability Conference. I-care, the market leader in predictive maintenance, has been named a winner of the 2025 Solutions Award at The Reliability Conference, hosted by Reliabilityweb.com. This accolade celebrates I-care’s groundbreaking AI and data-driven solutions that predict […]

  Revenue of 5.9 billion euros slightly below prior year (pro-forma prior year Q1 2024: 6.1 billion euros), down 2.9 percent at constant currency EBIT margin before special items of 4.7 percent at prior year level (pro-forma prior year Q1 2024: 4.7 percent) E-Mobility with solid revenue growth, double-digit EBIT margins before special items at […]

  Sales of $1.14 billion, down 4.2 percent from last year First-quarter diluted EPS of $1.11; adjusted EPS of $1.40 Updates full-year 2025 outlook to reflect net impact from tariffs; now expects EPS of $3.90-$4.40, with adjusted EPS of $5.10-$5.60 The Timken Company reported first-quarter 2025 sales of $1.14 billion, down 4.2 percent from the same period a year ago. The decrease was […]

  As newly implemented global custom tariffs and the economic circumstances begin to reshape the landscape of the bearing and power transmission industry, businesses across the supply chain are left with one pressing question: “How do we adapt—and thrive—in this new era?” At the Bearing & Power Transmission World Meetings 2025, we are bringing together experts, innovators, […]

  Q1 2025 Net sales:MSEK 23,966 (24,699) Organic growth:−3.5% (−7.0%), driven by lower market demand across regions and industries, except for aerospace showing continuous growth. Adjusted operating profit:MSEK 3,233 (3,303). Continued strong price/mix contribution, driven by pricing actions and active portfolio management, as well as good cost control which largely offset the lower volumes. Adjusted […]

  Wind turbines are pivotal to renewable energy production, yet maintaining their complex systems presents unique challenges. The Vigilant is a remote condition monitoring solution that integrates ultrasound and vibration analysis to address these challenges, offering a simplified and effective approach to wind turbine maintenance. The importance of predictive maintenance in wind turbines Wind turbines […]