Below is the information acquired on THE TIMKEN COMPANY, which is not yet included in our research perimeter.

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Last update 31 March 2022

Description of economic activities

Manufacture of bearings, gears, gearing and driving elements (NACE2 2815)

The company is engaged in the manufacture of anti-friction bearings and related parts. It was formerly known as Timken Roller Bearing Co. It was founded in 1899 by Henry Timken. The main business office of the company is located in Canton, Ohio, United States of America.The company's major products and services include aerospace components and services, alloy steel bars and tubing, bearings (all types) and related parts, condition monitoring devices and services, e-business, engineering and technical services, grease and lubricators, logistics, maintenance tools, precision steel components, repair and refurbishing services, sensor products and packaged bearing assemblies, and training. Its serves customers in the aerospace, automotive, construction, consumer, defense, energy, industrial equipment, health, heavy industry, machine tool, positioning control, power generation and rail industries.The company is considered as the world's largest manufacturer of tapered roller bearings. It has strategic alliances with Advanced Green Components, Bardella Timken Industrial Services Ltda., CoLinx, Endorsia.com International AB, Friction Management Services, Industria Cuscinetti S.p.A., International Components Supply Limitada, S.E. SETCO Service Co., and Timken-NSK Bearings (Suzhou) Co., Ltd.The company is active and has operations, through its subsidiaries, in Canada, the United States, Germany, the Netherlands, France, Poland, South Africa, the United Kingdom, Romania, Mexico, and Brazil.
  • THE TIMKEN COMPANY

  • United States of America (US)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Mr John M. Timken JR
  • CEO Total remuneration: 191.827,181
  • Website: www.timken.com

Financial data

Number of employees

18,029
17,000
18,000
17,000

Revenue 1

4
3
3
3

EBIT 1

457
388
460
397

EBITDA 1

609
524
609
529

1 numbers are in millions

  • RepRisk Indicator (last month):  18

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines: N/A
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions


Latest news about the timken company

19 July 2021 - 19:21

La multinazionale Timken, attiva nell'indotto automotive, questa mattina ha comunicato la chiusura immediata dello stabilimento di Villa Carcina, in Valtrompia, in provincia di Brescia.





› source:  La multinazionale Timken, attiva nell'indotto automotive, questa mattina ha comunicato la chiusura immediata dello stabilimento di Villa Carcina, in Valtrompia, in provincia di Brescia. Timken annuncia chiusura nel Bresciano I 106 lavoratori sono già in sciopero e presidio permanente. A dare notizia della doccia fredda è la Fiom-Cgil di Brescia. "Una nuova procedura di licenziamento è stata aperta a Brescia. Di nuovo una multinazionale del settore automotive che decide di licenziare". La Timken Company è un'azienda costruttrice di cuscinetti a rotolamento, acciai legati e relativi componenti. È presente in 30 paesi, tra cui l'Italia. "Altra settimana, nuovi licenziamenti. Questa mattina 106 lavoratori e lavoratrici della Timken in provincia di Brescia hanno scoperto di non avere più un lavoro. Il motivo? Non è dato saperlo", ragiona il segretario nazionale di Sinistra Italiana Nicola Fratoianni. "Eppure ho l'impressione - prosegue l`esponente dell`opposizione di sinistra - che sia la stessa storia della Giannetti Ruote di Monza, della Gkn di Campi Bisenzio , della Whirlpool di Napoli. Si scarica su lavoratori e lavoratrici il peso della crisi. E il 'governo dei migliori'? Non pervenuto". "Non ci rassegniamo - conclude Fratoianni - e continueremo a sostenere la lotta di lavoratori e lavoratrici per difendere il loro futuro e la loro dignità". Da Gkn a Whirlpool passando per la Gianetti Ruote, sono settimane nere sul fronte delle crisi aziendali. Gkn: 10mila persone in piazza Santa Croce a Firenze "La lotta operaia non si ferma" e "siamo tutti Gkn": sono alcuni degli slogan gridati dalle 10mila persone che questa mattina, in piazza Santa Croce a Firenze, manifestano in occasione dello sciopero generale di quattro ore indetto a sostegno dei 422 lavoratori della Gkn di Campi Bisenzio (Firenze) per i quali la proprietà ha avviato le procedure di licenziamento collettivo. "Sulla vicenda della Gkn dobbiamo mantenere alta l'attenzione perché non sarà breve", commenta Emiliano Fossi, sindaco di Campi Bisenzio, presente in piazza Santa Croce insieme ai primi cittadini di tutti i comuni della provincia di Firenze e al sindaco di Prato e presidente di Anci Toscana Matteo Biffoni. In piazza anche Il presidente della Regione Toscana, Eugenio Giani. Lavoro, bugie e licenziamenti: "Gkn ha mentito fino all'ultimo secondo" GALLERY Si parla di licenziamenti