Timken to Install Forge Press at Ohio Facility
According to Timken, the open-die in-line press will be the first step of the forge-rolled process for all Faircrest products. Adding this step prior to rolling will provide better yield and production efficiencies. This investment comes on the heels of the $50 million commitment in capital improvements initiated at the end of 2010 at the company's other steel facilities in Canton. The investments reflect the significant increase in demand Timken has seen for its high-performance steel across all markets.