Timken Named One of Fast Company's Best Workplaces for Innovators in Manufacturing

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The Timken Company (NYSE: TKR) has been recognized as a finalist in the manufacturing category of Fast Company's Best Workplaces for Innovators list. This accolade highlights Timken's commitment to fostering innovation across all levels of the organization. The company's 125-year history is marked by close collaboration with customers to create technical solutions that drive growth.

Timken's innovative culture empowers employees to design products with lasting impact in industries such as renewable energy, electric vehicles, and automation. The company posted $4.8 billion in sales in 2023 and employs over 19,000 people globally across 45 countries. Timken has also been recognized on Fast Company's World's Most Innovative Companies list and has received accolades from Newsweek, U.S. News & World Report, Ethisphere, and Fortune for its workplace culture, ethics, and innovation.

NORTH CANTON, Ohio, Sept. 17, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, has earned a spot on Fast Company's list of Best Workplaces for Innovators as a finalist in the manufacturing category. This recognition highlights companies across the globe that encourage employees throughout the organization to invent new and better ways of doing business.

"Throughout our 125 years as a company, our employees have closely collaborated with our customers to create technical solutions that serve as the catalyst for our growth," said Natasha Pollock, Timken vice president, human resources. "We develop and invest in our global team of problem solvers so they can help enable a wide range of applications and advance industries, such as renewable energy, electric vehicles, automation and more. This honor recognizes our innovative culture, which empowers our employees to design and deliver products with lasting impact."

The Best Workplaces for Innovators list celebrates company cultures that empower employees at all levels to improve processes, create new products, or invent new ways of doing business. Companies selected are featured in the September 2024 issue of Fast Company magazine and on fastcompany.com. Earlier this year, the publication named Timken to its prestigious World's Most Innovative Companies list.

About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted $4.8 billion in sales in 2023 and employs more than 19,000 people globally, operating from 45 countries. Timken is one of the World's Most Innovative Companies and Best Workplaces for Innovators according to Fast Company, and has been recognized among America's Most Responsible Companies, America's Greatest Workplaces and America's Greatest Workplaces for Diversity by Newsweek, Best Companies to Work For by U.S. News & World Report, the World's Most Ethical Companies^® by Ethisphere and America's Most Innovative Companies by Fortune.

Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com

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SOURCE The Timken Company

FAQ

What recognition did Timken (TKR) receive from Fast Company in 2024?

Timken was named a finalist in the manufacturing category of Fast Company's Best Workplaces for Innovators list in 2024.

How much revenue did Timken (TKR) report in 2023?

Timken reported sales of $4.8 billion in 2023.

How many employees does Timken (TKR) have globally as of 2024?

Timken employs more than 19,000 people globally, operating from 45 countries.

What industries does Timken (TKR) serve with its innovative products?

Timken's products serve industries such as renewable energy, electric vehicles, automation, and more.

How long has Timken (TKR) been in business as of 2024?

Timken has been in business for 125 years as of 2024.