Feb. 19, 2014

TimkenSteel One Step Closer

The Timken Company, Canton, Ohio, has filed paperwork with the SEC, moving forward with its plan to spin off its steel business into an independent publicly traded company. Upon completion of the spinoff, TimkenSteel will be North America's only focused special bar quality steelmaker, with annual revenues of approximately $1.4 billion based on 2013 segment sales, the company claims.

"Filing the initial Form 10 is a significant milestone in the process of establishing TimkenSteel as a stand-alone publicly traded company," says James W. Griffith, president and chief executive officer. "The Form 10 offers current shareholders and future investors a first look at TimkenSteel, its business model and markets." He expects the new company to be operating, with its shares trading on the New York Stock Exchange, later this summer.


August 2016: Regulation is Driving Automotive Innovation
More...
 
Pause
August 2016: Meeting Heightened Expectations Requires Better Use of Data
More...
Fall 2015: Cutting & Sawing Equipment
More...
Summer 2016
More...
 
Pause
DoALL Launches Four New Saw Lines
More...
Behringer Expands Band Saw Line
More...
HYDMECH Saw Cuts Banded Material
More...
KASTO Pairs Band Saw with Moveable Table
More...
Marvel 600A-PC3 Designed for Bundle Cutting
More...
 
Pause
Privacy Statement  |  Terms Of Use
Copyright by Metal Center News



Saturday, October 1, 2016