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May 2, 2012
Timken has broken ground on a $225 million expansion of its Faircrest steel plant in Stark County, Ohio. The investment by the specialty alloy steel and industrial components manufacturer is expected to improve the Faircrest plant's productivity, expand its product range and increase capacity to serve growing demand for Timken specialty alloy steel bars.
A new ladle refiner and large-bloom continuous caster are the centerpieces of the steel plant expansion. Targeted for startup in 2014, the new equipment is expected to increase the Faircrest plant's shippable capacity by 25 percent and enable the production of a broader range of large-diameter bars.
"Demand for Timken steel to support the challenging needs of energy and industrial applications continues to grow in this region, throughout the United States and in the developing economies of the world," says Chairman Ward J. "Tim" Timken, Jr.
"We're heartened by the support we've received from the Timken team, customers, suppliers and our elected officials in bringing this project to our official launch," says Tom Moline, vice president of steel manufacturing.
Additionally, Timken has completed installation of a $5 million ultrasonic test inspection line at Faircrest, which allows full body inspection for bar diameters ranging from 6 to 24 inches and for lengths up to 35 feet. The UT line allows for the inspection of the internal volume and the surface of bar products for defects. It also helps characterize the “center soundness” of bars.
“The UT line is an important tool in our efforts to further improve the high quality of our large-bar product,” says Moline. “The UT line enhances our position as a premiere large bar producer in North America and expands our capabilities to meet demanding ultrasonic specifications.”
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