
With the theme of ‘Innovation for the Future’, the conference not only reviewed Timken's 125 years of glorious history, but also discussed the future development strategy and cooperation opportunities in the Chinese market.

GSP, Group Standard Pallet, is a green and recyclable logistics packaging, which is currently being used as SKF standard wooden box.

The financial policies introduced by the state, for our bearing industry, is a rare opportunity for development.

Given the different business profiles, end-markets and success drivers of the Industrial and Automotive businesses, the split will help both to sharpen their focus on their distinct market opportunities to enhance customer value, accelerate growth, improve efficiency and competitiveness.

People's Republic of China, People's Republic of China on the shaft, Huzhou metric bearings related leaders and People's Republic of China sales elite representatives and other representatives gathered together to witness People's Republic of China in the major equipment industry bearings new product development of innovation and progress.

ISO/NP 25260 is led by Luoyang Bearing Research Institute Co., Ltd (hereinafter referred to as Axis Research Institute), with the participation of Dongguan TR Bearing Co., Ltd, Pan Tech Bearing Group Co.

This ‘heart’ is directly facing the shield machine super-heavy load, large partial load, frequency variable load and other extremely harsh working conditions, its materials, design, manufacturing and testing is extremely difficult, at the top of the large high-end precision bearing industry chain.

Timken, with a history of 125 years, takes innovation as the core, constantly leads the innovation of bearing technology, shoulders the important responsibility of railway development, and promotes the continuous progress of the rail transport field.

Timken will finance the transaction through a combination of cash and existing committed loans.

In the future, Timken will continue to uphold the spirit of innovation over the past 125 years, comply with industry trends, continue to innovate and research and development, enhance new quality productivity, create sustainable value, promote industrial upgrading, and continue to contribute to the healthy development of the metallurgical industry.