Timken To Build New Bearing Plant In India
Posted on October 30, 2006
The Timken Co. has announced plans to build a new bearing manufacturing facility in India. The plant, which will be located in Chennai in the southern state of Tamil Nadu, will produce a range of antifriction bearings for global markets.
The plant is estimated to cost $25 million. Production is expected to begin during the fourth quarter of 2007. Timken, which currently employs approximately 1,000 people in India, anticipates adding approximately 300 positions to operate the Chennai plant.
Timken's Indian operations currently include a bearing manufacturing plant in Jamshedpur and a Global Innovation Center in Bangalore that has the capability to design, develop and test new friction management and power transmission technologies. Timken, which has had a presence in the Indian market since 1992, also has an extensive and growing network of distributors focused on providing an expanding range of friction management solutions to industrial and automotive aftermarket customers throughout India.