Liaoning Timken bearings: Timken joint venture with Anshan Iron and Steel

  China sales center, Liaoning Timken bearings, Timken Company plans and Anshan Iron and Steel Group Corporation joint venture, to be named "Timken (Anshan) Industrial Services Limited" to provide quality accreditation angular contact ball bearing and other products, maintenance, maintenance repair and re-manufacturing and industrial maintenance services and integrated solutions business. Here are distributor of Timken China's reported.
 September 28, 2010, China's Liaoning Anshan · The Timken Company (NYSE: TKR) today announced that its Timken (China) Investment Co., Ltd. and Anshan Iron and Steel Group's Anshan Iron and Steel Industrial Group Co., Ltd. (the following referred to as "Angang") reached an agreement and signed a "joint venture contract", the two sides will set up joint ventures in China, to be named "Timken (Anshan) industrial Services Limited." Attended the signing ceremony by the Timken Company, president of China Mr. Feng Shilong, Angang Group General Manager Mr. Yuan Xuefeng, et al, the signing ceremony, U.S. Timken Company and the Anshan Iron and Steel Group Company representatives also signed a "cooperation framework agreement."
Timken attend a joint venture with Anshan Iron and Steel signing ceremony Yuan Xuefeng said: "All along, Timken? Product performance, performance and stability, which is why we chose to partner with The Timken Company The most important reason for the joint venture company will provide maintenance services bearing effectively shorten lead times, improve the bearing utilization of resources to achieve some reuse, which is also very conducive to energy conservation and green business operations implementation of the strategy. "
 Timken president of China, Mr. Feng Shilong spoke: "Timken Corporation and Anshan Iron and Steel Group Company has many years of good business partnership, the in-depth cooperation with Angang Group is committed to the China market will provide professional and excellent integrated bearing maintenance solutions and advisory support services to meet the growing demand for industrial services market. "