Timken Company invests $35 million to upgrade Ohio rolling mill

Wednesday, 02 February 2011 02:42:50 (GMT+2)
Canton, Ohio-based steel fittings producer The Timken Company announced Tuesday plans to install a high-volume in-line forge press at its Faircrest rolling mill in Canton, Ohio. The Timken Company will invest approximately $35 million for the project.

Slated to begin operations in early 2013, the in-line forge press will increase the plant's capacity and lower cost, as well as expand product capabilities. "This open-die in-line press will be the first step of the forge-rolled process for all Faircrest products," said Tom Moline, VP of manufacturing. "Adding this step prior to rolling will provide better yield and production efficiencies to significantly improve our operations."Tags: USA , North America , steelmaking , production , investments(sourced:steelorbis)