Timken invests $75 million in its renewable energy business

By WPED Staff The Timken Company today announced more than $75 million in capital investments through early 2022 to increase the company’s renewable energy capabilities across its global footprint.
“This has been a breakout year for us in renewable energy markets,” said Richard G. Kyle, Timken president and CEO. “Through both innovation and acquisitions over the last several years, we’ve become a leading supplier and technology partner in wind and solar energy and it’s resulting in record sales and a robust pipeline of opportunities. This latest round of investments represents our confidence in the future growth of our wind and solar business as the

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