Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Timken Layoffs at Dahlonega Plant

The Timken Company NYSE: TKR) will lay off approximately 25 workers from its plant in Dahlonega, Georgia.

Dahlonega is a former Torrington plant; it manufactures needle roller bearings, primarily for auto industry customers in the U.S.

Timken said the layoffs are a necessary response to a more than 15% dropoff in demand for bearings produced there. But the plant's hardest hit has come thanks to the freefalling demand for trucks and sport utility vehicles.

The Dahlonega facility was built by Torrington in 1980; Timken had expanded there and recently added 15,000 square feet of warehouse space.

The layoffs involve approximately 10% of Dahlonega's workforce.

Other News:
Igus to Exhibit at National Manufacturing Week 2008
Schaeffler Has Terminated the Swap Transaction
Continental Appoints Neumann as New CEO
Timken Layoffs at Dahlonega Plant
Industrial Conference Paper Examines if 'Lean' Can be 'Green'
MRSE Launches Heald Grinder Controllers
Freedonia Market Research Analyzes Global Bearings Industry
Schaeffler Secures 8.06 pct of Continental AG Shares Hours Before Offer Ends