Hans Landin, Timken’s group vice president, explains the company’s acquisition strategy:
1. Find successful companies with high-quality products that fit well with Timken.
2. Apply best practices that Timken has learned over decades.
3. Allocate capital so acquired companies can grow rapidly and profitably.
4. Leverage Timken’s global infrastructure to make them even more competitive.
With a reputation for state-of-the-art (and bright yellow) overhead cranes, Wazee Crane—part of Timken Power Systems—stands alone in the industry with unmatched engineering and manufacturing capabilities. Customers who need help hoisting and handling large, expensive and scientifically important items turn to us.
How did the first galaxies and stars form? What are the building blocks of the universe? When NASA’s James Webb Space Telescope launches in 2021, Timken technology will help the world see its amazing discoveries.