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The eBearing News
October 4, 2000


Timken Elected Chairman of
National Association of Manufacturers
copyright © 2000 eBearing Inc.

      W.R. "Tim" Timken, Jr., Chairman and CEO of The Timken Company (Canton, Ohio) has been elected the new Chairman of the National Association of Manufacturers. The Chairman's term is one year.

      Mr. Timken succeeds James Keyes of Johnson Controls.

      The National Association of Manufacturers, founded in 1895, is the United States' oldest and largest industrial trade group. With 11 offices around the country, the group currently represents 14,000 member companies and 350 member associations.

      Mr. Timken, who is heavily involved in supporting political and educational programs, is expected to spend considerable time and effort urging manufacturers and their employees to become more politically active. "Nobody understands what policies are good for the American economy more than manufacturers. We make products, and we make prosperity. It's time to make a political difference," he said.

      Mr. Timken will also work to get out the message of basic manufacturing in the dot-com era. He said, "It's past time for us to stop hearing the all-too-familiar story of manufacturing companies that are doing better than they've done in years - in terms of quality, sales, productivity and profits - but whose stocks are lower than they've been in years. It's time for financial markets to recognize that the dot-com fad is over and that investing money the old fashioned way, in companies that make a profit, is America's foundation for future growth."

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- by Bruce A. Carr
from individual research,
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Unauthorized reproduction is prohibited.


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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.