|
|
|
|
|
The eBearing News
August 18, 2004
Timken Acquires SES Technical Group
copyright © 2004 eBearing Inc.
The Timken Company (USA) has acquires SES Technical Group (USA, a division of SES, LLC)
for an undisclosed sum. It will become part of Timken Industrial Services LLC.
SES's parent company will continue to own and operate its other two divisions involved in equipment and
services for the metals and related industries.
SES Technical, with 20 employees and USD $2.5 million in annual sales, specializes in vibration analysis,
infrared thermography, continuous monitoring systems, wear particle analysis, and 24-hour emergency services.
Timken has been an SES Technical customer for several years.
Timken Industrial Group President, Mike Arnold, said, "The associates of the SES Technical Group bring
new capabilities to Timken that will allow us to build on our heritage of working with customers. The addition
of the SES Technical Group's service offerings expands our ability to grow beyond bearings and deliver
innovative solutions to our customers."
The bearing industry's biggest players -- SKF, INA/FAG and Timken in particular -- have been the most
aggressive in pursuing opportunities beyond bearings and to related, more profitable
value-added services. Ignoring profitability issues, rolling out related value-added services also
offers organic sales growth and market extension opportunities lacking in the largely saturated bearing
markets of the world's industrialized countries.
In a related move, Timken named Matt Schleich as General Manager of Reliability Services, with
operational and strategic responsibility for that operation. Mr. Schleich had been Timken's Global
Manager of New Products and Services.
|
|
|
printer-friendly version
|
|
- by Bruce A. Carr
from individual research,
tips and commercial sources.
Bruce Carr edited this content.
Copyrighted material; unauthorized reproduction prohibited.
|
|
eBearing.com ... for everything that moves™
Copyright 1999-2011, eBearing Inc. All rights reserved.
Copyright information is on www.copyright.com
Unauthorized reproduction is prohibited.
eBearing Inc, eBearing.com, and "... for everything that moves" are registered
trademarks of eBearing Inc.
|
|
|
|
|
| |
eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2011, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
|
|
|
