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The eBearing News
November 24, 2006
Timken Will End Torrington Presence
copyright © 2006 eBearing Inc.
The Timken Company (USA; NYSE:
TKR)
formally revealed its long-expected move to end all operations in Torrington, Connecticut.
When Timken acquired the Torrington bearing company and its related manufacturing businesses
in 2003 from Ingersoll-Rand, several key operations were still located in Torrington's
namesake hometown.
Gradually, Timken has sold off, moved or shuttered all of the Torrington-area production and
capabilities it acquired, including the historically important but aged Torrington Standard plant.
The primary Torrington location Timken inherited was the massive 33-acre Field
Street complex, with offices and manufacturing facilities.
All production at both the Standard Plant and Field Street facilities has been ended and/or
moved to other Timken facilities. What little had remained at Field Street
was further hurt by continuing soft demand in Timken's automotive-related markets.
In 2005, Timken began winding down its Torrington presence, eliminating 190 positions with
a target of only 150 workers remaining by mid-2006.
article: Timken cuts 190 automotive jobs in Torrington
Today, fewer than 100 employees remain -- primarily at the 33-acre Field Street location. Although
Timken still owns the Standard Plant, it will be vacant once RBC Bearings relocates a minor
airframe bearing manufacturing presence from there and ends its lease.
article: RBC building new aerospace bearing plant in Torrington
RBC now holds the last tenuous thread to the Torrington area's once-great bearing manufacturing
era, having acquired the Torrington Company's airframe bearing business from Timken in early 2004.
The Field Street office building and a few acres of land at the corner of Field and Clark have been sold
and will be razed. In its place will be built a new $40 million Litchfield County courthouse
complex. Construction is expected to begin in 2008. The remaining 30+ acres and
related facilities are still available for development or repurposing.
A few of Timken's employees in Torrington will remain on, some working from home, to wrap up projects and
provide a smooth transition while the company still owns property there. Some will be offered positions
at the Timken corporate headquarters in Canton, Ohio, and others may be offered positions at
Timken Aerospace / Super Precision in Keene, New Hampshire.
Rucca Barre noted that Timken operations in Watertown are not affected.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Unauthorized reproduction is prohibited.
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Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
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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.
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