President and Chief Executive Officer
The Timken Company
Source: The Timken Company
The Timken Company, a producer of engineered bearings and industrial motion products, has acquired the assets of American Roller Bearing Company (ARB), a North Carolina-based manufacturer of industrial bearings.
ARB employs approximately 190 people and operates manufacturing facilities in Hiddenite and Morganton, N.C. Prior to this transaction, three generations of the Succop family owned and operated ARB since its founding in 1911.
The Timken Company designs a growing portfolio of engineered bearings and industrial motion products. "ARB's end-market mix, customer base and aftermarket position fit our Timken business model extremely well," said Richard G. Kyle, president and chief executive officer at Timken.
