A large Ohio manufacturer of bearings and power transmissions recently purchased an established roller chain company to enhance their distribution and manufacturing services.
The Timken Company, producer of engineered bearings and power transmissions, acquired The Diamond Chain Company from Amsted Industries. Based in Indianapolis, Indiana, Diamond Chain supplies high-performance roller chains for industrial markets for a range of sectors, including industrial distribution, material handling, food and beverage, agriculture, and construction.
When heat treating their components, Diamond Chain uses dedicated carburizing furnaces set to precise temperatures. To produce maximum carbon penetration for a high carbon surface and low carbon core, the company strives to closely control atmosphere and quench. This process is designed to achieve consistent depth of case hardening increasing strength, durability, and wear resistance.
“The acquisition of The Diamond Chain Company adds another strong industrial brand with a reputation for quality, reliability and performance to Timken’s growing power transmission portfolio,” said Richard G. Kyle, president and chief executive officer at Timken. “Diamond Chain is a premier brand in the North American distribution channel and is an excellent strategic fit with our Drives chain business. The acquisition expands our leadership in roller chain, builds on our strong position in distribution and adds depth to our manufacturing capabilities in Asia. We expect to drive significant synergies with the combination of Diamond Chain and Drives.”
