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Home » Timken Sells Latrobe Steel
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Timken Sells Latrobe Steel

December 11, 2006
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The Timken Co. has completed the sale of its Latrobe Steel subsidiary in Latrobe, Pa., to a group of investors led by the Watermill Group, Hicks Holding and Sankaty Advisors for approximately $215 million. As a result of the transaction, Latrobe Steel will become a private stand-alone company operating under the name Latrobe Specialty Steel Co.
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