The Timken Co. has invested $14 million in a new thermal-treatment facility at its steel plant in Canton, Ohio. The investment will increase Timken’s capacity to produce heat-treated steel bars and tubes primarily suited for use in the energy and industrial market sectors. The new 34,000-square-foot facility will begin operations in December 2008 and is expected to reach a capacity of 45,000 tons per year by mid-2009. The primary operation at the new facility will be the quenching and tempering of steel bars and tubes ranging from 4-9 inches in diameter and 12-40 feet in length.
While the quenched and tempered products will be particularly suited for the harsh conditions of the oil and gas industry, the new facility will also have the flexibility to produce steel bars and tubes with metallurgical properties suitable for other markets. In 2007, Timken opened a new induction heat-treat line at its Canton steel plant and also announced that it would invest $60 million in Canton’s steel rolling-mill operations.
Timken Invests $14 Million in Thermal-Treatment Facility
September 19, 2008