Timken May Invest in Ohio Steel Plant
The University of Akron and Timken announced a novel open-innovation agreement to accelerate technology development. The organizations plan to combine their expertise in materials and surface engineering at newly established laboratories in the UA College of Engineering. According to the agreement, Timken will contribute resources to establish the Timken Engineered Surfaces Laboratory, which will be located in a new facility currently under construction on the UA campus. Timken will fund and equip the new Timken Engineered Surfaces Laboratory, one of five laboratories to be housed in the new engineering research building.