TimkenSteel will build an advanced quench-and-temper facility near its Canton facilities in Ohio to produce more value-added steel for demanding applications. The $40 million plant, which will be fully operational within two years, will perform heat-treat operations and have capacity for 50,000 process-tons annually of 4-inch to 13-inch bars and tubes. It will be located on the site of the company’s Gambrinus Steel Plant close to three existing thermal-treatment facilities. TimkenSteel's integrated supply-chain solution combines high-performance material, industry-leading thermal treatment, proprietary machining processes and responsive delivery capabilities.

TimkenSteel’s products serve a diverse, worldwide client base, including those in the oil and gas, automotive, industrial equipment, mining, construction, rail, aerospace, heavy truck, agriculture and power-generation industries. The company leads North America in large alloy steel bars (more than 6 inches) and seamless mechanical tubing made of its special-bar-quality steel. TimkenSteel's energy offerings serve global equipment manufacturers and service companies with customized products and services for their most demanding applications in down-hole tools and top-of-hole infrastructure.