Timken
today announced plans to build a new bearing manufacturing facility in
. The plant, which will be located in Chennai in the southern state of Tamil Nadu, will produce a range of antifriction bearings for global markets.
Timken's new facility will be built in one of
The plant is estimated to cost $25m. Production is expected to begin during the fourth quarter of 2007. Timken, which currently employs approximately 1,000 people in
Timken's Indian operations currently include a bearing manufacturing plant in
and a Global Innovation Centre in
that designs, develops and tests new friction management and power transmission technologies.
Engineering industry reacts to Reeves' budget
I´d have to say - ´help´ - in the longer term. It is well recognised that productivity in the UK lags well behind our major industrial competitors and...