Auto Industry
Industry: Email Alert RSS FeedTimken to close Rockford plant
Automotive Industries, August, 2003
As part of its continuing strategy to focus its plants to be globally competitive in the product that each manufactures and integrate its acquisition of Torrington, The Timken Company will close the Rockford plant in Rockford, Ill., within the next three to five months. The plant employs 32 people.
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The Rockford plant, which makes radial ball bearings for general industrial and consumer durable applications, had suffered from low-priced imports that have entered the country in increasing quantities.
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