CANTON, Ohio: June 4, 2013 — The Timken Company (NYSE: TKR; www.timken.com) recently received the MTU Maintenance Supplier Award for MRO (Maintenance, Repair and Overhaul) in the category of Best Outside Vendor for outstanding performance for the second consecutive year. MTU Maintenance, a division of MTU Aero Engines, is the world’s largest independent provider of commercial engine maintenance services.
MTU recognized Timken for the company’s support during 2012 in several key areas:
- Rapid repair development for a new project at a facility in Berlin, Germany;
- Top performance on a key engine platform;
- Supporting capabilities development for a facility in Vancouver, Canada; and
- Industry leading turnaround time and on-time delivery.
"We are extremely proud to receive this award for a second consecutive year,” said Larry Shiembob, director of aerospace aftermarket for Timken. “The award is one indication of how MTU Maintenance and other customers are benefitting from close customer collaboration and the continuous improvement efforts at Timken.”
“Reliable suppliers with an eye on quality, on-time delivery and the flexibility to meet our customers’ needs are the key to success in our business,” said Ulrich Schatz, head of processes, systems and standardization at MTU Maintenance. “We are very proud of our relationship with Timken. The company has provided us with outstanding support for many years now, and we are looking forward to successful future cooperation.”
Timken has been repairing aerospace bearings for more than 55 years and considers its Los Alamitos, Calif., facility as a center of expertise for bearing inspection and repair. The facility can repair more than 5,000 part numbers spanning 80 engine platforms. The Timken Company’s global aerospace organization includes bearing repair operations in Wolverhampton, United Kingdom, and bearing inspection in Chengdu, China.
About MTU Aero Engines
MTU Aero Engines is Germany's leading, the country's only independent engine manufacturer and an established global player in the industry. It engages in the development, manufacture, marketing and support of commercial and military aircraft engines and industrial gas turbines. The company is a technological leader in low-pressure turbines, high-pressure compressors, manufacturing processes, and repair techniques. In the commercial maintenance area, MTU Maintenance is the world's largest independent provider of engine maintenance services. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines flown by the country's military. MTU operates affiliates around the globe; Munich is home to its corporate headquarters. In fiscal 2011, the company had a workforce of some 8,500 employees and posted consolidated sales of some 3.4 billion euros. In early March this year, the company won the German Industry’s 32nd Innovation Award. MTU received the recognition for the geared turbofan engine’s high-speed low-pressure turbine.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com), a global industrial technology leader, applies its deep knowledge of materials, friction management and power transmission to improve the reliability and efficiency of industrial machinery and equipment all around the world. The company engineers, manufactures and markets mechanical components and high-performance steel. Timken® bearings, engineered steel bars and tubes—as well as transmissions, gearboxes, chain, related products and services—support diversified markets worldwide. With sales of $5.0 billion in 2012 and approximately 20,000 people operating from 30 countries, Timken makes the world more productive and keeps industry in motion.
