Founded in 1898, The Timken Company is a provider of friction management and power transmission products and services. It operates in more than 25 countries and has over 25,000 employees worldwide. The Timken Company, together with its subsidiaries, manufactures engineered bearings, alloy and specialty steel and related components. Its products include tapered roller bearings, precision cylindrical and ball bearings and engineered needle roller bearings. It serves various industries, including the construction and mining, natural resources, automotive, agriculture, defense, pulp and paper production, rolling mills and general industrial goods industries. Additionally, it supplies its products to original equipment manufacturers of gear drives, wind energy machines, computers, aerospace equipment, automotive transmissions, engine crankshafts and oil drilling components. Headquartered in Canton, Ohio, The Timken Company also maintains an office in Peoria, Ill.