Jul 27, 2017

Timken Acquires the Assets of PT Tech


AeroTorque Corp., a U.S. manufacturing and engineering firm for torque damping products and torque monitoring for wind turbines, has joined the Timken team. Timken recently acquired PT Tech, Inc. The acquisition adds PT Tech and AeroTorque brands to Timken’s growing portfolio of mechanical power transmission products.

“Acquiring the AeroTorque business expands our offering in existing and comparable end markets,” said Hans Landin, vice president — mechanical power transmission for the Timken Company.

“We are pleased to add industrial clutches and brakes to Timken’s growing portfolio of mechanical power transmission products,” said Richard G. Kyle, Timken president and chief executive officer. “This acquisition allows us to better serve our customers by offering a broader, more diverse package of products and services. The addition of PT Tech will also provide ample growth opportunities, as we leverage our portfolio to drive growth across complementary markets around the world.”

Timken engineers, manufactures, and markets bearings, gear drive systems, chain, belts, couplings, lubrication delivery systems and a variety of related services.  

Source: AeroTorque

For more information, go to www.aerotorque.com


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