The Timken Company Acquires Des-Case Corp.

The Timken Company Acquires CGI, Inc.

August 5, 2024

Manufacturing

The Timken Company has completed its acquisition of CGI, Inc., a family-owned Nevada manufacturer of precision drive systems that serves automation markets with a concentration in medical robotics. CGI employs roughly 130 people and is expected to generate about $45 million in sales in 2024; the acquisition expands Timken's precision motion-control portfolio and capabilities.

The Timken Company Acquires Engineered Solutions Group (iMECH)

October 16, 2023

Manufacturing

The Timken Company has agreed to acquire Engineered Solutions Group (also known as Innovative Mechanical Solutions or iMECH), a Houston-based manufacturer of thrust and radial bearings, specialty coatings and other components serving the energy industry. iMECH employs approximately 70 people and projects about $30 million in revenue for 2023; Timken will fund the purchase with cash on hand and its existing revolving credit facility and expects the deal to close in the fourth quarter.

Timken Acquires American Roller Bearing Company

February 1, 2023

Manufacturing

The Timken Company has acquired the assets of American Roller Bearing Company (ARB), a North Carolina-based manufacturer of industrial bearings that generated more than $30 million in sales in 2022. The asset purchase brings ARB's installed base, aftermarket business and two manufacturing facilities in Hiddenite and Morganton, North Carolina into Timken; the Succop family, which founded and owned ARB, sold the business.

The Timken Company Acquires Intelligent Machine Solutions (iMS)

August 20, 2021

Manufacturing

The Timken Company has acquired Intelligent Machine Solutions (iMS), a Norton Shores, Michigan manufacturer of seventh-axis robotic transfer units (RTUs) and gantry systems. The acquisition expands Timken’s Rollon linear motion product range into larger, heavy-duty applications and strengthens Rollon’s U.S. footprint and end-market coverage in sectors such as packaging, aerospace and automotive.

PCX Aerosystems Acquires Timken Aerospace Drive Systems

November 7, 2022

Aerospace & Defense

PCX Aerostructures (dba PCX Aerosystems), a Greenbriar Equity Group–owned aerospace manufacturer, has completed the acquisition of Manchester, Connecticut–based Timken Aerospace Drive Systems (ADS). ADS will be rebranded as PCX Aerosystems – Manchester LLC, expanding PCX's gearbox, transmission and MRO capabilities in mission-critical aerospace components.

Aramsco Acquires Casey Engineered Maintenance

April 18, 2022

Industrial Services

Aramsco, Inc. has acquired Casey Engineered Maintenance, a Foxboro, Massachusetts-based regional distributor of janitorial and sanitary supplies and equipment. The deal expands Aramsco's product offering and New England footprint while adding Casey's maintenance programs, equipment repair capabilities and customer relationships in education, healthcare and hospitality markets. Financial terms were not disclosed.