Timken Acquires EDT Corp.

Noria news wires
Tags: bearings, manufacturing

The Timken Co. recently announced that it has acquired EDT Corp., a manufacturer of polymer housed units and stainless-steel ball bearings used widely by the food and beverage industry.

Based in Vancouver, Washington, EDT serves a well-established customer base primarily through North American distributors with whom Timken has long-standing relationships. EDT's product line includes a range of non-corrosive, greaseless, washdown-resistant and extreme-temperature bearings and accessories. In 2015, the company's revenue was less than $10 million.

"We market a broad range of bearing housed units and are pleased to add the EDT line to our portfolio," said Chris Coughlin, Timken group president. "We see this acquisition as an excellent strategic fit, allowing Timken to simultaneously build on the inherent strengths of the EDT team and leverage our expanded marketplace offering, thereby increasing our presence in the food and beverage segment."

A leader in engineered bearings and mechanical power transmission products, Timken offers a portfolio of housed unit bearings consisting of Timken, Fafnir, Revolvo and now EDT-branded products, serving general industrial and other diverse markets such as metals, mining, lumber and food and beverage. The company also markets a variety of high-performance housed unit bearing styles, including ball and spherical roller bearing, solid-block tapered and spherical roller bearing, and split spherical and cylindrical roller bearing designs.

For more information, visit www.timken.com.