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Timken completes acquisition of QM Bearings and Power Transmission
- September 22, 2010
- News Release
- Shop Management
The Timken Company has announced that it has completed the acquisition of Ferndale, Wash.-based QM Bearings and Power Transmission Inc. That location, as well as manufacturing facilities in Prince George, British Columbia, and Wuxi, China, along with distribution facilities in Ontario, Texas, and Cuyahoga Falls, Ohio, will become part of the Process Industries segment of Timken’s Bearings and Power Transmission Group.
"We welcome QM associates to Timken's family of businesses and look forward to serving our customers with a broader offering of high-performance products for demanding power-transmission applications," said Michael C. Arnold, president of Timken's Bearings and Power Transmission Group.
QM has approximately 100 employees in the United States, Canada and China, and posted sales of more than $14 million for the 12-month period through June 30, 2010.
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