The Timken Company announced on 31 August that it had agreed to acquire the private company Drives LLC for US$92m in cash. Based in Fulton, Illinois, Drives is a manufacturer of drive-chains, roller-chains and conveyor augers for the agricultural and industrial markets. The company reported sales of approximately US$100m in the Subscribe to Automotive World to … Continued
The Timken Company announced on 31 August that it had agreed to acquire the private company Drives LLC for US$92m in cash. Based in Fulton, Illinois, Drives is a manufacturer of drive-chains, roller-chains and conveyor augers for the agricultural and industrial markets. The company reported sales of approximately US$100m in the
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https://www.automotiveworld.com/articles/88977-us-timken-to-acquire-drives-llc/
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