Timken Extends Agreement With North Coast Bearings, LLC
The Timken Company (NYSE: TKR) and North Coast Bearings LLC have agreed to a five-year extension of their strategic alliance, which has supplied kits and components to customers in the automotive and heavy truck aftermarket since 1997, when the companies began collaborating.
Timken and North Coast market and distribute differential and transmission kits and components under the product name DT Components for the light-, medium- and heavy-duty markets. "Since the inception of the DT Components product line, our focus has been on providing quality products to cover a range of applications required by the professional installer," said Tom Tecklenburg, director of the automotive and heavy-duty aftermarket for Timken. "This combination of Timken quality and North Coast kit development and packaging has proven very successful."
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.