Timken aims to grow five-fold in Asia in five yrs


BOMBAY, Feb 24 (Reuters) - Timken Co. , the world's third-largest maker of roller-bearings, is aiming to quintuple sales in Asia in five years to $1 billion helped by strong growth in China and India, its chairman said on Thursday. The company is setting up a strong supply base in India for the domestic and export markets, and is using its research facility in Bangalore to develop and test new products for world markets, W.R. Timken told a news conference. The Bangalore unit is Timken's ...

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