Economic Downturn Brings Resilience to Timken's Steel Wheels Business

The steel wheels division of Timken Incorporated weathered the economic storm in Q4 2025, with revenue increasing by 2.3% compared to the same period last year. The company attributed this growth to a combination of factors, including increased demand for industrial equipment and a resilient supply chain. In contrast, the company’s bearings business experienced slower sales, due to decreased production levels across various industries. Timken’s CEO expressed confidence in the company’s ability to navigate the current economic landscape, citing the strength of its balance sheet and a renewed focus on innovation. The company announced plans to invest $500 million in research and development over the next three years, with an emphasis on developing new technologies that will enhance its position in the market. While Timken faces challenges ahead, the steel wheels division’s resilience serves as a beacon of hope for the company’s future prospects.