Timken Completes Acquisition of Cone Drive

Timken has completed its previously announced acquisition of Cone Drive, a manufacturer of precision drive products.

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The Timken Company, a global leader in engineered bearings and power transmission products, announces that on Sept. 1, 2018 it completed the previously announced acquisition of Cone Drive, a leader in precision drives used in diverse markets including solar, automation, aerial platforms, and food and beverage. 

Cone Drive is headquartered in Traverse City, MI, and has manufacturing operations in the United States and China. The company has a global customer base and employs approximately 500 people. The business produces a broad range of highly customizable precision drive products that include Cone Drive and H-Fang branded high-torque worm gears, harmonic solutions and precision slew drives.