-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Lk5BGzUS2YtaACgQ4A4gscnMH0ZMDfCaTWxnmEc+n/DmXzW4aUMhu1h2Zcqf/VS+ yOUVHZ8IC0EGEDs5JdKiKw== 0000950152-04-004280.txt : 20040525 0000950152-04-004280.hdr.sgml : 20040525 20040525113147 ACCESSION NUMBER: 0000950152-04-004280 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040525 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20040525 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TIMKEN CO CENTRAL INDEX KEY: 0000098362 STANDARD INDUSTRIAL CLASSIFICATION: BALL & ROLLER BEARINGS [3562] IRS NUMBER: 340577130 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01169 FILM NUMBER: 04828984 BUSINESS ADDRESS: STREET 1: 1835 DUEBER AVE SW CITY: CANTON STATE: OH ZIP: 44706-2798 BUSINESS PHONE: 3304713078 FORMER COMPANY: FORMER CONFORMED NAME: TIMKEN ROLLER BEARING CO DATE OF NAME CHANGE: 19710304 8-K 1 l07816ae8vk.htm THE TIMKEN COMPANY 8-K The Timken Company 8-K
 

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 25, 2004

THE TIMKEN COMPANY
(Exact Name of Registrant as Specified in its Charter)

Ohio
(State or Other Jurisdiction of Incorporation)
     
1-1169   34-0577130
     
(Commission File Number)   (I.R.S. Employer Identification No.)

1835 Dueber Avenue, S.W., Canton, Ohio 44706-2798
(Address of Principal Executive Offices) (Zip Code)

(330) 438-3000
(Registrant’s Telephone Number, Including Area Code)

 

 

Item 9. Regulation FD Disclosure

On Saturday morning, May 22, Timken’s Faircrest steel plant resumed melting steel.

The plant was shut down on May 11, 2004, after cesium 137, a low level radioactive material commonly used in industrial gauging, was detected in the dust evacuation system at the plant. The Company had previously thought that the cleanup process would last for 2 — 3 weeks.

The Ohio Department of Health granted conditional approval for the plant to begin melting steel again. Final approval from the Department of Health is expected in 2 — 3 weeks. Although additional cleanup still needs to be completed, the plant will remain operational during that cleanup.

There has been no exposure to employees or to the environment as the plant’s closed loop system successfully contained the hazardous material, as it is designed to do.

The company expects that a significant portion of the costs and losses associated with the shutdown and cleanup, and the resulting business interruption, will be covered by insurance. The aggregate deductible on the relevant insurance policies is approximately $4 million.

             This information is not “filed” pursuant to the Securities Exchange Act of 1934 and is not incorporated by reference into any registration statements under the Securities Act of 1933.

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    THE TIMKEN COMPANY
 
        
  By:   /s/William R. Burkhart
       
      William R. Burkhart
Senior Vice President and General Counsel
 
        
Date: May 25, 2004
        

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