Updated August 1, 2019

The Timken Company, a world leader in engineered bearings and power transmission products today reported second-quarter 2019 sales of $1 billion, up 10.3 percent from the same period a year ago.

A decision was made three years ago to close the plant in Pulaski to make changes to its supply chain to better serve global customer demand for the bearing products. 

According to Timken officials, the decision to move production in Pulaski to other Timken facilities was because the company has open capacity, further streamlining and allowing it to make more effective use of its assets and resources.

Timken's sales increase was primarily driven by the benefit of acquisitions and organic growth in the Process Industries segment, partially offset by unfavorable foreign currency translation.

The company now expects 2019 revenue to be up approximately 7 to 9 percent in total versus 2018. This includes expected organic growth of 1½ to 3½ percent plus the benefit of acquisitions, partially offset by unfavorable foreign currency translation.