Timken cites costs for aero alloy price hikes
Nov 22, 2005 | 04:46 PM
| Maria Guzzo
Timken Latrobe Steel, a unit of Timken Co., Canton, Ohio, plans to increase prices on all remelted aerospace alloys between 3 and 8 percent, effective with all new orders received beginning Dec. 1.
The price increase will enable the Latrobe, Pa.,-based company to recover rising operational costs experienced throughout its entire manufacturing process, Hans J. Sack, Timken Latrobe Steel's president, said. Raw materials surcharges remain in effect.....
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