No sign of stronger 2d half yet: Timken exec

Jul 25, 2013 | 06:43 PM | Samuel Frizell

Tags  Timken, quarterly earnings, steel, bearings, alloy, Samuel Frizell

NEW YORK — Timken Co. has yet to see signs of an anticipated recovery heading into the second half of the year, executives said.

Customers who had overstocked in 2012 had been expected to use much of their inventory by the second half of 2013 and then begin restocking, leading to a stronger second half, but that has not yet occurred, executives told investors during the company’s quarterly earnings conference call.....

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