Timken to buy Cone Drive

Euan Youdale

25 July 2018

The Timken Company is set to acquire Cone Drive in its entirety from owner Clyde Blowers Capital (CBC). The buyout will also include Cone Drive’s H-Fang subsidiary, located in Jiangyin, China, and is expected to be finalised during August, pending regulatory approvals.

Cone Drive is a producer of precision motion…

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