The 102-year-old Diamond Chain plant at 402 Kentucky Ave. in Indianapolis will close over the next 24 to 36 months, ending local employment for 240 people at the facility, the company’s new owner said ...
Indianapolis-based manufacturer Diamond Chain Co. will continue to operate under the same name even though it has been acquired by Timken Co., a much larger company based in North Canton, Ohio. Timken ...
INDIANAPOLIS (Inside INdiana Business) — A longstanding manufacturing plant in downtown Indianapolis is set to close its doors. Ohio-based The Timken Co. (NYSE: TKR) says it plans to shutter the ...
NORTH CANTON, Ohio, April 1, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired The Diamond Chain Company from ...