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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 7, 1998
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The Timken Company
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(Exact name of registrant as specified in its charter)
Ohio 1-1169 34-0577130
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
1835 Dueber Avenue, S.W., Canton, Ohio 44706-2798
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (330) 438-3000
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ITEM 5. OTHER EVENTS
Production and maintenance associates at Latrobe Steel Company
("Latrobe Steel"), a wholly owned subsidiary of The Timken Company located in
Latrobe, Pennsylvania, went on strike late on Wednesday, May 6, 1998. The
distribution and service portions of the Latrobe Steel business as well as
all manufacturing operations located in other communities remain unaffected by
the strike.
Latrobe Steel and the United Steelworkers of America had been
negotiating for two months on a new contract to replace the one that expired on
May 3, 1998. Approximately 450 union members at Latrobe Steel are on strike.
The Timken Company believes this work stoppage will not
materially affect its 1998 financial performance.
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SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
THE TIMKEN COMPANY
Date: May 7, 1998 By: /s/Gene E. Little
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Gene E. Little
Senior Vice President-Finance
