DEEP ROOTS CantonINC
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THE TIMKEN COMPANY The Timken Company moved from St. Louis to Canton in 1901. For the first 100 years of business, the company was known for its tapered roller bearings. That is changing. In the last 10 years, the company has entered new markets such as wind energy, mining and power transmission. It has also expanded its market in China and changed its steel offerings. Sales last year hit a record $5.2 billion. Of the 21,000 people Timken employs worldwide, 4,700 are employed in Stark County. In February, Timken announced a $225 million upgrade to Canton’s Faircrest Steel plant. The upgrade is expected to increase alloy steel bar capacity by 25 percent.
Canton Regional Chamber of Commerce
ABOUT THE TIMKEN COMPANY
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CEO: James W. Griffith, President and CEO Location: 1835 Dueber Ave. SW, Canton Product or service: GRIFFITH Tapered roller bearings, steel alloys, gear boxes, components for wind energy, mining, and power transmission industries. Founded in St. Louis in 1899, moved to Stark County in 1901. 2011 sales: $5.2 billion. Number of employees: 21,000 total; 4,700 in Stark County Years in Stark County: 111 About Stark: “While the 21,000 people of Timken work from 30 countries to be close to customers, Canton has been our home for more than a century. We are proud to both live and work here in Stark County, which has been a great partner in progress with a terrific pool of talent.” -James Griffith
GREGORY INDUSTRIES
GREGORY INDUSTRIES In 2011, a line in a transportation bill would have banned federally-funded projects from using guard rails produced by continuous galvanizing — the process used by Gregory Industries. The company reached out to Ohio’s U.S. Senators — Sherrod Brown and Rob Portman. Portman introduced an amendment to remove the provision, and it was taken out of the bill. Gregory Industries specializes in proprietary manufactured products, continuousgalvanized sheet coal and coatings, fence products, guard rails, safety cables and metalworking services. The company originated in Brooklyn, New York, but moved to Stark County in 1957 to capitalize on Ohio’s steel industry. Two plants employ 125 people.
ABOUT GREGORY INDUSTRIES CEO: Steve Gregory, President and CEO Location: 4100 13th St SW, Canton
Product or service: Makes continuous-galvanized steel coil, guard rails and safety cables, strut and fence products.Thomas Gregory Galvanizing Works founded in Brooklyn in 1896; moved to Stark GREGORY County in 1957. Number of employees: 125 Years in Stark County: 55 About Stark: “We moved our business from New York to Canton 55 years ago and have been pleased with the move. A combination of a business friendly political environment, a great work force and superior health care for our employees has helped our company prosper and grow.” -Steve Gregory
DIEBOLD Diebold moved to Canton in 1872. Today, the company employs roughly 16,000 people. Diebold makes and services ATM machines and can manage entire networks of ATMs, said company spokesman Mike Jacobsen. It provides both individual site security and integrated system