TimkenSteel Recognized for 15th Time in World's Most Ethical Companies List
- TimkenSteel celebrates its 15th inclusion in Ethisphere's World's Most Ethical Companies list, highlighting its commitment to integrity.
- The company embeds ethical considerations in governance, emphasizing trust and accountability among employees and stakeholders.
- Timken's acquisition of Bijur Delimon International aims to enhance capabilities and market presence while maintaining ethical business practices.
TimkenSteel Reinforces Commitment to Ethical Business Practices
TimkenSteel, a recognized leader in engineered bearings and industrial motion, celebrates its inclusion in Ethisphere's 2026 World's Most Ethical Companies list, marking a significant milestone as it secures this distinction for the 15th time. Under the stewardship of Lucian Boldea, Timken’s president and CEO, the company underscores integrity and transparency as core principles of its operational philosophy. This commitment extends beyond mere compliance; it cultivates a culture of trust and accountability among employees and across its broader network of customers and stakeholders.
The recognition from Ethisphere reflects Timken's persistent endeavors to embed ethical considerations into its governance and decision-making framework. The firm's proprietary Ethics Quotient® method evaluates candidates across 41 industries in 19 countries, weighing over 240 proof points related to ethical conduct. Timken's recurrent presence on this esteemed list since its inception illustrates its resolve to prioritize ethical business practices, ultimately driving improved long-term performance.
Timken boasts extensive industry expertise, with sales reported at $4.6 billion in 2025 and a global workforce of approximately 19,000 spread across 45 countries. Its innovative approach focuses on delivering customer-centric solutions that enhance operational efficiency and reliability across diverse sectors. Timken's status as one of only 31 companies to be recognized multiple times since Ethisphere's establishment further solidifies its reputation as an ethical leader in the industrial sector, fostering a legacy of responsible business practices.
In a strategic move to bolster growth, Timken has recently announced the acquisition of Bijur Delimon International (BDI), a leading manufacturer of automated lubrication systems. This acquisition is designed to enhance Timken's capabilities and market presence in critical sectors such as rail, power generation, and mining. BDI’s robust relationships within these essential markets are expected to complement Timken's existing offerings and provide new synergies for customer service.
As Timken integrates BDI into its operations, the company continues to focus on innovative solutions and enhanced customer experiences. Founded in 1872, BDI is projected to generate over $60 million in sales in 2026, contributing to Timken's strategic objectives. With cash reserves and existing facilities financing this acquisition, Timken remains well-positioned for future growth while reinforcing its commitment to ethical practices that resonate across its expansive global footprint.