Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nyse  >  Timken Co    TKR

My previous session
Most popular
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweets

Timken : Community foundation awarded $100,000 grant from Timken Foundation

share with twitter share with LinkedIn share with facebook
share via e-mail
11/06/2017 | 11:49am CEST

The Cherokee County Community Foundation was recently awarded a $100,000 grant from the Timken Foundation of Canton, in honor of CCCF's upcoming 25th anniversary. The gift will grow CCCF's endowment by almost 20 percent to $560,000, which will increase the grant-making dollars available to local nonprofits.

The gift was particularly special to the Cherokee County Community Foundation, given its long history with the Timken Foundation, which gave a $100,000 gift in 1994 to help start CCCF.

Cody Sossamon, Cherokee County Community Foundation board chair, said Timken has a long history of generosity in the area. The Timken Company – the global manufacturer started by the Timken family, members of which began the Timken Foundation – has a plant in Gaffney and has helped support local nonprofits for nearly 50 years.

"Limestone College, Boys and Girls Clubs of the Upstate, Cherokee County School District, CHAPS, the Gaffney Little Theatre and many more have been the beneficiaries of the (Timken) Foundation's generosity," Sossamon said. "Almost 25 years ago, the Cherokee County Community Foundation was formed with $100,000 grants each from the Fullerton Foundation and the Timken Foundation.

"On behalf our board and all of Cherokee County, I convey our utmost appreciation to the Timken Foundation for their second $100,000 grant to our community foundation. As with the initial grant, these funds will be used wisely to improve the quality of life in our county."

The Cherokee County Community Foundation, a regional affiliate of Foundation For The Carolinas in Charlotte, has awarded nearly $350,000 to local grant-making since it was established and has more than $3 million in charitable assets. For more information about the Foundation and to view a list of recent grants, visit www.cherokeecountycf.org. About Cherokee County Community Foundation

The Cherokee County Community Foundation was established in 1994 by local leaders to encourage philanthropy and secure resources to address local issues. The Foundation brings together charitable donors, community leaders and nonprofits to make positive impacts in Cherokee County, S.C. Led by a local board of trustees, the Foundation has awarded more than $350,000 in grants to area nonprofits since inception.

© Copyright, 2017, The Gaffney Ledger, All Rights Reserved., source Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on TIMKEN CO
10/12TIMKEN : Schedules Third-Quarter 2018 Earnings Release and Conference Call
09/18TIMKEN : Completes Acquisition of Rollon Group
09/14TIMKEN CO : Entry into a Material Definitive Agreement, Creation of a Direct Fin..
09/06TIMKEN CO : Other Events, Financial Statements and Exhibits (form 8-K)
09/04TIMKEN : Completes Acquisition of Cone Drive
08/23TIMKEN : to Participate in Vertical Research Partners 2018 Industrials Conferenc..
08/22TIMKEN : Prices Public Offering of $400 Million Senior Unsecured Notes Due in 20..
08/16TIMKEN CO : Ex-dividend day for
08/07TIMKEN : Declares Quarterly Dividend of 28 Cents Per Share
08/01TIMKEN : to Participate in Jefferies 2018 Global Industrials Conference
More news
News from SeekingAlpha
09/04Timken completes acquisition of Cone Drive 
08/22Timken prices public offering of $400M senior unsecured notes 
08/08Timken Company (TKR) Presents At Jefferies 14th Annual Industrials Conference.. 
08/07Timken declares $0.28 dividend 
07/31The Timken (TKR) Q2 2018 Results - Earnings Call Transcript 
Financials ($)
Sales 2018 3 639 M
EBIT 2018 499 M
Net income 2018 325 M
Debt 2018 1 360 M
Yield 2018 2,55%
P/E ratio 2018 10,52
P/E ratio 2019 9,25
EV / Sales 2018 1,28x
EV / Sales 2019 1,14x
Capitalization 3 303 M
Duration : Period :
Timken Co Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TIMKEN CO
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 58,6 $
Spread / Average Target 35%
EPS Revisions
Richard G. Kyle President, Chief Executive Officer & Director
John M. Timken Non-Executive Chairman
Richard M. Boyer Vice President-Operations
Philip Dominic Fracassa Chief Financial Officer & Executive Vice President
Stephen P. Johnson Director-Research & Development
Sector and Competitors
1st jan.Capitalization (M$)
TIMKEN CO-13.08%3 303
FANUC CORP-27.76%35 060
ATLAS COPCO AB-16.94%30 403
PARKER HANNIFIN-16.17%22 153