Timken Eliminates Hundreds of Jobs

Canton, OH - Bad news on the job front.

Canton-based Timken Company - which specializes in bearings and alloy steels - cutting 700 jobs.

Timken says its automotive division has been hurt by the weakness in the US auto industry.

No word on when the job cuts will be made.

Timken has about 27 thousand employees and plants in 27 countries.