The Timken Company TKR announced yesterday that it acquired Indianapolis, IN-based The Diamond Chain Company, owned by Amsted Industries. Financial terms of the transaction have been kept under wraps.

Indianapolis-based manufacturer Diamond Chain Co. will continue to operate under the same name even though it has been acquired by Timken Co., a much larger company based in North Canton, Ohio. Timken ...

NORTH CANTON, Ohio, April 1, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired The Diamond Chain Company from ...

INDIANAPOLIS (Inside INdiana Business) — A longstanding manufacturing plant in downtown Indianapolis is set to close its doors. Ohio-based The Timken Co. (NYSE: TKR) says it plans to shutter the ...

INDIANAPOLIS (Inside INdiana Business) — Ohio-based The Timken Co. (NYSE: TKR) is detailing plans to begin layoffs at the Diamond Chain Co. manufacturing plant in downtown Indianapolis. In a notice to ...

The planned closing of the 102-year-old Diamond Chain Co. factory in the southwestern corner of downtown likely will throw into play a nearly 18-acre site that real estate experts say would be ...