Timken Receives $26 Million Contract From Goldwind

The Timken Co. has received a contract worth $26 million to supply wind turbine products and services to China's Xinjiang Goldwind Science & Technology Co.

In 2009, Goldwind received new wind power capacity orders for about 2,722 MW, accounting for approximately 19.7% of the wind generation added in China last year. Goldwind's contract with Timken will support more than 1,500 MW of new wind power capacity.

Timken will provide its UltraWind tapered roller bearings and condition-monitoring systems and services for Goldwind's current 1.5 MW and 2.5 MW wind turbines.

In addition, the companies have agreed to collaborate further on development programs, including using Timken's advanced engineering design to reduce cycle times for new platforms and incorporating the company's life cycle service approach to contribute to sustainable performance and uptime of Goldwind's projects around the world.

SOURCE: The Timken Co.

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