Timken employees discuss concerns
What do Timken Co. employees have to say about the company’s split?
The Repository caught up with several workers, with some expressing deep concern and disappointment.
Sally Bailey is maintaining a sense of optimism.
“I think everyone is taking a wait-and-see attitude,” said Bailey, who is with the IT division of Timken Co.’s steel production unit. “We would like to remain independent. I think the city of Canton would like us to remain independent.”
A Massillon resident, Bailey said that her father, Eugene Roshong, was a Timken Co. employee. She was among those who discussed their concerns while leaving the company’s corporate office in the 1800 block of Dueber Avenue SW.
Through a spin-off, Timken Co. board of directors approved a plan to separate the steel producing unit from the bearings and power transmission side. This will create two publicly traded companies.
“On the steel side of it, it is a little bit of a concern,” employee Billy Ray said. “We don’t know what the structure will be. It does open up the steel side to being bought out by a competitor. Steel becomes its own little entity. It does become attractive to some Asian company.”
Ray, a Carroll County resident, is a program manager with The Timken Co. steel division.
“I have got 30 years with the company,” Ray said. “So I am concerned with the pension structure.”
Several employees declined to discuss the matter.
“I am not sure what it means for me,” said Scott Waggoner of Canton, an employee in the IT unit of the steel division. “I am surprised. I am disappointed. I thought the two companies worked well together.”
“I am sure everyone is concerned,” said Tracy Williams, who is a steel accounts receivable analyst in the steel division. “My main concern is that no one buys us out. It could change everything. It is not a comfortable feeling.”
A Perry Township resident, Williams’ husband is employed at Timken Co.’s Faircrest steel plant.
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