# Timken acquires PT Tech, adding industrial clutches and brakes

The Timken Company has acquired the assets of PT Tech, Inc., a manufacturer of engineered clutches, brakes and torque management devices for mining, aggregate and other industries, based in Sharon Center, Ohio.

- Type: Acquisition
- Announced: 2017-05-05
- Where: Sharon Center, Ohio, United States
- Status: completed
- Products: engineered clutches, brakes, hydraulic power take-off units, torque management devices
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Timken](https://endata.com/companies/1700.md) (acquirer)
- [PT Tech, Inc.](https://endata.com/companies/17116.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/timken-acquires-pt-tech-adding-industrial-clutches-and-brakes-to-its-mechanical-power-transmission-portfolio-300452260.html), 2017-05-05: "This acquisition allows us to better serve our customers by offering a broader, more diverse package of products and services."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.