# Timken completes acquisition of CGI, Inc.

The Timken Company completed its acquisition of CGI, Inc., a Nevada-based manufacturer of precision drive systems for automation markets including medical robotics.

- Type: Acquisition
- Announced: 2024-10-08
- Where: Carson City, Nevada, United States
- Jobs: 130
- Status: completed
- Products: precision drive systems, harmonic drives, cycloidal products
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Timken](https://endata.com/companies/1700.md) (acquirer)
- [CGI](https://endata.com/companies/23688.md) (target)

## Sources

- [powertransmission.com](https://www.powertransmission.com/timken-completes-acquisition-of-cgi-inc), 2024-10-08: "CGI's precision motion-control offerings closely complement our Cone Drive harmonic and Spinea cycloidal products."

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