Business Briefs

Timken acquires Intelligent Machine Solutions

The Timken Company, an industrial leader in engineered bearings and power transmission products, has acquired Intelligent Machine Solutions (iMS), a manufacturer of industrial robotics and automation solutions. The addition of iMS expands and complements Timken’s Rollon® linear motion product range with larger and heavy-duty applications, such as seventh-axis robotic transfer units (RTUs) and gantry systems.

iMS, which was founded in 2008, is based in Norton Shores, Michigan. The company, which has approximately 20 employees, designs and manufactures floor-mounted, overhead, rotary and extreme seventh-axis RTUs and gantry systems used by manufacturers across industries to automate certain production processes. iMS will increase Rollon’s leadership in robotics and automation and in new and growing end-market sectors, such as packaging and marine, as well as aerospace and automotive production plants. Furthermore, the addition of iMS enhances Rollon’s operational footprint in the United States, a key strategic objective for the business.

iMS revenues for the 12 months ended June 30, 2021 were approximately $6 million. Other terms of the transaction were not disclosed.

Published in the October 2021 Edition

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