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We are realizing the benefits of our multi-year $500 million capital investment program.

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TimkenSteel in the News

11.16.17 Second Tentative Agreement Between TimkenSteel, United Steelworkers Voted Down
TimkenSteel employees who are members of the United Steelworkers (USW) Local 1123 have failed to ratify a second tentative agreement between their bargaining representatives and the company. "We're extremely disappointed because both the company and the union returned to the bargaining table a few weeks ago and once again worked hard to arrive at a fair and realistic agreement focused on benefitting our employees and the community," said Bill Bryan , TimkenSteel's executive vice president of manufacturing and supply chain. "The agreement, which was voted down despite recommendation from the union's bargaining committee, offered our employees the ability to continue to earn some of the best wages and benefits packages in Stark County , while allowing TimkenSteel to stand stronger against the significant competitive pressures the company faces as an independent steel producer in today's global marketplace." The tentative agreement that was not ratified in today's vote offered...
11.10.17 TimkenSteel Accepts American Legion National Large Employer of Veterans Award During Event Recognizing Company's Veteran Workforce
TimkenSteel Corporation (NYSE: TMST, ), a leader in customized alloy steel products and services, was honored to accept The American Legion Large Employer of Veterans Award at an annual company breakfast held this morning to recognize members of its workforce who are military veterans. The company is the leading employer of veterans in Stark County and one of the leading employers in Ohio , with more than 13 percent of its workforce having served in the military. "Today was about thanking our employees who have served our country, and it's an event we look forward to every year. We all appreciated the honor of having the American Legion and partner agencies join us to recognize our efforts at TimkenSteel to attract and retain such a large number of military veterans in our workforce," said Elaine Russell Reolfi , executive vice president of organizational advancement and corporate relations, who accepted the award on behalf of TimkenSteel . "Military veterans are a...
11.10.17 TimkenSteel, United Steelworkers Reach Second Tentative Agreement for New Four-Year Contract
TimkenSteel and the United Steelworkers (USW) Local 1123 have reached a second tentative agreement on a four-year contract. The union will set and announce the date for its membership to vote on the tentative agreement. "We have continued to meet and work with union representatives over the past few weeks to arrive at an agreement that benefits our employees as well as our community," said Bill Bryan , TimkenSteel's executive vice president of manufacturing & supply chain. "We remain focused on upholding TimkenSteel's position as an employer of choice in Stark County and keeping our people working, while at the same time addressing the competitive pressure we face as an independent steel company operating in a global marketplace." The tentative agreement provides increases to permanent base wages every year, bonus opportunities, high-quality healthcare and retirement benefits for all members, and a continued focus on safety and employee wellbeing. The USW Local 1123 represents...