Timken TKR Fort Scott, Kansas — Number of positions eliminated
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Where this comes from
Reported directly by Timken in its filing.
Tagged under the XBRL concept us-gaap:RestructuringAndRelatedCostNumberOfPositionsEliminated.
The source filing: Timken’s 10-K, filed February 13, 2026.
- Filed
- Feb 13, 2026, 4:44 PM EST
- Fiscal year
- FY2025
- Accession
- 0000098362-26-000012
On December 6, 2024, the Company announced a reduction in force for its belts manufacturing facility in Springfield, Missouri. The reorganization of this facility is expected to affect approximately 100 employees and be completed during the second half of 2026. On November 30, 2023, the Company announced the closure of its belts manufacturing facility in Fort Scott, Kansas. The Company expects to transfer its operations to other belts manufacturing facilities. During the fourth quarter of 2025, the Fort Scott facility ceased operations and affected approximately 125 employees. The Company expects to incur approximately $12 million to $14 million of pretax costs in total related to the closure of the Fort Scott facility and the reorganization of the Springfield facility. During the twelve months ended December 31, 2025 and 2024, the Company recorded severance and related benefits of $0.7 million and $2.5 million, respectively, related to the closure and reorganization. The Company has incurred cumulative pretax costs related to this closure of $9.1 million as of December 31, 2025, including rationalization costs recorded in cost of products sold.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Timken's fort scott, kansas — number of positions eliminated?
- Timken (TKR) reported fort scott, kansas — number of positions eliminated of 125 in Q4 2025.
- What does fort scott, kansas — number of positions eliminated mean?
- This metric represents the total count of full-time or part-time roles permanently removed from the organizational structure within the specified geographic facility. It serves as a key indicator of workforce downsizing or operational streamlining efforts at a specific site. Tracking this helps investors understand the scale of labor-related cost-reduction initiatives.
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