Timken TKR Hiddenite, North Carolina — Pretax gain (loss)
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Where this comes from
Reported directly by Timken in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnSaleOfBusiness.
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 February 20, 2025, the Company announced the closure of its bearing manufacturing plant in Hiddenite, North Carolina. This plant was part of the American Roller Bearing Company acquisition completed on January 31, 2023. During the third quarter of 2025, the manufacturing operations ceased at Hiddenite, and the Company transferred its operations to other bearing manufacturing facilities in the United States. The closure of this facility affected approximately 60 employees. During the twelve months ended December 31, 2025, the Company recorded severance and related benefits of $1.3 million related to this closure. The Company has incurred cumulative pretax costs related to this closure of $4.9 million as of December 31, 2025, including rationalization costs recorded in cost of products sold. On December 30, 2025, the Company completed the sale of this facility and recognized a pretax gain of $1.0 million.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Timken's hiddenite, north carolina — pretax gain (loss)?
- Timken (TKR) reported hiddenite, north carolina — pretax gain (loss) of $1M in Q4 2025.
- What does hiddenite, north carolina — pretax gain (loss) mean?
- Reflects the net financial performance of a specific geographic or operational site before the impact of income taxes. This metric isolates the profitability of a facility, accounting for both operational revenues and site-specific expenses or non-recurring charges.
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