The Timken Co.'s Faircrest Steel Plant is the site of some important developments, leading to the start-up early next year of a $40-million in-line forging process to shape cast billets or ingots before they are fully solidified. Looking farther ahead, the entire works in Canton, OH, is the object of a $225-million capital program to add 25% more steel capacity, including a new ladle metallurgy station and a large-dimension bloom caster for large-diameter engineered steel bars.
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