CANTON, Ohio - Timken Co. said Tuesday it elected the chief executive of a laboratory supply company to fill a vacant 12th seat on its board.
The company, which makes bearings for the aerospace, automotive, construction and energy industries, said John M. Ballbach will join the board for a term expiring in 2011.
His election restores the board to 12 members, the company said.
Ballbach, 49, is chairman, president and CEO of VWR International LLC, a global laboratory supply and distribution company serving pharmaceutical, biotech, industrial, educational and government organizations.
Timken shares rose 28 cents to close at $24.44. They have traded between $9.88 and $24.85 in the past year.
Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.
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