TSB Metal Recycling, a wholly owned subsidiary of Timken Company, has acquired substantially all of the assets of City Scrap and Salvage, one of the company's suppliers of ferrous scrap for its steelmaking operations, in Akron, Ohio.

The City Scrap acquisition will streamline the supply of scrap to Timken’s steel operations, improving efficiency and increasing supply chain reliability.

While the new venture will simplify Timken’s ability to recycle the industrial scrap generated from its own bearing and steel operations, City Scrap also will continue to buy scrap from dealers and individuals at its West Wilbeth Road location in Akron.

Timken steel group director of supply chain and supply chain economics William Bryan said that for the company’s plants, steel scrap sources are essential, hence acquiring City Scrap further ensures the company has the resources needed to serve its customers now and in the future.

"The acquisition supports the company’s recycling activities and ongoing commitment to the environment, and in today’s operation, nearly 100% of the content of our steel comes from recycled material," Bryan said.

Timken is a manufacturer of highly engineered bearings, alloy steels, and related components and assemblies.