The Timken Co. has completed its acquisition of Cone Drive. Cone Drive is headquartered in Traverse City, Michigan, and has manufacturing operations in the U.S. and China. The company has a global customer base and employs approximately 500 people. The business produces a broad range of highly customizable precision drive products that include Cone Drive and H-Fang branded high-torque worm gears, harmonic solutions and precision slew drives. More detail on the transaction can be found in our earlier report, which followed the initial announcement in July.