Timken Making Big Investments as Shale Increases Market Demand

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From Crain's Cleveland Business:
If Timken Co.'s future vertical caster was plunked down in the deepest part of Lake Erie, its top still would reach above the waves. 
As it is, the pricey piece of equipment, which will pour molten metal on a continuous basis, forming hardened steel, will rise high above most of Stark County at Timken's Faircrest Steel Plant in Canton.

Timken spokesman Dan Minnich said the structure housing the caster is expected to reach 175 feet above ground and more than 75 feet below. Crews already are hard at work digging the giant hole for the continuous caster, which should be installed and operational by the second half of 2014. 
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