Tuesday, September 27, 2005

Timken has friends in high places

Ohio's Bob Ney is in the news again! Bob Ney's contributors include Timken. See the link and the excerpts.
http://www.opensecrets.org/indivs/search.asp?NumOfThou=0&txtName=&txtState=%28all+states%29&txtZip=&txtEmploy=Timken&txtCand=Ney&txt1994=Y&txt1996=Y&Order=N
Agency finds fault with law benefiting Timken
Tuesday, September 27, 2005

By Paul M. Krawzak Copley News Service

WASHINGTON – An already-controversial anti-dumping law that has meant almost $400 million to the Timken Co. and its subsidiaries since 2001 and which benefits the Canton company more than any other manufacturer came under fresh fire Monday in a report from the Government Accountability Office.

The GAO, an investigative arm of Congress, said the law, commonly known as the Byrd amendment, has provided financial benefits for certain companies such as Timken while ignoring others that have been hurt by unfair trade...

Reps. Ralph Regula, R-Navarre, and Bob Ney, R-Heath, also have supported the law in the past. A spokesman for Ney said he still strongly backs the law. Regula was unavailable to react to the GAO report.

FYI: Timken also contributed to Regula:
http://www.opensecrets.org/indivs/search.asp?NumOfThou=0&txtName=&txtState=%28all+states%29&txtZip=&txtEmploy=Timken&txtCand=Regula&txt2006=Y&txt2004=Y&txt2002=Y&Order=N