As filed with the Securities and Exchange Commission on September 16, 2003.
Registration No. 333-______
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
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THE TIMKEN COMPANY
(Exact name of registrant as specified in its charter)
Ohio 34-0577130
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1835 Dueber Avenue, S.W., Canton, Ohio 44706-2798
(Address of principal executive offices including zip code)
THE HOURLY PENSION INVESTMENT PLAN
(Full title of the plan)
Scott A. Scherff
Corporate Secretary and Assistant General Counsel
1835 Dueber Avenue, S.W.
Canton, Ohio 44706-2798
(Name and address of agent for service)
(330) 438-3000
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
------------------------ ---------------------- ---------------------- ---------------------- ----------------------
Proposed Proposed
Title of Maximum Maximum
Securities Amount Offering Aggregate Amount of
to be to be Price Per Offering Registration
Registered (1) Registered Share Price (2)(3) Fee
------------------------ ---------------------- ---------------------- ---------------------- ----------------------
Common Stock
without par value 500,000 shares $17.90 $ 8,950,000 $ 724.06
------------------------ ---------------------- ---------------------- ---------------------- ----------------------
(1) Pursuant to Rule 416(c) under the Securities Act of 1933, as amended
(the "Securities Act"), this registration statement also covers an
indeterminate amount of interests to be offered pursuant to The Hourly
Pension Investment Plan (the "Plan").
(2) Estimated pursuant to paragraphs (c) and (h) of Rule 457 under the
Securities Act on the basis of the average of the high and low sale
prices for Common Stock on the New York Stock Exchange on September 10,
2003.
(3) Estimated solely for the purposes of determining the registration fee.
Pursuant to General Instruction E to Form S-8, the contents of the
registration statements on Form S-8 (Registration Nos. 333-66921 and 333-35152)
as filed with the Securities and Exchange Commission on November 6, 1998 and
April 19, 2000, respectively, to register the Common Shares, without par value,
of the Registrant to be issued under the Plan are hereby incorporated by
reference. This registration statement on Form S-8 is filed for the purpose of
registering an additional 500,000 Common Shares of the Registrant under the
Plan.
ITEM 8. EXHIBITS.
The following Exhibits are being filed as part of this registration
statement:
5 Opinion of Counsel
23(a) Consent of Independent Auditors (Ernst & Young LLP)
23(b) Consent of Independent Accountants (PricewaterhouseCoopers LLP)
23(c) Consent of Counsel (included in Exhibit 5)
24 Power of Attorney
SIGNATURES
Pursuant to the requirements of the Securities Act, the
registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing this registration statement on Form S-8 and has
duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Canton, State of Ohio, on
this 16th day of September, 2003.
THE TIMKEN COMPANY
By: /s/Scott A. Scherff
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Scott A. Scherff
Corporate Secretary and Assistant General Counsel
Pursuant to the requirements of the Securities Act, this registration statement
has been signed by the following persons in the capacities and on the dates
indicated.
Signature Title Date
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* President, Chief Executive Officer and Director September 16, 2003
--------------------------------------- (Principal Executive Officer)
James W. Griffith
* Executive Vice President -- Finance and September 16, 2003
--------------------------------------- Administration (Principal Financial Officer)
Glenn A. Eisenberg
* Senior Vice President -- Finance and Controller September 16, 2003
--------------------------------------- (Principal Accounting Officer)
Sallie B. Bailey
* Director and Chairman September 16, 2003
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W.R. Timken, Jr.
Director
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Stanley C. Gault
* Director September 16, 2003
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John A. Luke, Jr.
* Director September 16, 2003
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Robert W. Mahoney
* Director September 16, 2003
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Jay A. Precourt
* Director September 16, 2003
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Ward J. Timken, Jr.
* Director September 16, 2003
--------------------------------------
John M. Timken, Jr.
* Director September 16, 2003
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Ward J. Timken
* Director September 16, 2003
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Joseph F. Toot, Jr.
* Director September 16, 2003
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Martin D. Walker
* Director September 16, 2003
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Jacqueline F. Woods
* Director September 16, 2003
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Joseph W. Ralston
* This Registration Statement has been signed on behalf of the above-named
directors and officers of the Company by Scott A. Scherff, Corporate
Secretary and Assistant General Counsel of the Company, as attorney-in-fact
pursuant to a power of attorney filed with the Securities and Exchange
Commission as Exhibit 24 to this registration statement.
DATED: September 16, 2003 By: /s/Scott A. Scherff
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Scott A. Scherff, Attorney-in-Fact
EXHIBIT INDEX
Exhibit
Number Exhibit Description
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5 Opinion of Counsel
23(a) Consent of Independent Auditors (Ernst & Young LLP)
23(b) Consent of Independent Accountants (PricewaterhouseCoopers LLP)
23(c) Consent of Counsel (included in Exhibit 5)
24 Power of Attorney