Griffith acknowledged that China's sales to a projected sales this year about 40 billion company is relatively small, but he was confident of China's wind industry. He said that Asia accounted for the proportion of total global sales up 12%, with the largest share from China.
The Chinese government is promoting clean energy to replace coal, hope to achieve by 2020 wind power capacity reached 100 GW, more than eight times in 2008. Chinese companies dominate the market, fierce competition between them pushed down the price of wind turbines.
Timken manufactures precision bearings allow smooth operation of heavy equipment, such as high-speed rotation of the aircraft landing gear. Can always replace the bearing system is designed to reduce the pressure, otherwise the machine will be destroyed. Extremely high-end specifications of the bearing system price can exceed $ 100,000.
Dependent on other industries Timken's revenue has experienced large fluctuations, the economic crisis in 2009 from the previous year's $ 5.05 billion fell to 31.4 billion U.S. dollars. With the slow economic recovery, sales are resumed, the first nine months of 2010 sales reached 30 billion U.S. dollars. Company expects full-year sales will rise 25% to 30%.
Timken benefited from the Chinese government's stimulus policies and invest heavily in infrastructure. Timken in the latest annual report said that China is in 2009 a few growth markets. Griffith said that the Chinese market has been open to us.
However, China's counterfeit bearings market is growing rapidly.
World Bearing Association (WorldBearingAssociation) said in a report in August 2009, assisted in the implementation of the association of three anti-counterfeiting activities in two provinces in China found more than 100 million counterfeit and industrial Air Turbine Bearings. The association provided by the Timken part of the funds, is now led by the Griffith.
 Griffith said, as China attempts to shift the economy from heavy investment in consumption-based growth, Timken may see the sources of income will change. He did not provide specific details, but said as long as the economy continues to grow, Timken will benefit.
 He said that China heavy equipment (such as mining trucks) manufacturers began the trend of export products, Timken is the trend of this horizon to respond. He said that Timken has recently opened an office in Jakarta, Indonesia in part because people are buying Chinese equipment, which will eventually need to replace the Dental Bearing.
 Griffith said, I think this is an early phenomenon, just feel it. However, recently went to South Africa, he saw the Chinese mining trucks, and that this is "eventually happen" signs.
Griffith said Timken in the past five years has invested hundreds of millions of dollars to invest in China. Xiangtan City, Hunan Province, which includes a joint venture to enhance its production of large wind turbine bearing capacity.
Griffith declined to comment on the U.S. mid-term elections this week will the U.S. bearing industry what the impact of development policies, and the United States against China to the WTO trade policy of the new energy market efforts. He said, I long ago gave up the policy of the U.S. wind energy forecast.