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TOOT RECEIVES AISI HIGHEST HONOR

 NEW YORK, May 20 /PRNewswire/ -- Joseph F. Toot Jr., president and chief executive officer of The Timken Company (NYSE: TKR) and chairman of the American Iron and Steel Institute (AISI), Wednesday night received AISI's highest honor, the Gary Memorial Medal.
 The medal was established 64 years ago to perpetuate the contributions of one of the steel industry's most distinguished leaders, Judge Elbert H. Gary, who was a founder of AISI. The medal is bestowed in recognition of an especially distinguished career and extraordinary service to the steel industry.
 "The medal is being awarded to a man warmly admired throughout our industry for his personal qualities and executive abilities," said M. Thomas Moore, chairman and chief executive officer of Cleveland-Cliffs Inc. (NYSE: CLF) and chairman of the Gary Award selection committee. "Joe Toot possesses and has demonstrated the most important quality required of the leader of a major industry group -- the ability to get things done by encouraging and motivating people. Through his achievements both at The Timken Company and AISI, Joe has been a leader in modernizing and increasing the worldwide competiveness of the North American steel industry."
 In particular, Toot was recognized for urging small steel producers and suppliers to take on bigger roles at AISI; for encouraging collaborative projects that have kept AISI and its member companies on the leading edge of steelmaking research and development; and for expanding market development, customer relations and image strengthening programs.
 Toot joins as recipients of the Gary Medal such distinguished industry leaders as David Roderick of U.S. Steel (NYSE: X), Walter Williams of Bethlehem Steel (NYSE: BS) and Frank Luerssen of Inland Steel Industries (NYSE: IAD).
 Toot today completes a two-year term as AISI chairman and will continue to serve as vice chairman.
 Toot joined The Timken Company in 1962 and served in a variety of increasingly responsible positions both in the United States and Europe. He was elected president of the company in 1979 and CEO in 1992. He earned a bachelor's degree from Princeton and a master of business administration degree from Harvard.
 -0- 5/20/93
 /CONTACT: Jim Hughes of AISI, 202-452-7122; or Timothy Kraft of The Timken Company, 216-471-3485/
 (TKR CLF X BS IAD)


CO: The Timken Company; American Iron and Steel Institute ST: Ohio, New York IN: MNG SU: PER

KC-CD -- PG009 -- 0765 05/20/93 12:11 EDT
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Publication:PR Newswire
Date:May 20, 1993
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