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Global Trade Alert

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United States of America: DOD provides funding to increase production of high-precision ball bearings

Description

On 20 June 2023, the U.S. Department of Defense (DoD) awarded The Timken Company (Timken) a USD 13.8 million contract to increase production of high-precision ball bearings at its facility in Keene, N...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Jun 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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