While the following tweeting explains, there's even more detail that justifies what happened with Timkin:


TPAC Bearings ‏@TPACbearings 17 Jul 2015
TPAC issued the Timken Press Release without prior Timken approval. Subsequent to issuance of PR the purchase order was canceled by Timken.
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Seaheck ‏@ChrisHecker 18 Jul 2015
@TPACbearings If you didn't check w/Timken, who was the "3rd party" you said you had to check with before releasing the PR?
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TPAC Bearings
‏@TPACbearings
@ChrisHecker The third party was Timken. Suffice to say it was a gross error on my part to not wait for a reply and not follow protocol


Direct Source: https://twitter.com/TPACbearings/status/622380284491595777

(July 17/18, 2015 conversation)