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Slide #22. EnPro Industries — Remaining Interest in Stemco Joint Venture, Asian Industrial Seal Manufacturer
EnPro Industries (NYSE:NPO)
Remaining Interest in Stemco Joint Venture, Asian Industrial Seal Manufacturer
EnPro Industries, Inc. (NYSE:NPO) announced today the closing of transactions that provide for product line and geographic expansion in the company's Sealing Products segment.
EnPro Industries is engaged in the design, development, manufacture and marketing of proprietary engineered industrial products that primarily include: sealing products; heavy-duty truck wheel-end component systems; self-lubricating, non-rolling bearing products; and engineered components and lubrication systems for reciprocating compressors. Co. manages its business as the following segments: Sealing Products segment, which includes the following operating divisions, Garlock, Technetics and Stemco; and Engineered Products segment, which includes the following industrial products businesses, GGB and Compressor Products International.
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Strong Buy (4.00 out of 4)