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EnPro Industries Inc. (NPO) Engineers for a Variety of Firms

Source: http://Blog.QualityStocks.net/?p=10613
Posted on Friday, June 13th, 2008 | In Current Market News, OTCBB Markets, Small & Micro Cap, Stocks to Watch
Contributed by: QualityStocks (http://QualityStocks.net) -

EnPro Industries Inc. engineers industrial products such as compressor systems and metal polymer and filament wound bearings. They also provide diesel and duel-fuel engines, as well as sealing products to their customers in the processing, general manufacturing, and other industries. Headquartered in Charlotte, North Carolina, EnPro has 33 production facilities spread out over North and South America, Europe, and Asia.

As part of the Industrial Equipment and Components industry, EnPro trades on the NYSE. Their current market capitalization is $767.95M. In May, they acquired Air Perfection Inc. of Dixon, California. Air Perfection audits, sells, and services compressed air systems. EnPro’s own air compressor division, Quincy Compressor, will take in Air Perfection as one of their units.

EnPro operates Garlock Sealing Technologies, a manufacturer of industrial gaskets and sealing systems. They also operate GGB, the world’s largest producer of self-lubricated, marginally lubricated, and fully lubricated plain bearings. Another division of EnPro is Stemco. This company makes wheel-end component parts and long-life systems for the medium and heavy-duty truck and trailer markets. They also operate Fairbanks Morse Engines.

EnPro Industries customers are chemical and petrochemical processors, petroleum refiners, and pulp and paper manufacturers. They also sell to food processors, pharmaceutical manufacturers, the U.S. Defense Department, and shipbuilders. They further sell their engineered products to commercial and municipal power generation companies.

The company has 4,700 employees across all their different facilities. They serve approximately 50,000 customers in over 100 countries. With their wide variety of products and wide customer base, EnPro hopes to continue to engineer products and profits for their customers and shareholders alike for a long time to come.

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