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Technetics Joins Garlock Sealing Technologies

Tuesday, January 12, 2010  
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EnPro Industries announced that it has acquired Technetics Corporation, a leading manufacturer of abradable seals, brush seals and acoustic products for turbines used in aerospace and power generation applications. The transaction was completed for cash; terms were not disclosed.

"Technetics is a very valuable addition to our sealing products business," said Steve Macadam, president and chief executive officer of EnPro. "It brings us a unique line of metal sealing products that will accelerate our expansion in aerospace markets and broaden the line of products we offer for land-based turbines. These attractive markets and a high proportion of sales to the aftermarket make Technetics a strong strategic fit with Garlock Sealing Technologies. We welcome Technetics to EnPro and look forward to capturing new opportunities for the growth of this business." More…

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