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Garlock Sealing Technologies Reports First Quarter 2011 Results

Thursday, May 12, 2011  
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The deconsolidated operations of Garlock Sealing Technologies and its subsidiaries reported an 18% increase in third-party sales compared to the first quarter of 2010, when they were included in EnPro's consolidated results. The increase in sales reflects higher demand principally from the steel industry and a strong maintenance and turnaround season in the U.S. petrochemical industry. The profitability of these operations improved as volumes increased and the operations benefited from initiatives which have helped them to improve pricing. More…

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