- Source: Enpro Industries
Enpro is a US-based industrial technology company that designs and manufactures products and materials for technology-intensive sectors. The company serves industries such as semiconductors, aerospace, power generation, heavy-duty trucking, agricultural machinery, chemical processing, pulp and paper, and life sciences from 61 primary manufacturing facilities located in 12 countries, worldwide. It is organized under three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials.
History
On May 31, 2002, Goodrich Corporation (which later became part of UTC Aerospace Systems, which in turn was then folded into the Collins Aerospace subsidiary of Raytheon Technologies) spun off its Engineered Industrial Products business segment into a new company, named Enpro Industries, Incorporated. The spinoff consisted of businesses that were originally owned by Coltec Industries, which had been purchased by Goodrich in 1998. The businesses included in the spinoff were: Garlock Sealing Technologies, GGB, STEMCO, Fairbanks Morse Engine (which was sold in Q4-2019) and Quincy Compressor (which was sold to Atlas Copco in 2010). Asbestos liability was limited by complicated tax manipulation, of which Joseph Andolino was one of the architects.
= Acquisitions
=Since the formation of Enpro, the company has acquired a number of companies that are focused on engineered industrial products:
= Lawsuits
=In June 2010, Garlock Sealing Technologies, a subsidiary of Enpro, filed for Chapter 11 bankruptcy, due to mounting liabilities from personal injury lawsuits related to asbestos-lined gaskets that it manufactured.
In March 2016, Enpro agreed to assume responsibility for all current and future asbestos claims related to Garlock Sealing Technologies and Garlock's parent company Coltec Industries, and set up a $480 million trust to resolve asbestos-related legal claims in the United States, as well as setting aside $17 million to cover asbestos claims in Canada.
In April 2017, Mississippi Attorney General Jim Hood filed a lawsuit against Enpro, Goodrich Corporation, and OldCo LLC, alleging that the companies polluted the environment and contaminated the ground water near a former Colt Industries (later Coltec Industries) carburetor manufacturing plant in Water Valley, Mississippi, by dumping and burying hazardous waste that contained trichloroethylene, a known carcinogen, on or near the plant site. The lawsuit was settled in 2020.
In June 2024, eight former employees of the same carburetor manufacturing plant in Water Valley, Mississippi, filed a federal negligence suit against Enpro, which currently owns the plant, alleging that their former employer exposed them to trichloroethylene, by releasing the carcinogenic chemical into the air, groundwater, and soil near the plant over five decades, leaving them with long-term symptoms including cancer and Parkinson’s disease.
Business units
EnPro Industries’ businesses are organized into the following operating units:
= CPI
=Compressor Products International (CPI) designs, manufactures and markets components for large reciprocating compressors used in chemical plants, refineries and natural gas processing and transportation facilities.
= Garlock
=The Garlock family of companies comprises three businesses: Garlock Sealing Technologies, GPT, and Garlock Hygienic Technologies, which includes Rubber Fab and The Aseptic Group. Garlock serves a diverse range of industries including pharmaceutical, food and beverage, pulp and paper, metals and mining, marine, water / waste water, chemical processing, oil and gas, and power generation markets.
= GGB
=GGB is the Tribological Solution Provider for Industrial Progress, regardless of Shape or Material, serving the industrial, automotive, aerospace, renewable energy, and dozens of other industries.
= STEMCO
=STEMCO manufactures and supplies components to the heavy-duty truck and trailer markets in North America.
= Technetics Group
=Technetics Group provides engineered components, seals, assemblies and sub-systems for applications in the semiconductor, aerospace, power generation, medical, oil and gas, and other industries.
References
Kata Kunci Pencarian:
- Daftar perusahaan yang tercatat di Bursa Efek New York (E)
- Enpro Industries
- Fairbanks-Morse
- Fairbanks Morse Defense
- Stemco
- Technetics Group
- FME
- List of companies of the United States by state
- Garlock
- In re Garlock Sealing Technologies, LLC
- GCA Corporation
