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EnPro reports improving sales, profits

Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
77 KB
Volume
2004
Category
Article
ISSN
1350-4789

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โœฆ Synopsis

US-based EnPro Industries Inc

has reported an 11% increase in profits, despite higher spending on operating initiatives and the increased cost of raw materials. Sales improved by 9% during the second quarter of 2004.

Profits in the Sealing Products business, which includes Garlock and Stemco, were 14% higher than in 2003, while sales improved by 11%. In particular, Stemco benefited from a strong heavy-duty truck market, resulting in higher demand for both OEM and aftermarket products. Higher steel output bene-

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๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 166 KB

## Garlock (Great Britain) Ltd has announced two new appointments to support its continuing development of the markets in Europe, Middle East, India and Africa (EMIA). Stuart Phythian, until recently the company's UK sales & marketing manager, is relocating to Dubai as director of Middle East oper