Enpro Continues Portfolio Reshaping; Divests Polymer Components Business

September 3, 2021


Enpro Continues Portfolio Reshaping; Divests Polymer Components Business


CHARLOTTE, NC, [September 2, 2021] – EnPro Industries, Inc. (NYSE: NPO), an industrial technology company, today announced the sale of its polymer components business to Edgewater Capital Partners, a private investment firm focused on performance materials, based in Cleveland, Ohio.  Financial terms were not disclosed.

The polymer components business is headquartered in Houston, Texas, with two production facilities in Texas and a smaller site in Pennsylvania.  Under Edgewater ownership, the organization will be renamed Altamira Material Solutions.
https://www.altamira-ms.com/

“We are very appreciative of our colleagues’ dedication to producing high-quality products and providing reliable service that our customers have come to expect,” said Eric Vaillancourt, Interim President & CEO of Enpro.  “We wish for their continued success as they move forward as Altamira with Edgewater’s support.”

“We continue to execute on our multi-faceted strategy to transform Enpro into a leading industrial technology company,” continued Vaillancourt.

The polymer components business unit was part of Enpro’s Sealing Technologies segment.  Revenue in the first half of 2021 was approximately $20 million.

About Enpro

Enpro is an industrial technology company focused on niche applications across many end markets including semiconductor, general industrial, life sciences, and other technology-enabled sectors. For more information about Enpro, visit the company’s website at http://www.enproindustries.com.

Technetics Workers PPE

A Message from Technetics Group Regarding the Coronavirus

December 21, 2020


A Message from Technetics Group Regarding the Coronavirus


Technetics Group has been monitoring the Coronavirus (COVID-19) risks closely and would like to reassure our customers we are doing everything in our control to increase awareness and safety measures by following guidance from the Centers for Disease Control and Prevention, World Health Organization and our national and local officials. At Technetics Group, and our parent company, EnPro Industries, Safety is our topmost value with excellence and respect. Out of respect for you, our customer and partner, we want to share what we are doing to keep our employees, and your supply-chain, safe; and continue the customer service excellence you have come to expect.

As most of our office personnel are working remotely, we have taken measures to make sure the information they need to service your account is accessible through highly secured systems and infrastructure.

We ask our staff to practice healthy hygiene and take extra precautions to keep our common areas clean by implementing even more rigorous deep sanitation policies than usual. Essential employees are encouraged to come to work only if they are in perfect health. All non-authorized visitors to Technetics Group facilities will be restricted until further notice.

Our objective is to continue to service your account with the quality and dependability you’ve come to expect from Technetics Group. We are working closely with our key suppliers to ensure the stability of the Technetics Group supply chain and our continuity of service.

If you have any questions or concerns about the Technetics Group Coronavirus (COVID-19) plan, please feel free to contact your representative.

Template Resource

Click here to add your own text