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EnPro Industries Buys Technetics

January 6, 2010 (FinancialWire) — EnPro Industries (NYSE: NPO) said that it has acquired Technetics Corp., a 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.

In a statement, EnPro said that the Technetics is a “very valuable addition” to the company’s sealing products business. company CEO Steve Macadam said the acquisition, “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.”

Technetics’ Feltmetal and brush seals are approved by major aircraft engine manufacturers and have been specified for use on the Airbus A380 superjumbo passenger jet and the Boeing 787 Dreamliner.

The company is based in Deland, Florida and employs about 20 people.

Charlotte, North Carolina-based EnPro Industries offers sealing products, metal polymer and filament wound bearings, compressor systems and components, diesel and dual-fuel engines and other engineered products for use by industries worldwide.

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