The 2020 Mid-Year Economic Update_long

EnPro Buys Compressor Products International

EnPro Industries Inc., Charlotte, NC, manufacturer of engineered industrial products, has acquired Compressor Products International, a privately-held company that designs, manufactures and services sealing components for reciprocating compressors.
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CPI, Hungerford, Berkshire, England, manufactures critical sealing components for reciprocating compressors and related equipment for both compressor manufacturers and for the oil, gas and petrochemical industries.
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It will be combined with EnPro's France Compressor Products business to create the world's largest manufacturer of reciprocating compressor sealing components.
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This acquisition is a very positive step for FCP and CPI, as well as for EnPro," said Ernie Schaub, EnPro president and chief ...

EnPro Industries Inc., Charlotte, NC, manufacturer of engineered industrial products, has acquired Compressor Products International, a privately-held company that designs, manufactures and services sealing components for reciprocating compressors.
&nbsp ;
CPI, Hungerford, Berkshire, England, manufactures critical sealing components for reciprocating compressors and related equipment for both compressor manufacturers and for the oil, gas and petrochemical industries.
&nbsp ;
It will be combined with EnPro’s France Compressor Products business to create the world’s largest manufacturer of reciprocating compressor sealing components.
&nbsp ;
This acquisition is a very positive step for FCP and CPI, as well as for EnPro,” said Ernie Schaub, EnPro president and chief executive officer. “& hellip; The addition of CPI also transforms our compressor products business into a significant part of EnPro’s core.”
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In addition to its Hungerford location, CPI has manufacturing facilities and sales offices in England, France, Australia, Brazil and the U.S. CPI employs 175 people worldwide and has a global network of distributors and agents.
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France Compressor Products, Stafford, TX, designs, manufactures and refurbishes reciprocating compressor sealing components. Additional France Compressor manufacturing or service and stocking facilities are in Canada, France, Germany, Holland, China, Australia and the U.S.
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EnPro Industries, Inc. is a manufacturer of sealing products, metal polymer and filament wound bearings, compressor systems, diesel and dual-fuel engines and other engineered products for use in critical applications by industries worldwide.

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