Welcome to our dedicated page for Enpro news (Ticker: NPO), a resource for investors and traders seeking the latest updates and insights on Enpro stock.
Enpro Inc. (symbol: NPO) is a diversified manufacturer dedicated to creating proprietary engineered products for critical applications. The company's core businesses include sealing technologies, metal polymer and filament wound bearings, and components and services for reciprocating compressors, diesel, and dual-fuel engines. Enpro Inc. is a global leader in these domains, providing solutions that cater to industries worldwide.
Headquartered in the United States, Enpro Inc. operates through three primary segments:
- Sealing Technologies: This segment manufactures and markets a variety of sealing products, including industrial gaskets and wheel-end components and systems.
- Bearings and Engineered Products: Known for their high-quality metal polymer and filament wound bearings, as well as components for reciprocating compressors and engines.
- Advanced Surface Technologies: This segment focuses on manufacturing wafer processing sub-systems, thin-film coatings, and optical filters, along with services such as cleaning, coating, testing, and refurbishment.
Enpro Inc. has a strong global presence, operating manufacturing facilities in North and South America, Europe, and Asia. The company employs over 5,000 people worldwide and serves more than 50,000 customers in over 100 countries.
Among the notable businesses in the Enpro family are:
- Garlock: Known worldwide for its industrial gaskets and sealing systems.
- GGB: The world's largest manufacturer of self-lubricated, marginally lubricated, and fully lubricated plain bearings.
- Stemco: A leading name in wheel-end components and a growing manufacturer of brake products for the medium- and heavy-duty truck and trailer markets.
- Techneti: Specializes in advanced surface technologies that enhance the performance and longevity of mechanical systems.
Enpro Inc. is committed to innovation and excellence, continuously advancing its product offerings to meet the evolving needs of its diverse customer base. The company's financial condition remains robust, bolstered by strategic partnerships and ongoing projects aimed at driving growth and sustainability.
Stay updated with the latest news and developments about Enpro Inc. to understand how the company is shaping the future of engineered industrial products.
EnPro Industries (NYSE: NPO) will present at Sidoti’s Spring 2021 Virtual Conference on March 24, scheduled for 1:00 p.m. Eastern Time. The presentation will feature Marvin Riley, president and CEO, alongside Milt Childress, executive vice president and CFO. It will be available via webcast on the company's official website.
About EnPro Industries: EnPro is a leading industrial technology company, specializing in materials science to drive advancements in semiconductor, life sciences, and other technology-driven sectors.
EnPro Industries, Inc. (NYSE: NPO) reported its Q4 and full-year 2020 financial results, highlighting a 3.7% decrease in net sales to $276 million in Q4 and a 10.9% annual decline to $1.074 billion. The company recorded a loss from continuing operations of $8.9 million for Q4 and $23.7 million for the year. Adjusted EBITDA rose 11.1% to $48.1 million in Q4, aided by cost reductions and acquisitions, while adjusted diluted EPS was $1.24, up 27.8%. The company announced 2021 guidance, projecting sales of $1.04 billion to $1.08 billion and adjusted EBITDA of $178 million to $188 million.
EnPro Industries, Inc. (NYSE: NPO) will participate in the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 2 at 12:30 p.m. ET. The presentation will be delivered by Milt Childress, the executive vice president and CFO. This event will be available for live streaming on the company’s website, www.enproindustries.com. EnPro is recognized for its innovation in materials science, particularly in semiconductor and life sciences sectors.
EnPro Industries (NYSE: NPO) will participate in Gabelli’s 31st Annual Pump, Valve, & Water Systems Symposium on February 25 at 10:30 a.m. ET. The presentation will be led by Marvin Riley, CEO, and Milt Childress, CFO, and will be available via webcast on the company's website. EnPro specializes in industrial technology, employing materials science across various sectors, including semiconductor and life sciences.
EnPro Industries, Inc. (NYSE: NPO) has announced a quarterly dividend of $0.27 per share, representing a 4% increase from the prior dividend of $0.26. This dividend will be paid on March 17, 2021 to shareholders on record as of March 3, 2021. Marvin Riley, President and CEO, noted that this increase reflects the company's commitment to returning capital to shareholders, balancing excess capital with internal growth investments.
EnPro Industries (NYSE: NPO) will disclose its financial results for Q4 and the full year ending December 31, 2020, on February 23, 2021, before the NYSE opens. A conference call led by CEO Marvin Riley and CFO Milt Childress will follow at 8:30 a.m. ET. Participants can access the call by calling 1-877-407-0832, using access code 13714132. Financial results and a webcast of the call will be available on EnPro's website.
EnPro specializes in industrial technology, focusing on sectors like semiconductor and life sciences.
EnPro Industries, Inc. (NYSE: NPO) has announced a strategic realignment of its reporting segments to enhance transparency and collaboration as part of its portfolio reshaping strategy. The company now has three reportable segments: Sealing Technologies, focusing on innovative sealing solutions; Advanced Surface Technologies, providing precision services for semiconductor equipment; and Engineered Materials, specializing in high-performance polymer applications. This restructuring aims to support profitable growth and improve performance measurement. Financial reports will reflect these changes starting Q4 2020.
EnPro Industries (NYSE: NPO) has successfully sold its GGB bushing block business in Dieuze, France, to Melma Group. This sale aligns with EnPro's strategic exit plan announced in June 2020, aiming to streamline its portfolio and focus on materials science-driven sectors. CEO Marvin Riley emphasized that the sale is beneficial for all stakeholders, preserving jobs and minimizing customer disruptions. EnPro remains committed to enhancing its portfolio with high-margin, recurring revenue businesses to maximize long-term shareholder returns.
EnPro Industries (NYSE: NPO) will present at the 2020 Bank of America Securities Leveraged Finance Virtual Conference on November 30 at 12:45 p.m. ET. The presentation will be led by Milt Childress, Executive Vice President and CFO. Interested parties can access the webcast on EnPro’s website at www.enproindustries.com. EnPro is a technology company specializing in materials science, focusing on sectors like semiconductors and life sciences.
Turnspire Capital Partners has successfully acquired the Goodyear® air springs business from EnPro Industries (NYSE: NPO). This marks the inaugural acquisition for Infinity Engineered Products, newly established by Turnspire. The Goodyear® Air Springs, based in Fairlawn, Ohio, specializes in premium air springs for commercial vehicles and retains its brand under a global license from Goodyear. The transaction involves all assets, including manufacturing facilities and intellectual property. With a focus on enhancing R&D and product development, Turnspire aims to leverage Goodyear's legacy to explore growth opportunities.
FAQ
What is the current stock price of Enpro (NPO)?
What is the market cap of Enpro (NPO)?
What does Enpro Inc. do?
What are the main segments of Enpro Inc.?
Where does Enpro Inc. operate?
How many employees does Enpro Inc. have?
What companies are part of the Enpro family?
What products does the Sealing Technologies segment offer?
What does the Advanced Surface Technologies segment specialize in?
Who are the main customers of Enpro Inc.?
What makes Enpro Inc. a leader in its industry?
How can I stay updated on Enpro Inc. news?
