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02/09/2009

STEMCO Acquires V.W. Kaiser Engineering

(STEMCO, an EnPro Industries company announced today that it has acquired V.W. Kaiser Engineering in Millington, Michigan. Kaiser is a privately-held company with thirty years experience testing and manufacturing quality long life pins and bushings for king pin and suspension applications. Kaiser is known for king pin and suspension kits that outperform, outlast and are simpler to install than traditional components.

The transaction represents combined synergies between the two companies in their commercial vehicle market focus, superior product technology and outstanding reputations for training and customer support. “The acquisition of Kaiser Engineering provides an opportunity to broaden the STEMCO product offering as well as an opportunity to expand the Kaiser product offering outside of the United States,” said Jon Cox, STEMCO president. “We´re delighted to welcome the employees of Kaiser Engineering to the STEMCO family and look forward to an exciting period of growth in our combined markets.”

Kaiser headquarters and manufacturing facility in Millington, MI will remain in place. Todd Anderson of STEMCO is being appointed the Vice President/General Manager of the STEMCO-Kaiser facility.

About Stemco
With offices and manufacturing facilities in Longview, Texas, Stemco continues to be a leader in the technology and manufacture of heavy-duty truck and trailer wheel-end products. Stemco is an operation of EnPro Industries, Inc. (NYSE: NPO), a leader in the manufacture of sealing technologies and engineered products for use in critical applications by industries worldwide.

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