04192019Fri
Last updateFri, 19 Apr 2019 3pm

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Garlock Sealing Technologies Announces First Quarter 2009 Results

Sales in the Sealing Products segment of EnPro Industries decreased by 21% compared to the first quarter of 2008. About 5 percentage points of the decline came from the effect of changes in foreign exchange rates. Although sales to certain segments of the power generation and upstream oil and gas markets served by VMA associate member Garlock Sealing Technologies improved slightly, demand from the segment's other industrial markets and its heavy-duty truck markets declined due to soft conditions and customers who are supplying their needs from existing inventories.

Source: EnPro

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Emerson Technologist to Receive Honor from the AICHE

The American Institute of Chemical Engineers (AIChE) recognized Dr. Douglas White, a principal consultant for Emerson Process Management’s PlantWeb Solutions Group, at their annual Spring meeting in Tampa, FL. Dr. White will receive the AIChE Fuels and Petrochemicals Division award, one of two FPD annual awards, for his outstanding technological contributions to the advancement of these industries.

Source: Emerson

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Curtiss-Wright Flow Control Sales Up 5%

Curtiss-Wright Flow Control sales for the first quarter of 2009 were $230 million, an increase of 5% over the comparable prior year period. The sales improvement was due to solid organic growth of 3% and the contribution of our 2009 acquisitions, which provided $3 million in incremental sales in the first quarter of 2009.

Source: Curtiss-Wright

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Flowserve Reports Record First Quarter EPS of $1.64, Up 8%

Flowserve Corp. announced record first quarter results in earnings per share (EPS), sales and operating income in its Form 10-Q report for the first quarter of 2009 filed with the Securities and Exchange Commission. The company announced that first quarter fully diluted EPS and operating income growth were up 8% and 23%, respectively, over the first quarter of 2008.

Source: Flowserve

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Tyco Flow Control Revenue Nearly $1 Billion in First Quarter

Tyco Flow Control revenue of $927 million declined 9% due to changes in foreign currency rates with organic revenue growth of 5%. The Valves business grew 14% organically, which was partially offset by a 9% organic revenue decline in the Water business and a 1% organic revenue decline in the Thermal Controls business.

Source: Tyco

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