Posted August 1, 2011
Garlock Sealing buys pump diaphragm maker
EnPro Industries Inc. subsidiary Garlock Sealing Technologies LLC has completed the acquisition of the ONE-UP Pump Diaphragm business from W. L. Gore & Associates Inc.
The acquisition significantly expands the products GST offers to the industrial pump market.
Manufacturing of the product line will be relocated from Gore's facility in Elkton, Md,. to GST's facility in Palmyra, N.Y., and GST will continue to exclusively utilize Gore's high-performance PTFE material to manufacture the ONE-UP family of products.
"The acquisition of this product line is a very exciting opportunity for GST. It underscores that the business remains healthy and viable as GST seeks a final and definitive resolution of asbestos claims against it," said Steve Macadam, president and chief executive officer of EnPro. "GST has acquired a product with an excellent reputation that we are confident will enhance GST's position in its markets."
Terms of the transaction were not disclosed.
