Enpro Inc. (NYSE:NPO)

WEB NEWS

Thursday, May 6, 2010

Comments & Business Outlook

"While all of our businesses reported higher levels of activity, we are particularly encouraged to see improvements in the heavy-duty truck markets served by Stemco and the automotive and industrial markets served by GGB," Macadam said. "Because conditions in these markets have been weak for some time, their improvement confirms our expectations for a healthier business environment in 2010."

"The year is off to a solid start," Macadam said. "Demand has increased and our markets are showing signs that their recovery will extend into the second half. While seasonal factors are likely to affect the pace of improvement later in the year, we should continue to see favorable year-over-year comparisons in the performance of our operations throughout 2010. Our financial condition remains strong, and with the proceeds of the Quincy sale, we have substantial capacity to pursue acquisitions and capture other opportunities to improve our company."



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