EnPro Industries' GGB Unit Begins Construction on New Plant in Slovakia.Business Editors HEILBRONN, Germany--(BUSINESS WIRE)--March 31, 2004 GGB GGB Gotta Go Bye GGB Generic Genome Browser GGB Golden Gate Bridge GGB Grupo Gay da Bahia (gay, lesbian & sexual minority organization in Brazil) GGB Glacier Garlock Bearings GGB General Government Balance GGB Gauteng Gambling Board , formerly Glacier Garlock Bearings, an EnPro Industries, Inc. (NYSE NYSE See: New York Stock Exchange : NPO NPO [L.] nil per os (nothing by mouth). NPO abbr. Latin nil per os (nothing by mouth) NPO Nothing by mouth ) company, broke ground today for a 10,000 square meter Noun 1. square meter - a centare is 1/100th of an are centare, square metre area unit, square measure - a system of units used to measure areas production facility on a 58,000 square meter site in north central Slovakia near the town of Martin. The new plant will consolidate low-volume production from facilities in Kilmarnock, Scotland, where GGB formerly shared production space with Dana Corporation, and Dolny Kubin, Slovakia, which will be closed upon completion of the new facility. The facility is scheduled to start production by the end of the year, and will employ approximately 200 people. GGB also operates plants in Heilbronn, Germany; Annecy and Dieuze, France; Barueri, Brazil; and Thorofare, N.J., U.S.A. "In addition to supplying existing customers in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). , our new facility gives us a strong presence in the emerging markets of Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. and the former Soviet Union," said Bernd Fischer, president of GGB. "It is strategically located near a major highway, a large town with a skilled labor pool and our former Dolny Kubin plant, whose employees will have the opportunity to work at the new plant." Initially the plant will produce GGB's metal-polymer plain bearings. "This investment in Slovakia restructures our European manufacturing base and provides access to developing Eastern European markets," said Ernie Schaub, president and chief executive officer of EnPro Industries, Inc. "It is an important step in expanding the base of our operations to make EnPro more competitive as a global supplier of engineered industrial products." GGB is the global leader in high-duty, polymer-based bearings, which include its well-known DU and DX steel-backed polymer products. It has manufacturing plants in the U.S., France, Germany, Slovakia and Brazil. The company serves more than 50,000 customers worldwide. EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament filament, in astronomy: see chromosphere. wound bearings, compressor systems, diesel and dual-fuel engines and other engineered products for use in critical applications by industries worldwide. For more information about EnPro, visit the company's website at www.enproindustries.com. |
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