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|EnPro Industries Expects Judge’s Opinion on GST’s Asbestos Liability to be Issued January 10; Sets January 13 Conference Call to Discuss|
CHARLOTTE, N.C., Jan 09, 2014 (BUSINESS WIRE) --EnPro Industries, Inc. (NYSE: NPO) has been informed by Judge George Hodges of the United States Bankruptcy Court for the Western District of North Carolina that he plans to issue his opinion estimating the value of current and future mesothelioma claims against Garlock Sealing Technologies, LLC (GST) on Friday, January 10, 2014 after 4:00 p.m. Eastern Time. The opinion follows the completion of an estimation trial before Judge Hodges in July and August of last year.
EnPro will host a conference call on Monday, January 13, at 9:00 a.m. Eastern Time to review the opinion with investors and discuss next steps in the process. Investors may join the call by dialing (800) 851-4704 and the access code 30633099. The call will also be webcast on the company’s website, www.enproindustries.com. Participating on the call will be Steve Macadam, president and chief executive officer of EnPro, and Rick Magee, the company’s retired senior vice president and general counsel now serving as a consultant working with the company and its outside advisors on GST’s asbestos claims resolution process.
About EnPro Industries
EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament wound bearings, components and service for reciprocating compressors, 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 http://www.enproindustries.com.
SOURCE: EnPro Industries, Inc.
EnPro Industries, Inc.