| 30-Jul-10 2:00 PM CDT | ||
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Compressor Products International Acquires CC Technology |
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Media Contact:
David Miseldine
Compressor Products International
936-521-1858
david.miseldine@c-p-i.com
Compressor Products International Acquires CC Technology
Stafford, Texas – July 30, 2010: Compressor Products International (CPI) is pleased to announce the acquisition of CC Technology (CCT), an industry leader in the design, manufacture and installation of lubrication systems for reciprocating compressors based in Midland, TX, U.S.A.
Since 1994, CCT has provided lubrication services to its customers and assisted them in achieving improved reliability of the compressor lubrication system. The addition of CC Technology’s lubrication and divider block systems will expand and complement CPI’s existing product portfolio.
The influence of the lubrication system on CPI’s core products makes this a unique and synergistic combination. CPI has a long history of being a leader in material technology for critical sealing components; this, combined with CCT’s lubrication technology, will strengthen CPI’s position to further support compressor users.
CPI will operate the business as CPI Lubrication – CC Technology out of its existing headquarters in Midland, TX, and will integrate it as part of the CPI global organization.
“The acquisition of CCT reflects our commitment to growth and development of a full range of technical products and services, each influencing the other, to offer a total solutions package for our expanding customer base,” said Tony Gioffredi, president of CPI. “Our ongoing initiative to increase our capabilities, both technically and operationally, will give compressor operators a single source to meet the demands for operational improvements and maintenance requirements."
About Compressor Products International
Compressor Products International, an EnPro Industries company, is an industry leading manufacturer of precision engineered sealing components used in the compression industry. In addition to supplying packing, piston and rider ring product lines, CPI offers a complete line of compressor valves designed to provide each customer with maximum performance and reliability for their application. CPI headquarters is located in Stafford, Texas, with additional manufacturing, service and stocking facilities located throughout the world. For more information please contact David Miseldine, Vice President Worldwide Marketing or visit http://www.c-p-i.com.
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| For additional information on this release, please contact: | ||
| Jamie Mushinski | ||
| Phone: (936) 521-1964 | ||
| Email: | ||
| Source: www.c-p-i.com | ||
| Website: http://www.c-p-i.com/en/rel/34/ | ||
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