Sales in the Sealing Products segment of EnPro Industries decreased by 21% compared to the first quarter of 2008. About 5 percentage points of the decline came from the effect of changes in foreign exchange rates. Although sales to certain segments of the power generation and upstream oil and gas markets served by VMA associate member Garlock Sealing Technologies improved slightly, demand from the segment's other industrial markets and its heavy-duty truck markets declined due to soft conditions and customers who are supplying their needs from existing inventories.

Source: EnPro

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