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FILE NAME: Garlock (GAR) DATE: 2004 DOC#: GAR048 DOCUMENT DESCRIPTION: Research Notes to BC from Baron & Budd with Documents on Garlock BARON & BUDD RESEARCH MEMORANDUM TO: FROM: RE: DATE CC Dr. Barry Castleman Ken Leiter Garlock's Mexico Plant August 9, 2004 Kim Peters and Pat Abels QUESTION: Does Garlock,( n/k/a Garlock Sealing Technologies), a subsidiary o f Enpro Industries, Inc (7), have a manufacturing plant in Mexico and if so, is Garlock importing gaskets into the United States? ANSWER: Yes, Garlock Sealing Technologies has a manufacturing plant in Mexico. Garlock Sealing Technologies has owned its Mexico plant since March 31, 1959, the founding date o f Garlock de Mexico, S. A (1). Annual reports o f Coltec and Enpro, parent companies o f Garlock, list Garlock's Mexico plant as one o f their foreign properties/ operations (2, 3, 4) .As to whether Garlock Sealing Technologies is importing gaskets into the United States, we have only indirect evidence. A Dun & Bradstreet report on Garlock de Mexico, S. A. de C. V., and an announcement made by Garlock Sealing Technologies in May o f 1997, suggest that Garlock Sealing Technologies is importing gaskets made in Mexico into the U. S. SUMMARY: According to Dun & Bradstreet, Garlock de Mexico, S. A. de C. V. was founded on March 31, 1959. At the time o f its founding, Garlock de Mexico, S. A., was a subsidiary o f Garlock, Inc. (1). On May 14, 1984, Garlock de Mexico, S. A. changed its name to Garlock de Mexico, S. A. de C. V. (1). Garlock de Mexico, S.A. de C. V , " manufactures gaskets and hermetic sealing devices," hence, it is engaged in manufacturing, not just selling gaskets. As to whether Garlock Sealing Technologies is importing gaskets from its Mexico plant into the United States, the data is mixed. For example, a Dun & Bradstreet report gives us a mixed picture. On the one hand it states that 80% o f Garlock de Mexico, S, A, De C. V 's sales are to the Government o f Mexico and the rest to "private enterprises" such as Petrleos Mexicanos, Carrier, S. A. And Luis Moulas, S. A. The same Dun & Bradstreet report describes Garlock de Mexico, S.A. D e C. V .'s territory as "Sells mainly in Mexico (90%), United States, Central America (10%) (1). An suggestion that Garlock is importing gaskets from its Mexico plant is found in an announcement Garlock Sealing Technologies made concerning metallic gaskets. In May o f 1997 Garlock Metallic Gaskets, an operating unit o f Garlock Sealing Technologies, Inc. announced that it had made the decision to "redeploy manufacturing Rank 1 of 1 ^ Page 1, Database DUNBR As current as D&B R ********************************************************************************* THE FOLLOWING INFORMATION IS BEING PROVIDED TO YOU IN THE INTEREST OF SPEED. DUN & BRADSTREET HAS NOT FULLY REVISED THIS REPORT SINCE THE DATES SHOWN IN THE REPORT. THEREFORE, THIS REPORT SHOULD NOT BE CONSIDERED A STATEMENT OF EXISTING FACTS. DUN & BRADSTREET WILL BE UPDATING THE REPORT AT NO EXTRA COST TO YOU AND IT WILL BE MAILED TO YOU SHORTLY. ******************************************************************************* D-U-N-S: #81-000-2337 k * k * Garlock de Mexico, S.A. de C.V. * ************************************************************************ Subsidiary of: Garlock, Inc., New York United States. Poniente 116 - 571 Col. Fracc. Industrial Vallejo C.P. 02300 Mexico, Distrito Federal Mexico Tel (s) : (5) 5677011 Fax: (5) 5871209 Telex: 01776614 ******************* *** **** ** * * * * * * * * * ****** *** g U M M A R Y *************** ************ * Je ********************* * * LOB : Manufacture gaskets and hermetic sealing devices. * * SIC : 3053 * * RATING : * * ESTABLISHED : 1959 * * R.F.C. : GME-840301-5P6 * FIN.COND : Undetermined * * RECORD : Incomplete EMPLOYEES : 180.00 * * IMPORTS/EXPORTS * * PAYMENTS : See Comments * * CAP. STOCK : N$210, 000.00 * ************************************************************'************ MANAGEMENT : Copr. West 2000 No Claim to Orig. U.S. Govt. Works 20/Aug/1998 Page 2 General Director Mr. Felipe Moes Vice President Mr. Armando Becerra Araiza Director Industrial Relations Bachelor Andres Martinez Garcia Manager Accounting P.A. Eduardo Chavez Hernandez General Accountant Bachelor Gerardo Hernandez Zepeda PAYMENTS : 2 0 / A u g / 1998 Since supplier names were declined, it was not possible to obtain credit experiences. BANKS : 2 0 / A u g / 1998 Garlock de Mexico, S.A. de C.V. currently has accounts with 2 banks in locally, including the following. Bank Name City State Country Account # Branch Phone # BANCO NAL. DE MEXICO, Mexico Distrito Federal Mexico S.A. (218) (5) 2258907 BANCOMER, S.A. Mexico Distrito Federal Mexico 0171065-6 Vallejo (5)2266011 SUITS: Copr. West 2000 No Claim to Orig. U.S. Govt. Works OPERATIONS: Aug/20/1998 Page 4 LOB: Manufacture gaskets and hermetic sealing devices. Manufactures: Gaskets; packing and sealing devices. SICs: 30530000 (100%). Operates at *70% of capacity. Works 8 hours in 1 daily shift (s) . MARKET In this country the subject is considered a medium concern in this field. Competition in this market is strong. Manufactures under 1 trade mark(s). Trade Mark(s) include: 'GARLOCK' . PURCHASES Purchases from 550 suppliers. 30% of purchases from national suppliers; payment terms from 15 to 40 days. 70% of purchases from foreign suppliers; payment terms from 30 to 60 days. Imports from United States(100%). SALES Sells through the use of own personnel. Has 2000 client(s). Sells to the government (80%) and private enterprises (30%) . Sells mainly to PETROLEOS MEXICANOS, Mexico, Distrito Federal, Mexico. CARRIER, S.A. DE C.V., Monterrey, Nuevo Leon, Mexico. LUIS MOULAS, S.A. DE C.V., Mexico, Distrito Federal, Mexico. Selling terms credit: 30 days (80%). cash (20%). T E R R IT O R Y Sells mainly in Mexican Republic (90%), United States, Central America (10%) . EQUIPMENT/VEHICLES The subject owns the vehicles used by the business. Vehicles including: 10 vehicles of various models. Operates with owned modern equipment, including office equipment, rolling equipment, computer equipment, mixers, stranders, cutters, printers, etc. SALES SEASON Sales are steady throughout the year. EMPLOYEES Total 180.00. worker(s). Employees include: 60 office worker(s), 120 blue collar LOCATION: Aug/20/1998 At this address the subject maintains the administrative offices, a plant Copr. West 2000 No Claim to Orig. U.S. Govt. Works Coltec Industries PLAINTIFF'S EXHIBIT Coltec Industries is building for the future by investing in new programs and products, -improving its productivity, pursuing interna tional markets,/and. developing an mcreasmc 1work force. l -rf vite BARON & BUDD A PRO FESSION AL. CO RPO R ATIO N ATTORN EYS AND CO U N SELO R S THE CENTRUM 31 0 2 OAK LAWN AVEN U E S U IT E I lO O D A L L A S T E X A S 7 5 2 19 -4 2 8 1 TO Gflkf/oQlC INTERNATIONAL FACILITIES OF DOMESTIC OPERATIONS Coltec Aerospace Canada Ltd Menasco Aerospace 1400 South Service Road West Oakville, Ontario, Canada L6L 5 V7 903/827-7777 Coltec Aerospace Canada Ltd Menasco Aviation Services 540 North Service Road Burlington. Ontario, Canada L7L5H7 905/310-3006 Coltec Aerospace Canada Ltd Walbar Canada 1865 Shariyn Road Mississauga, Ontario, Canada I4X1R2 905/602-1810 Delavan Ltd Gorsey Lane Widnes Cheshire WA8 ORJ England 44-151-424-6821 Carlock of Canada Ltd France Compressor Products P.O. B ox 636 i24 Shaver Street Brantford, Ontario Canada N3T5 P9 519/753-8671 Garlock of Canada Ltd Mechanical Packing 2860 Plymouth Drive Oakville, Ontario Canada L6H5S8 905/829-3200 Carlock of Canada Ltd Mechanical Packing 4100 Rue Carlock Sherbrooke. Quebec Canada JlL 1W5 819/ 563-8080 Garlock of Canada Ltd Stemco Truck Products 400 Trader's Boulevard Cast Mississauga. Ontario Canada I4Z1W 7 905/890-1900 Garlock GmbH France Compressor Products Hans Boecklerstrasse 32 6080 Gross Gerau 64502 Neuss Germany 49-6152-93160 Garlock GmbH Mechanical Packing Postfach 21 04 64 41430 Neuss Germany 49-2131-3490 Garlock GmbH Valves Industrial Plastics Geschftsbereich Armaturen Postfach 10 o s 49 41405 Neuss Germany 49-2131-31080 Garlock (Great Britain) Limited France Compressor Products Imperial Court -- Unit 1 Magellan Close Andover Hants S P 10 sNT England 44- 1264-357421 Garlock (Great Britain) Limited Mechanical Packing U nits Pipers Court, Berkshire Drive Thatcham, Newbury Berkshire RG13 4CR England 44-1635-871778 Garlock (Great Britain) Limited Stemco Truck Products Hambrldge Road Newbury Berkshire RG14 sTG England 44-I63J-38W 8 Louis Muas Sues., S.A. de C.V. Mechanical Packing Apartado Postal is-m Poniente 116, No, 571 Colonia Industrial Vallejo Delegacin Azcapotzalco 02300 Mexico, D.F. 575/567-5600 Garlock de Mexico, S.A. de C.V. Mechanical Packing Division Apartado Postal 15-103 Poniente 116, N0.571 Colonia Industrial Vallejo Delegacin Azcapotzalco 02300 Mexico, D.f. 525/567-7011 Garlock Pty. Ltd Mechanical Packing 10 Willis Street P.o. B ox 54 AmcHffe, N.S.W. 2205 Australia 61-2-597-4422 Holley Automotive Group Limited Unit 2230 Kettering Parkway Kettering Venture Park North Hamptonshire NN156XP United Kingdom 44- I536-534SOO Holley Automotive Systems GmbH Scheffelstrasse 73 Falkenweg t 41468 Neuss Germany 49-2131-3490 Liard S.A. France Compressor Products - "^ - Route Nationale 49 BP 69-F-59570 Bavay Cedex France 33-2763-1664 Liard S.A. Stemco Truck Products Zi La Petite Montagne SUD lA lle ed u Dauphine 91018 Evry Cedex France 33-1-6086-9717 elOvk Page 2 of 108 United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-K IS Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31,2002 Transition report pursuant to Section 13 or 15(d) o f the Securities Exchange Act of 1934 Commission File Number 001-31225 ENPRO INDUSTRIES, INC. (Exact name of registrant, as specified in its charter) North Carolina (State or other jurisdiction of incorporation) 01-0573945 (IRS Employer Identification No.) 5605 Carnegie Boulevard, Suite 500 Charlotte, North Carolina 28209 (704) 731-1500 (Address of principal executive offices) (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Common Stock, $0.01 par value Preferred stock purchase rights Name of each exchange on which registered New York Stock Exchange New York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. El Yes No Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part ID of this Form 10-K or any amendment to this Form 10-K. Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Securities Exchange Act of 1934). Yes El No The aggregate market value of voting and nonvoting common stock of the registrant held by non-affiliates of the registrant as of June 28,2002, was $107,185,586. As of March 3, 2003, there were 20,416,302 shares of common stock of the registrant outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's Definitive Proxy Statement, dated March 27, 2003, for the 2003 annual meeting of shareholders to http://www.sec.gov/Archives/edgar/data/1164863/000095014403003292/g81057el0vk.htm 8/6/2004 EnPro Industries, Inc. Page 2 of 100 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) 1=1 FORM 10-K Annual report pursuant to Section 13 or 15(d) of the securities exchange act of 1934 For the fiscal year ended December 31,2003 Transition report pursuant to section 13 or 15(d) of the securities exchange act of 1934 Commission File Number 001-31225 ENPRO INDUSTRIES, INC. (Exact name of registrant, as specified in its charter) North Carolina (State or other jurisdiction of incorporation) 5605 Carnegie Boulevard, Suite 500, Charlotte, North Carolina (Address of principal executive offices) 01-0573945 (I.R.S. employer identification no.) 28209 (Zip code) (704) 731-1500 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) o f the Act: Title of each class Common stock, $0.01 par value Preferred stock purchase rights Name of each exchange on which registered New York Stock Exchange New York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ESI No Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. 13 http://www.sec.gOv/Archives/edgar/data/1164863/000095014404001920/g87393el0vk.htm 8/6/2004 EnPro Industries, Inc. Page 12 of 100 In general, we are the owner of the rights to the products that we manufacture and sell. However, we also license patented and other proprietary technology and processes from various companies and individuals in order to broaden our product offerings. We are dependent on the ability of these third parties to diligently protect their intellectual property rights. In several cases, such as Fairbanks Morse Engine's technology licenses from MAN B&W and S.E.M.T. Pielstick for the fourstroke reciprocating engine, and from OPRA, Inc. for the gas turbine engine, and Quincy Compressor's license from Svenska Rotor Maskiner AB of their rotary screw compressor design and technology, the intellectual property licenses are integral to the manufacture of our products. A loss of these licenses or a failure on the part of the third party to protect its own intellectual property could reduce our revenues. Although these licenses are all long-term and subject to renewal, it is possible that we may not successfully renegotiate these licenses or that they could be terminated for a material breach. If this were to occur, our business, financial condition, results of operations and cash flows could be adversely affected. Employees and Labor Relations We currently have approximately 4,300 employees worldwide. Approximately 2,800 employees are located within the U.S. and approximately 1,500 employees are located outside the U.S., primarily in Europe and Canada. Approximately 39% of our U.S. employees are members of trade unions covered by collective bargaining agreements. Union agreements relate, among other things, to wages, hours and conditions of employment. The wages and benefits furnished are generally comparable to industry and area practices. We believe that we generally have a satisfactory relationship with our employees throughout our operations and the unions that represent them. We have collective bargaining agreements in place at six of our facilities. The hourly employees who are unionized are covered by collective bargaining agreements with a number of labor unions and with varying contract termination dates ranging from June 2004 to October 2007. In addition, some of our employees located outside the U.S. are subject to national collective bargaining agreements. The last significant strike or work stoppage experienced by any of our facilities was in 1996 and lasted approximately ten weeks. ITEM 2. PROPERTIES We are headquartered in Charlotte, North Carolina and have 33 primary manufacturing facilities in twelve states within the U.S. and nine countries outside of the U.S. The following table outlines the location, business segment and size of our most significant facilities, along with whether such facilities are owned or leased by us: 7 http://www.sec.gov/Archives/edgar/data/1164863/000095014404001920/g87393el0vk.htm 8/6/2004 Search - 1 Result - "Garlock Sealing Technologies"w/25 Mexico Page 1 o f 2 J3fP~ Source: News & Business > News >News, All (English, Full Text) j Terms: "garlock sealing technologies"w/25 mexico (Edit Search) Business Wire, May 19, 1997 Copyright 1997 Business Wire, Inc. Business Wire May 19, 1997, Monday DISTRIBUTION: Business Editors LENGTH: 283 words HEADLINE: Coltec unit acquires sealing products manufacturer DATELINE: CHARLOTTE, N.C. 3fT-' BODY: May 19, 1997--Coltec Industries Inc. (NYSE:COT) announced today that Garlock Metallic Gaskets, an operating unit of Garlock Sealing Technologies, has purchased the assets of Signum Manufacturing Company from Virginia Sealing Products Inc. Signum produces premium spiral-wound gaskets used in the nuclear power industry, chemical plants and the production of valves. The machinery required to manufacture these sealing products is being moved from Virginia Sealing Products' facility in Prince George, Virginia, to the Garlock Metallic Gaskets plant in Houston. Jeffrey S. Ore, senior vice president of Metallic Gaskets, said, "The quality and advanced technology associated with Signum's spiral-wound technology complements the Flexseal spiral-wound gasket business that we acquired last year. In addition, this acquisition enables us to redeploy m anufacturing equipm ent for spiral-wound gaskets that currently is in our Houston facility to Garlock Sealing Technologies' plants in Singapore, Australia, Mexico and Canada. As Garlock expands its penetration into global markets, it becomes increasingly im portant to be able to m anufacture high-quality spiral-wound gaskets in those m arkets." Virginia Sealing Products Inc. is one of G arlock's largest distributors. Garlock Sealing Technologies is a division of Garlock Inc, a subsidiary of Coltec Industries. Coltec Industries is a diversified manufacturing company serving prim arily aerospace and general industrial markets. CONTACT: Coltec Industries, Charlotte Michael Dunn, 704/423-7060 LOAD-DATE: May 20, 1997 Source. News & Business > News >News, All (English, Full Text) i Terms: "garlock sealing technologies"w/25 mexico (Edit Search) View: Full http://www.lexis.com/research/retrieve?_m=ca69ca8be23e5ccadd40ba626630daca&csvc-b... 8/6/2004 Search - 1 Kesult - "Uarlock Sealing 1echnologies"w/2^ Mexico Dateffime: Friday, August 6, 2004 - 4:59 PM EDT About LexisNexis | Terms.and Conditions Copyright 2004 LexisNexis, a division of Reed Elsevier Inc. All rights reserved. Fage z o r z http://www.lexis.com/research/retrieve?_m=ca69ca8be23e5ccadd40ba626630daca&csvc=b... 8/6/2004 Our Locations! Locations ^Go Back USA Sl USA Garlock Sealing Technologies 1666 Division Street Palm yra, NY 14522 USA Email: gst.info@garlock.com Web Site: www.garlock.net Tel: 1.800.448.6688/ (315) 597.4811 Fax: 1.800.543.0598/ (315) 597.3216 KLOZURE Oil Seals & Bearing Isolators A Division of Garlock Sealing Technologies 1666 Division Street Palmyra, NY 14522 USA Email: klozure@garlock.com Web Site: www.klozure.com Tel: 1.866.KLOZURE (1.866.556.9873) / (315) 597.4811 Fax: 1.866.0ILSEAL (1.866.645.7325) / (315) 597.3216 Garlock Helicoflex 2770 The Boulevard Colum bia, SC 29209 USA Email: sales@helicoflex.com Web Site: www.helicoflex.com Tel: (803) 783.1880 Fax: (803) 783.4279 Garlock Metallic Gaskets 1977 Kindred Street Houston, TX 77049 USA Email: gst.info@garlock.com Web Site: www.garlock.net http://www.garlock.net/locations_main.asp Page 1 of 5 .rif*' R iiri 8/9/2004 Uur Locations! SOUTH AMERICA Garlock Sealing Technologies do Brasil Rua Ana Maria Martinez, 455 CEP 09811-000, Sao Bernardo do Campo Brazil Em ail: garlockdobrasil@garlock.com Web Site: www.garlock.net Tel: 55 (11) 4352.6161 Fax: 55 (11) 4352.8181 [return to top] EUROPE Garlock (Great Britain) Limited Premier Way Lowfields Business Park Eliand, West Yorkshire HX5 9HF United Kingdom Email: enquiries@ garlockgb.co.uk Email: sales@ garlockgb.co.uk Web Site: www.garlock.eu.com Tel: 44 (14 2) 231.3600 Fax: 44 (14 2) 231.3601 Garlock France SAS 90, rue de la Roche du Geai F-42029 Saint Etienne Cedex 1, France Email: garlockfrance@garlock.com Web Site: www.garlock.eu.com Tel: 33 (4) 7743.5100 Fax: 33 (4) 7743.5151 Garlock GmbH Sealing Technologies Division Falkenweg 1 41468 Neuss, Germany Email: garlockgmbh@garlock.com Web Site: www.garlock.eu.com http://www.garlock.net/locations_main.asp Page 3 of 5 8/9/2004 Our Locations! Page 5 o f 5 http://www.garlock.net/locations_main.asp 8/9/2004 ENPRO EnPro indusmes. Inc --(Continued) J. P. Bolduc Peter C. Browning Joe T. Ford Jam es H. Hance Jr. Gordon 0 . Harnett Ernest F. Schaub Auditor: Ernst & Young LLP 1100 Independence Ctr Charlotte, NC 28246 Tel (704)372-6300 Intematfonal Bank Affiliates: Toronto Dominion Bank PO Box Toronto Dominion Centre Toronto. ON, M5K 1A2, Canada Tel.: (416) 296-7017 Barclays Bank PLC 160 Piccadilly Condon, W1A 2A6, United Kingdom Tel: (44) 2076995000 Legai Counsel: Paul, Weiss, Rifkind, Wharton & Garrison 1285 Ave of the Americas New York, NY 10019 Tel - (212) 373-3000 Divisions: Delavan, Inc. (1) 811 Fourth St West Des Moines, 1A 50265-3708 Mailing Address: PO Box 100 West Des Moines, (A 50265 Tef.: (515) 274-1561 Fax: (515) 271-7204 Web Site- www aerospace.goodnch com Sates Estimate* $80-99 Million E m p. 600 Jet Engine Fuel Injectors & Components S..C.: 3999; 3724 James Baker (Pres) Robert D. Shoemaker (VP Ops) Fairbanks Morse Engine Division (1) 701 White Ave Beloit, Wl 53511-5447 Tel: (608) 364-4411 Web Site, www.fairbanksmorse.com Sates Estimate: $100-119 Million Emp.: 781 Diesel Engine Generator Systems; Diesel Engines for Industry, Drives; Marine Diesel Propulsion Systems; Engine AccessoriesMagnetos, Starters & Clutches S.I.C.. 3519. 3592; 3599; 3613; 3625; 3694; 3743, 4941; 4952 Warren Martin (Pres) John Bottom (VP-HR) Terrence Gill (Dir-Matls) Mary Griffith (HR Mgr) France Compressor Products Division (1) 104 Pheasant Run Newtown, PA 18940-1821 Tel (215)968-5959 Sales Estimate: $40-59 Million Emp. 323 Compressor & Industrial Engine Components S I C . 3494; 3491 Jeff Ore (Pres) Mike Dodge (VP-Fm) Chris Sulock (IT Mgr) GGB (1) (Formerty Glacier Gariock Beanngs) 700 Mid Atlantic Ave Thorofare, NJ 08086 Tel : (856) 848-3200 Fax. (856) 848-5115 Web Site* www ggbeanngs.com Sates Estimate: $40-59 Million Emp.: 200 Mtr. & Market of Plastic-Based Beanngs S.IC* 3562; 3714; 5085 Jack Devine (Prs) Gariock Sealing Technologies (1) 1666 Division St Palmyra, NY 14522-9383 OH Tei.: (315) 597-4811 (100%) Fax: (315) 597-3173 Toll Free: (800) 448-6688 Web Site, www.garlock.net Sales Estimate. $150-199 Million Emp.: 1,887 Fiscal Year-end. 12/31/02 Industnal Seals, Gasketing, Packing, Expansion Joints, Metal Gaskets & Mechanical Seals Export S I C : 3069; 3563 Paul Baldetti (Pres) Ray Mathes (VP-HR) Douglas Summerville (Eastern Reg Sfs Dir) Mark Guffey (Mktg Dir) Marcy Klein (Graphic Design Supvr) Gariock Valves & Industrial Plastics (1) 602 N Tenth St Camden, NJ 08102-1724 Tel : (856) 964-0370 Fax. (856) 541-4982 Sales Estimate $40-59 Million Emp : 29 Mfr of TFE-Coated Butterfly Valves S.l C.: 3592 Mike Lim (Pres) Menasco Aerospace (1) 8000 Marble Ave Cleveland, OH 44105-2060 Tel.: (817) 283-4471 Web Site: www.chandterevans com Landing Gear for Military & Commercial Air Craft, Shock Mitigation Systems S.l C * 3728; 3593 Roger Wright (Pres) Jerry OeFalco (VP-HR) Kiemens Scboefelder (VP-Fin) Plastomer Technologies (1) 23 Friends In Newtown, PA 18940-1803 T e l. (215) 968-5011 Fax. (215) 968-7640 E-Mail: plastomertech@piastomertech.com Web Site: www.plastomertech.com Emp.: 50 Fiscal Year-end* 12/31/02 Mfr. of Joint & Thread Sealants, Fine Powder Compounds, PTFE Fiber & Specialty Tapes Import Export SJ C : 2891 David Crtuni (VP-Opers) Ken Walker (VP-Mktg & Sis) Allen Danzey (Fin Dir) Quincy Compressor (1) 3501 Wisman Ln Quincy, _ 62301-1257 (100%) T el: (217) 222-7700 Fax. (217) 222-5109 E-Mail: trueblue @gumcycompressor.com Web Site: www.quincycompressor.com Approx. Sis.* $140,000,000 Emp.: 400 Fiscal Year-end. 12/31/02 Rotary Screw Air Compressors Export S i C 3563, 3569 John Thompson (Pres) Larry Smith (VP-Opers) Norm Stilwetl (Inti Sis Mgr) Jane Bond (Mkig & Commun Supvr) Stemco Inc 300 Industriai Dr Longview. TX 75602-4720 Mailing Address* PO Box 1989 Longview, TX 75606-1989 o <100%) T e l: (903) 758-9981 Fax (903)232-3530 E-Mail' info@stemco.com Web Site* www.stemco.com Sates Estimate: $100-119 Million E m p: 847 Wheel Lubrication Systems S.I.C.: 3568; 3493; 3714; 3499 Richard Andrews (Pres) Don Pomeroy (VP-Fm) Robert Wilson (VP-Personnel) Walbar Inc. One Fifth St Peabody Industnal Ctr Peabody, MA 01960 Tel.: (978) 532-2350 Fax: (978) 532-7501 Web Site: www.onesite com Approx. Sis .*$71,298,143 Em p. 149 Refurbish Jet Engine Turbine Blades, & Components S.f.C.: 3724; 3728 Cheryl Ruelle (HR Mgr) (1) Vanes Subsidiary: GoodRich Machinery Products (2) 323 S Bracken Ln Chandler, AZ 85224-4701 Tef.* (480) 899-8995 Fax. (480) 857-5780 Sales Estimate: $40-59 Million Emp.: 170 Precision Machined Turbine Components & Rotating Parts S I.C.. 3724 Jeff Yaker (Pres) Non-U.S. Operating Division; Menasco Overhaul Division (2) 5415 N Service Ref Burlington, ON, L7L 5H7, Canada T e l: (905) 319-3006 Sales Estimate: $10-19 Million Em p: 78 Overhaul & Repair of Landing Gear S.J.C.: 3728 Ross Rutledge (Gen Mgr) Non-U.S. Divisions: Coitec Aerospace Canada Limited (1) 1400 S Service Rd W Oakville, ON, L6L 5Y7, Canada Tel.: (905) 827-7777 Fax* (905) 825-1583 E m p . 600 Aircraft Parts & Equipment S.I.C.: 3728 Steve Chalmers (VP 8 Gen Mgr) Menasco Aerospace Ltd (1) 1400 S Service Rd W Oakville, ON, L6L 5Y7, Canada Tel.: (905) 827-7777 Sales Estimate $80-99 Million Emp.; 530 Landing Gear & Flight Controls For Military & Commercial Aircraft, Helicopter Rotor Components, Flight Control Overhaul Service S.I.C.. 3724, 3728 Barry Levotr (VP) ENRON CORP. (Filed for Ch 11 Bankruptcy, 2001) 1400 Smith St Houston, TX 77002-7327 Mailing A ddress: PO Box 1188 Houston, TX 77251-1188 Tel.: (713) 853-6161 Fax: (713) 853-3129 Web Site: www.enron.com 12/2/ DE Year Founded: 1930 ENRNQ-- (OTC) Emp.: 11,700 U.S. PUI Business Description: Energy, Commodities & Services Company Export SJ.C.: 5172: 6211 # of Domestic Offices: 300 # of International Offices: 40 Personnel: B ay Ttoubh (Interim Chm) Stephen F. Cooper (Chief Restructuring Officer & Acting CEO) Robert J. Hermann (M ng Dir & Gen Tax Counsel) Robert H Butts (Mng D ir & Controller) George Wasaff (Mng Oir-Gtobal Strategic Sourcing) Raymond M. Bowen (CFO & Exec VP) Robert H Walls, Jr. (Gen Counsel & E xe c VP) Mark Pickering (CTO) Mark A. Palmer (VP-Corp Commun; Mary Perkins (VP) Paula A. Rieker (Sec) Cynthia Barrow (Sr Dir-Benehts) Mary K. Joyce (Sr Dir-Exec C om p e n satio n ) Tim O'Rourke (Dir-HR) Board o f Directors: John Ballantme Robert A. Belter Norman P. Blake, Jr Ronnie C. Chan John H. Duncan Joe H. F'oy Wendy L. Gramm Robert K. Jaedicke Charles A. Lemaistre Corbin McNeill Jeffrey K. Skilling Ray Troubh John A. Urquhart John Wakeham Charles E. Walker Herbert S. Winokur, Jr Legal Counsel: Vinson & Elkins First City Tower Houston. TX 77002-6760 Tel (713) 758-2222 Transfer Agent: EquiServe Trust Company, N.A. PO Box 2500 Jersey City, NJ 07303-2500 Tel/ (201) 324-0498 Fax: (201) 222-4877 Toll Free (800)519-3111 Division: Procaribe Inc. Rr 3S5 Penuelas, PR 00624 Tel - (787) 836-3007 Fax. (787) 836-5712 Web Site www enron com Approx Rev-: $12,877,178 Emp. 19 Mtr. OI Petroleum Producs S I C . 4924 Miguel Maltes (VP) Ralael Medina (Controller) (1) pa ( 100% ) Subsidiaries: EPS Holdings, Inc 1' 4 N Shore Clr Pittsburgh, PA 15212-5804 T e l. (412) 359-2100 Fax- (412) 321-3609 Web Site- www limbachlaciUtyservtces com 852