Armstrong reports record sales and profits

has a leading

position

for integrated including

in the market

propulsion

propellers,

waterjets

This

thrusters. arrangement, the entire marine

market

is

provide

opportunities

for

Ship

shipbuilding

design

is

now

looking

outsource

complete

marine

to

the

arrangements,

USS193.0 Excluding

the sales

million

were

4.5%,

below

US$45.4

in

year

Wartsila

shipyards power diesel

will to

the

total

marine

system.

It

will

provide

based

gearboxes

Lips

NSD

contractor

for

engine

prime

movers

John

Crane-

with

supplying

the

propulsion

system. Both

Warts&

Crane-Lips

NSD

will retain their

market

and

John

the right

product

to

range

independently. John

Crane-Lips

of John

subsidiary

is the

Crane,

to

and textile

the sales,

the sale of those units

in

is a

of TI Group.

fourth

impacted

weakness

sealing

American will

help

our

our

NOK

flooring

Richard

Armstrong

Industries has reported

this

year

over

the

according Automotive E. Allen.

automakers

1999.

savings

innovative

our

nologies,

million,

over

same

period

last

year,

production

the

impact

of

I999

balance.”

excluding

For the calendar of US$3443.8 than

and

year 1999 sales

million 1998.

Sealing Technology

were 25.4%

North the

new

which

No. 76

and will put engine production 2001 group’s

true

by

American total cover

three

sealing

products,

global different

undisclosed

future

the

sourcing

driving

with

unsightly in

pursuing we

can

oil and

fluid

turn,

can

to enhance and

part

improve-

relentlessly

company

Allen

and

Allen

-

27

manufacturing

space

the

of the

equipment manufacturing open

called has

870

freed m*

since

later this year.

is part

System. Global

is initially

seals,

live loading,

received

CEUs packing,

centrifugal gasketing,

and pneumatic Global

for

and

seals. Training,

& Development awards

Team

awarding

in mechanical

Education

Training,

& Development

mechanical

hydraulic

and

of the Texas

for courses

pumps,

CEU

Team has

its pioneering

approach

of offering interactive,

friendly

course

Internet

at:

curriculum

user-

via the

http://www.active

distancelearningcom.

World Pumps Buyers’ Guide 2000

and slated

Pumps

Buyers’ Guide

2000, the annual directory from the

Elsevier

nology,

Advanced

publisher

of

TechWorld

Pumps magazine has just been published. The 135page

Buyers’

Guide is an exhaustive catalogue

company’s

factories;

facilities

of

1992;

operations

purchases;

Education

a

Chesterton

Chesterton’s

World

lean

-

which

from

to

include:

ongoing

program

conversion

due

These

company’s

than

future

said,

factors.

more

ample

for the newly

business

product-focused

-

has

capacity

issued

help

customer

loyalty,”

be

Chesterton’s of

multiple

manufacturing,

which,

more

warranty

design

certificate

(GTED)

efficiency

for

Chesterton

will

University

reduces

slashes

adds

successfully

A&M

marks

creates

who

the

all at once

continuing

an approved

which

total

approach

and

student

TEEX,

three

costs,

GROWTTH up

lean

contracts

firsts,

issue

the

Freudenberg-NOK’s

development

“By

Each

for the

of

to

education units to students.

this year

Extending

extension

engineering

service

course

early involvement

and

company in the US to align with a major

into

of

Through

is the first processing industry

programme

first, Allen said.

systems

tech-

an

tinuing Education Units (CEUs)

completes

packages

several

by

Extension

announced

agreement to jointly award Con-

total

the customer,

the

Engineering

Service (TEEX)

the first global

series

contracts,

manufacturers, sealing

in 1997

year.

yet another

Europe, first total

announcement sealing

in

America’s

later

model

sealing

programme

sealing

manufacturing

Awarded

divestitures.

sealing

engine

1994

North

engine

won

that

philosophy,

in

launched

The

warranty

sealing

package

US$827.9 the

programme

production

CEO

offered

first total

said.

will

and tier one suppliers dramatic

were

industry’s

satisfaction

billion

Sector

the

total

and

“It’s clear

cost

increase

auto

automakers

global

US$l

recognize

quarter

the

eliminate

to Freudenberg-

and

a 3.5%

introduced

sales rate in the

record sales and profits for all of

Sales in the fourth

Group

leaks,

beyond

it

Texas

for Chesterton courses. Chesterton

lean

which

group’s

annual

Americas level,”

North

sales to grow

billion

push

major

with

supplier,

NOK

ments

three

any other

and

sales to

manufacturers

automotive

in

won

contracts

for

Freudenberg

numbers.

total

released

than

The A W Chesterton Co and the

in

The

Group to boost its global and

we have recently

or already

Chesterton networks training

Group packages

development,

sealing

single

that

of the

NOK sealing

automotive

help the Freudenberg and NOK

to announce

addition

claims.

costs

“I’m delighted

and

more

robust

automotive

Allen

contracts,

production,

sealing package approach will

material costs in its hardwood World

awards,

record heights this year.

European sales and rising raw division,

business

the

new

in

global capability and its total

American

quarter results

by

new

expertise,

with

three

total Recent

US$4 Despite

technology

either

1999.

Freudenbera and NOK Group win three new sea ing packages

the

said.

production

marine

which

Armstrong reports record sales and profits

higher

of which

steering

Freudenberg-NOK’s

now has 10 total or

and

- demonstrate

Freudenberg

million,

related

of gasket

following

of

these

US$2108.1

USS99.1

million

breadth

Globally,

1998).

acquisitions, of

prior

programs

versus

million

Armstrong

system

sealing

power

co-operation

prime

as

arm

US$346.0

million

uss513.1

absence

ship-

versus

to suppliers.

Under

and

becoming and

are

act

grow

complex

builders

systems

to

over the next decade.

increasingly

(sales of USS822.6

in 1999

forecast

significantly

Pacific

of

in 1998) and DLW (sales of

and defence

commercial

Triangle

transmission

engine,

the full year

acquisitions

million

both companies. The

the

million

address

should

growth

reflected

of

will

commercial markets,

and

The growth impact

co-operation

which

significant

systems,

into

of products and manufacturers -

new

including a section on seal and

new

gaskets. It covers such products

to

as bellows seals, cartridge seals and elastomers.

0