US Secretary of the Navy Honorable Richard V. Spencer Visits Fairbanks Morse’s Beloit Facility

Secretary recognizes the significant impact Fairbanks Morse workforce
has on the US Navy

WASHINGTON–(BUSINESS WIRE)–Fairbanks
Morse
, an EnPro Industries company (NYSE: NPO) and leading provider
of solutions that are powering the world forward, announced today that
the company has received a visit from Secretary of the Navy, Honorable
Richard V. Spencer. The Secretary addressed Fairbanks Morse employees at
its Beloit, Wisconsin facility and acknowledged the company’s
decades-long dedication to supporting the United States Navy with their
critical power solutions.

Secretary Spencer was sworn in as the 76th Secretary of the Navy in
August of 2017. Prior to his nomination, the Secretary served on the
Defense Business Board and the Chief of Naval Operations Executive
Panel. During his address to the Fairbanks Morse team, the Secretary
showed appreciation for the Fairbanks Morse workforce and the company’s
vital role as part of the US industrial base. “You are the bedrock of
what national security is all about,” commented Secretary Richard V.
Spencer.

Secretary Spencer recently named the USS Beloit after the City of Beloit
to honor the community and Fairbanks Morse contributions to national
security. Secretary Spencer told employees at Fairbanks Morse, “You all
have an invested right into the USS Beloit.”

The USS Beloit will be named after the city for its contributions to the
Navy and advancements in U.S. national security with the ongoing work at
Fairbanks Morse, a company that’s worked with the Navy since 1938.

“We are truly honored to have received a visit from Secretary Spencer.
This gave us the opportunity to express gratitude for our decades-long
partnership with the US Navy which we look forward to continuing for
generations to come,” said Deepak Navnith, president of Fairbanks Morse.
“We pride ourselves on delivering unparalleled products and services to
one of our greatest customers, the US military. Our entire team is
extremely appreciative that the US Navy has entrusted us to support them
in their mission of keeping our shores safe.”

Secretary Spencer graduated from Rollins College in 1976 with a Bachelor
of Arts in Economics. Upon graduating, he joined the United States
Marine Corps where he served as an H-46 pilot until 1981 before
departing active duty to enter the private finance sector. Secretary
Spencer holds an impressive record during his time on Wall Street where
his responsibilities centered on investment banking, strategic advisory
services and capital market underwriting.

About Fairbanks Morse

For over 125 years, Fairbanks Morse has been powering the world forward
with innovative distributed power generation solutions that deliver
optimal performance in a wide range of applications from base load and
standby in municipal, nuclear, and institutional facilities to
locomotive engines, and naval and commercial-class ship propulsion and
shipboard power. Reliable and dependable, its flagship Opposed Piston
(OP) engine technology has been trusted for decades and has totaled over
100 million operating hours — many units with over 40 years of service.
Learn more about how Fairbanks Morse is committed to delivering power
where it is needed most in the world by visiting www.fairbanksmorse.com.

About EnPro Industries, Inc. (NYSE:NPO)

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 www.enproindustries.com.

Contacts

Mercom Communications
Wendy Prabhu
FairbanksMorse@MercomCapital.com
+1-512-215-4452

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