Fairbanks Morse sold to private firm, News

By A Mystery Man Writer

CHARLOTTE, North Carolina — Fairbanks Morse, which has had a banner year gaining Navy contracts for construction of ship engines, is being sold to Arcline Investment Management, a private equity firm. EnPro Industries Inc., owner of Fairbanks Morse, announced Thursday it has entered a definitive agreement to sell the ship engine maker to Arcline for […]

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