HOERBIGER Canada Ltd. Acquires N.E.W. Machining Ltd.


Expanded service to compressor operators in British Columbia and Northern Alberta

Fort St. John, B.C., December 14, 2006 - Effective December 1, 2006, HOERBIGER (Canada) Ltd. has acquired N.E.W. Machining Ltd.. Under the agreement, N.E.W. Machining is now a division of HOERBIGER (Canada) Ltd.. With this step, HOERBIGER continues to broaden the scope of its service capabilities in Canada, consistent with the global initiative "Reliable Performance of Compressors" launched in 2001.

Since 1998 HOERBIGER (Canada) Ltd. in Fort St. John, B. C. provides the Canadian market with compressor valve, ring and packing sales and repair services. With the acquisition of N.E.W. Machining Ltd., HOERBIGER (Canada) Ltd. now offers full scale machining services for compressor operators in British Columbia and Northern Alberta which include:

-Repair, reconditioning and retrofits for valves,
pressure packing and oil wiper packing
-Cylinder repair, relining
-Piston rod repairs and manufacturing
-Piston repair and manufacturing
-Line boring
-Sleeving engine blocks
-Welding and spray welding
-Procurement of any part needed

Both facilities provide 24-hour emergency service when needed and give first-class customer service and quality workmanship. The companies will continue to operate from their current locations at:

HOERBIGER (CANADA) LTD.
10907 - 91st Avenue
Fort St. John, British Columbia V1J 6G7
Tel (250) 785-4602
Fax (250) 785-4604

N.E.W. Machining Ltd. founder, Reeve Aulin, brings over 30 years of machining experience to HOERBIGER and has been operating in the Fort St. John B.C. area since 1979. HOERBIGER (Canada) Ltd. will support N.E.W. Machining with product expertise for sales and service of valves, rings and packing, check valves, HydroCOM and monitoring. Field sales and service technicians offer quick, convenient service to remote operators.

"The merger was very important to us as we will now be able to offer more services for our customers at a local level", says Anthony Alix, Branch Manager for HOERBIGER (Canada) Ltd. "Compressor operators in the region now have a quality one-stop shop for the service and support of their machines."

HOERBIGER Compression Technology is a business unit of HOERBIGER Holding AG, Zug / Switzerland. HOERBIGER is active throughout the world as a leading player in the fields of compression technology, automation technology and drive technology. In 2005, its 4,700 employees achieved sales of around 650 million euros. The focal points of its business activities include key components and services for reciprocating compressors, pneumatic and hydraulic systems for vehicles and machine tools, as well as components and systems for shift and clutch operations in vehicle drivelines of all kinds.

In North America, HOERBIGER Compression Technology headquarters are located in Pompano Beach, FL. For reciprocating compressors, product lines include valves, compressor controls, engine fuel injection systems, rings, packing, valve and cylinder reconditioning, and overhauls services. Components for rotary compressors include suction valve and regulation modules, pneumatic and electronic controllers and servo drives, minimum pressure valves and oil stop valves. Service and support for HOERBIGER products are provided by 21 service centers located in major energy and industrial centers in the United States, Canada, and Mexico.

For additional information on the acquisition of N.E.W. Machining Ltd., contact:

Kathy Boutin
HOERBIGER COMPRESSION TECHNOLOGY
954-623-2060
954-974-2425
Kathy.boutin@hoerbiger.com
www.hoerbiger-compression.com

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