Natco Group Inc. (NYSE: NTG).(Interview)

Publication: Oil and Gas Investor

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COPYRIGHT 2005 Hart Publications, Inc.

Oil and Gas Investor: Describe the strategy that drives your company.

Clarke: NATCO is a company that has been around for well over 75 years and has evolved into a leading technology provider as it relates to, in the broadest sense, separation equipment and process solutions. We have recently embarked upon a restructuring plan that we kicked off at the beginning of the year that is designed to take advantage of those technologies in the marketplace in order to grow our topline revenue and to improve the profitability of the company going forward.

OGI: What prompted the restructuring, and what effect do you expect it will have on your customers?

Clarke: It was needed to bring a bit more clarity to our strategy, to our customer markets and our shareholders. What we did was to organize our business around three technologies that have the greatest importance to our customer base, which resulted in the creation of three clearly defined operating segments.

The first and largest is the Oil and Water Technologies Group, which includes everything from standard and traditional separation equipment to large process systems that are installed...

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