Dec 28, 2000

NATCO Group Announces MPE Acquisition

NATCO Group Inc. has announced its second acquisition this year -- the purchase
of Houston-based Modular Production Equipment, Inc. (MPE) by its subsidiary
National Tank Company (NATCO). MPE designs, engineers, and manufactures produced
water treatment separation systems and specializes in hydrocyclone technologies,
and NATCO Group Inc. is a leading provider of wellhead process equipment used in
the production of oil and gas.

"The addition of MPE's produced water treatment technology and expertise
allows NATCO Group to offer producers the most advanced and complete turnkey
process solutions in the industry," said NATCO Group president Patrick
McCarthy. MPE's line of water treatment systems includes de-oiling
hydrocyclones, desanders, gas sparging systems, coalescing devices, and water
injection packages.

Earlier this year NATCO Group announced the acquisition of Porta-Test
International of Edmonton, Alberta, Canada. Porta-Test engineers and
manufactures high performance cyclonic separation equipment and accessories for
the production of oil and gas. The technology will be applied towards reducing
the size and weight of oil and gas production facilities through efficiency

Sales and service support will be offered through NATCO's 32 North American
sales and service centers, as well as engineering and sales offices in Calgary,
Houston, London, Tokyo, Caracas, and Kuala Lumpur.

SOURCE: PR Newswire