[6] Wabtec Corporation (formerly a George Westinghouse company) purchased Lokring Technology in 1998 and moved the plant to Burlington, Ontario.

The connectors, based on helium testing, have a volatile organic compound emission rate that is no greater than 2.4*10-12 kilograms per hour or 4.6*10-8 pounds per year.

[9] Several years ago, Lokring saw the opportunity to better serve the marketplace by developing a product that achieves the same integrity as welding but removes many of the challenges and long-term costs of hot work.

[9] [10] The company is prominent in the Shipbuilding (e.g. General Dynamics), Submarine (Marine) (e.g. BAE Systems Submarine Solutions), Oil & Gas (Upstream and Downstream), and Nuclear Generation Industries, but also caters to other markets such as Steel (e.g. ArcelorMittal), Pharmaceutical (e.g. Merck & Co.), Medical Gas e.g. (Walter Reed Army Medical Center), Railroad (e.g. Union Pacific Railroad), and many more.

ExxonMobil identified pipe-fitting technology created by Lokring as an alternative to hot work welding during their MEV (Maintenance Efficiency Venture) initiative in 2007.

A USCIB Case Study described the following gains: productivity and overall cost savings of about two-thirds in many settings and much improved safety due to the departure from hot work.

This expanded partnership has benefited both companies: a safer, less-expensive technology for ExxonMobil and its facilities worldwide, and enhanced comprehension of and greater accessibility to foreign markets for Lokring.