SPX Chairman, President and CEO to Ring NYSE Closing Bell Marking 40 Years of Trading and 100 Years in Business
CHARLOTTE, N.C., Aug. 6, 2012 /PRNewswire/ -- SPX Corporation (SPW) today announced that its Chairman, President and Chief Executive Officer Chris Kearney will ring The Closing Bell® at the New York Stock Exchange on Tuesday, August 7, 2012.
The occasion marks SPX's 40th anniversary of trading on the NYSE and 100 years since the founding of the company, which began as the Piston Ring Company in 1912.
"As we celebrate these two significant milestones in our corporate history and reflect on our Century of Innovation, we are even more excited about the next 100 years and developing new ideas and solutions to help drive our customers' businesses forward and help them meet ever-increasing global demand for food and energy," said Mr. Kearney. "Above all, SPX's longevity and success is a testament to the talent and drive of our 18,000 employees around the world, whose unwavering commitment to excellence and deep passion for innovation continues to distinguish us in the marketplace. I am pleased to ring the NYSE's Closing Bell today in their collective honor."
Photos available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285), Getty Images (646.613.4141), Bloomberg Photo (212.617.3420) and European Press Agency (917.670.1323). The Closing Bell (starting at 3:55 p.m.) feed is available via Ascent loop #4009. Media seeking footage via The Switch should contact NYSE Broadcast at 212.656.5483.
Based in Charlotte, North Carolina, SPX Corporation is a global Fortune 500 multi-industry manufacturing leader with over $5 billion in annual revenue, operations in more than 35 countries and over 18,000 employees. The company's highly-specialized, engineered products and technologies are concentrated in three areas: Flow Technology, infrastructure, and vehicle service solutions. Many of SPX's innovative solutions are playing a role in helping to meet rising global demand for electricity, processed foods and beverages and vehicle services, particularly in emerging markets. The company's products include food processing systems for the food and beverage industry, power transformers for utility companies, cooling systems for power plants; and diagnostic tools and equipment for the automotive industry. This description of SPX does not contemplate the pending sale of the Service Solutions business. For more information, please visit www.spx.com.
Ryan Taylor (Investors)
Jennifer H. Epstein (Media)
Office: 704-752-7403 / Mobile: 704-574-5441
SOURCE SPX Corporation