All 2008 Releases
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SPX to Hold Investor Meeting January 21
Dec 22, 2008
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CHARLOTTE, NC - December 22, 2008 - SPX Corporation (NYSE: SPW) today announced that it will meet with investors on Wednesday, January 21, 2009, at 1 p.m. Eastern time to present the company's earnings guidance for 2009. The meeting will last approximately 90 minutes and will feature remarks by Chris Kearney, Chairman, President and CEO a...
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SPX Awarded Contracts to Provide Cooling Systems for Power Plants in China
Dec 19, 2008
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CHARLOTTE, NC - December 19, 2008 - SPX Corporation (NYSE: SPW) today announced that the Chinese subsidiaries of its thermal equipment and services segment have been awarded two contracts, totaling $43 million, to deliver dry cooling systems for Salaqi (Inner Mongolia) and Midong (Xinjiang) power plants. The facilities are owned and opera...
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SPX Announces 10b5-1 Share Repurchase Plan
Dec 18, 2008
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CHARLOTTE, NC - December 18, 2008 - SPX Corporation (NYSE: SPW) today announced that it has adopted a written trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to facilitate the repurchase of up to three million shares of its common stock on or before December 31, 2009, in accordance with a share repurchas...
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SPX Completes Sale of LDS Business Unit
Dec 15, 2008
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CHARLOTTE, NC - December 15, 2008 - SPX Corporation (NYSE: SPW) today announced that it has completed the sale of LDS Test and Measurement, its vibration testing and data acquisition equipment business unit, to Spectris plc for approximately $86 million. The company reported this business unit as a discontinued operation at the end of the...
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SPX Corporation Announces Quarterly Dividend
Nov 26, 2008
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CHARLOTTE, NC - November 26, 2008 - SPX Corporation (NYSE: SPW) today announced that its board of directors has declared a quarterly dividend of $0.25 per common share payable on January 2, 2009, to shareholders of record on December 15, 2008.
SPX Corporation is a Fortune 500 multi-industry manufacturing leader. The company offers...
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SPX to Present at Baird's 2008 Industrial Conference
Nov 10, 2008
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CHARLOTTE, NC - November 10, 2008 - SPX Corporation (NYSE: SPW) today announced that Chris Kearney, Chairman, President and CEO will present at the Baird 2008 Industrial Conference on Tuesday, November 11, 2008, in Chicago, Illinois. The presentation is scheduled to begin at approximately 2:30 p.m. Central time (3:30 p.m. Eastern time)....
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SPX to Participate at Goldman Sachs Global Industrials Conference 2008
Nov 4, 2008
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CHARLOTTE, NC - November 4, 2008 - SPX Corporation (NYSE: SPW) today announced that Chris Kearney, Chairman, President and CEO and Patrick O'Leary, Executive Vice President and CFO will participate at the Goldman Sachs Global Industrials Conference 2008 on Wednesday, November 5, in New York City. The session is scheduled for 11:15 a...
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SPX Reports Third Quarter 2008 Results
Oct 29, 2008
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CHARLOTTE, NC - October 29, 2008 - SPX Corporation (NYSE:SPW) today reported results for the third quarter ended September 27, 2008:
Revenues increased 28.8% to $1.51 billion from $1.17 billion in the year-ago quarter. Organic revenue growth* was 6.5%, while completed acquisitions and the impact of currency fluctuation...
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SPX Receives $124 Million Contract for Key Products for new Kusile Power Station in South Africa
Oct 28, 2008
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CHARLOTTE, NC - October 28, 2008 - SPX Corporation (NYSE: SPW) today announced that its thermal equipment and services affiliate has been awarded a $124 million contract with Hitachi Power Africa (Pty) Ltd , a subsidiary of Hitachi Power Europe GmbH (HPE) to provide key products for the new Kusile Power Station in South Africa.
"Our...
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SPX to Report Third Quarter Results on October 29
Oct 10, 2008
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CHARLOTTE, NC - October 10, 2008 - SPX Corporation (NYSE: SPW) today announced that it will release its third quarter 2008 results on Wednesday, October 29, 2008. Chris Kearney, Chairman, President and Chief Executive Officer and Patrick O'Leary, Executive Vice President and Chief Financial Officer will hold a conference call at 8:30 a.m....
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SPX Announces Sale of LDS Business Unit
Oct 1, 2008
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CHARLOTTE, NC - October 1, 2008 - SPX Corporation (NYSE: SPW) today announced that it has entered into a definitive agreement to sell LDS Test and Measurement, its vibration testing and data acquisition equipment business unit, to Spectris plc, for approximately $102 million. The company's LDS business unit was previously reported as a di...
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SPX to Participate at Citigroup's Global Climate Consequences Conference
Sep 23, 2008
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CHARLOTTE, NC - September 23, 2008 - SPX Corporation (NYSE: SPW) today announced that Gene Lowe, Vice President, Global Business Development and Marketing for SPX Thermal Equipment and Services, will participate in a panel session at Citigroup's Global Climate Consequences Conference on Wednesday, September 24, 2008, in New York. The pa...
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SPX Announces 10b5-1 Share Repurchase Plan
Sep 19, 2008
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CHARLOTTE, NC - September 19, 2008 - SPX Corporation (NYSE: SPW) today announced that it has adopted a written trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to facilitate the repurchase of up to 3.0 million shares of its common stock on or before October 30, 2009, in accordance with a share repurchase program...
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SPX Officer Terminates 10b5-1 Plan
Sep 19, 2008
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CHARLOTTE, NC - September 19, 2008 - SPX Corporation (NYSE: SPW) today announced that Patrick J. O'Leary, Executive Vice President, Treasurer, and CFO, has terminated his previously announced 10b5-1 plan covering the exercise of options to purchase, and sale of underlying, 1,028,546 shares of SPX stock. Approximately 250,000 options...
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SPX to Participate at Morgan Stanley's Global Industrials CEOs Unplugged Conference
Sep 8, 2008
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CHARLOTTE, NC - September 8, 2008 - SPX Corporation (NYSE: SPW) today announced that Chris Kearney, Chairman, President and CEO will participate at Morgan Stanley's Global Industrials CEOs Unplugged Conference on Wednesday, September 10, 2008, in Dana Point, California. The session is scheduled to begin at approximately 10:15 a.m. Pacific...
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SPX Acquires AUTOBOSS
Sep 2, 2008
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SHANGHAI, China - September 2, 2008 - SPX Corporation (NYSE: SPW) today announced that its Service Solutions business unit has completed its acquisition of AUTOBOSS Tech, Inc., a Shenzhen, China-based manufacturer of diagnostic tools and equipment serving China's fast growing vehicle maintenance and repair market.
"This investment...
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SPX Corporation Announces Quarterly Dividend
Aug 28, 2008
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CHARLOTTE, NC - August 28, 2008 - SPX Corporation (NYSE: SPW) today announced that its board of directors has declared a quarterly dividend of $0.25 per common share payable on October 2, 2008, to shareholders of record on September 15, 2008.
SPX Corporation is a Fortune 500 multi-industry manufacturing leader. The company offers ...
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SPX Reports Second Quarter 2008 Results
Jul 30, 2008
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CHARLOTTE, NC - July 30, 2008 - SPX Corporation (NYSE:SPW) today reported results for the second quarter ended June 28, 2008:
Revenues increased 28.8% to $1.56 billion from $1.21 billion in the year-ago quarter. Organic revenue growth* was 3.7%, while completed acquisitions and the impact of currency fluctuations incre...
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SPX Service Solutions Awarded Global Contract with John Deere to Provide Vehicle Special Service Tools
Jul 23, 2008
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CHARLOTTE, NC - July 23, 2008 - SPX Corporation (NYSE: SPW) today announced that its Service Solutions business was awarded a five-year, renewable contract from John Deere (NYSE: DE) to provide all special service tools used throughout John Deere's complete global dealer network.
"We are a long-time supplier to John Deere and have...
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SPX to Report Second Quarter Results on July 30
Jul 9, 2008
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CHARLOTTE, NC - July 9, 2008 - SPX Corporation (NYSE: SPW) today announced that it will release its second quarter 2008 results on Wednesday, July 30, 2008. Chris Kearney, Chairman, President and Chief Executive Officer and Patrick O'Leary, Executive Vice President and Chief Financial Officer will hold a conference call at 8:30 a.m. Easte...
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