SPX Awarded Contract to Establish Powdered Infant Formula Plant in France for Production of Exports to China Market

SPX Awarded Contract to Establish Powdered Infant Formula Plant in France for
                    Production of Exports to China Market

PR Newswire

CHARLOTTE, N.C., Dec. 17, 2013

CHARLOTTE, N.C., Dec. 17, 2013 /PRNewswire/ -- SPX Corporation (NYSE: SPW)
today announced that it has been awarded a contract valued in excess of $50M
from Synutra France International, a subsidiary of Synutra International Inc.,
one of the leading infant nutrition companies producing and supplying in
China. The contract is to establish a powdered infant formula processing plant
that will utilize SPX Flow Technology process systems to convert milk and
other ingredients into high quality powdered infant formula and other whey
protein powdered products for export to China.

This new greenfield dairy facility will be constructed in the Brittany region
of France. SPX will design and install all of the highly advanced, automated
systems needed to convert fresh milk and whey into dry powdered ingredients
and infant formula, including highly sophisticated wet and dry food processing
technologies from SPX's APV and Anhydro brands. The completed facility is
scheduled to be operational sometime in 2015.

"China's growing population and expanding middle class are helping to drive
increased demand for high quality powdered infant formula," said Marc Michael,
president of SPX Flow Food & Beverage. "The construction of this new powdered
infant formula plant in France will allow us to further demonstrate our deep
expertise in liquid dairy and dry powder processing systems, and promises to
add to our growing portfolio of successful dairy facility engineering projects
around the world."

With global dairy consumption on the rise, particularly in emerging markets,
SPX is helping producers of milk and other dairy products, including baby
formula, expand the capacity of their production plants and deliver safe,
high-quality products. SPX has decades of dairy industry expertise, and today
is able to help customers build state-of-the-art plants by providing
everything from system design, manufacturing, installation and commissioning
to equipment maintenance and operator training. The company can design and
produce the equipment and technology, as well as package them as full line
automated solutions for the processing of everything from liquid milk, yogurt,
cheese and whey products, to butter, milk powders and baby foods.

About SPX

Based in Charlotte, North Carolina, SPX Corporation (NYSE: SPW) is a global
Fortune 500 multi-industry manufacturing leader with approximately $5 billion
in annual revenue, operations in more than 35 countries and over 14,000
employees. The company's highly-specialized, engineered products and
technologies are concentrated in Flow Technology and energy infrastructure.
Many of SPX's innovative solutions are playing a role in helping to meet
rising global demand for electricity and processed foods and beverages,
particularly in emerging markets. The company's products include food
processing systems for the food and beverage industry, critical Flow
components for oil and gas processing, power transformers for utility
companies, and cooling systems for power plants. For more information, please
visit www.spx.com.

Certain statements in this press release are forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934, as amended,
and are subject to the safe harbor created thereby. Please read this press
release in conjunction with the company's documents filed with the Securities
and Exchange Commission, including the company's annual reports on Form 10-K,
and any amendments thereto, and quarterly reports on Form 10-Q. These filings
identify important risk factors and other uncertainties that could cause
actual results to differ from those contained in the forward-looking
statements. Actual results may differ materially from these statements.
Forward-looking statements include any statements with respect to performance
under the contract or of the plant subsequent to its completion. Although the
company believes that the expectations reflected in its forward-looking
statements are reasonable, it can give no assurance that such expectations
will prove to be correct. In addition, estimates of future operating results
are based on the company's current complement of businesses, which is subject
to change. Statements in this press release speak only as of the date of this
press release, and SPX disclaims any responsibility to update or revise such
statements.

SOURCE SPX Corporation

Website: http://www.spx.com
Contact: Ryan Taylor (Investors), 704-752-4486, E-mail: investor@spx.com,
Jennifer H. Epstein (Media), 704-752-7403, E-mail: jennifer.epstein@spx.com
 
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