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SPX to Provide Cheese Plant to Largest Dairy Cooperative in Chile

Carolina Headlines - Manufacturing

CHARLOTTE, NC – SPX Corporation (NYSE: SPW) today announced that its Flow Technology segment has been awarded a contract valued at more than US$19 million to custom design and install a cheese plant for Colun, one of Chile's largest dairy companies. The new state-of-the art facility is being constructed in La Union in southern Chile for the Cooperativa Agricola y Lechera de La Union Limitada (Colun). The Colun cooperative includes 750 farmers and 1,300 employees, collecting more than 1.2 million liters of milk daily and producing 240 dairy products for consumers in Chile and other countries. These include milk, cheeses, butter, yogurt, dulce de leche and other products.

"As the largest dairy cooperative in Chile, Colun is a leader in the growing South American market for dairy products," said Don Canterna, SPX Flow Technology segment president. "SPX has extensive experience in designing and installing food and dairy processing plants throughout the world. We look forward to leveraging our global footprint and dairy processing expertise to collaborate with the innovative team at Colun."

Design and engineering of the plant has already begun at the SPX Engineering Center in Silkeborg, Denmark, with construction scheduled to begin in mid-2011, and plant completion anticipated in the summer of 2012.

The new plant is expected to use SPX technologies, which help improve sustainability by enabling dairy companies to use excess whey and to recover water containing milk components that was previously washed away. SPX is also expected to provide ongoing service and support for the new facility.

SPX Flow Technology manufactures, engineers and installs components and turnkey solutions for the global food processing industry, leveraging its core product lines, including APV, Waukesha Cherry-Burrell, Gerstenberg Schroder and Anhydro.

About SPX

SPX Corporation (NYSE: SPW) is a Fortune 500 multi-industry manufacturing leader that provides its customers with highly-specialized, engineered solutions to solve critical business issues.

SPX products and technologies play an important role in the expansion of global infrastructure to help meet increased demand for power and energy and support many different sources of power generation, including coal and natural gas, nuclear, solar and geothermal. The company's innovative product portfolio, containing many energy efficient products, includes cooling systems for power plants throughout the world; highly advanced food processing components and turnkey, scalable systems serving the global food and beverage industry; process equipment that assists a variety of flow processes including oil and gas exploration, distribution and refinement and power generation; handheld diagnostic tools that aid in vehicle maintenance and repair; and power transformers that allow utility companies to regulate electric voltage, transmission and distribution.

With headquarters in Charlotte, North Carolina, SPX has 15,000 employees in more than 35 countries worldwide. Visit http://www.spx.com.

Certain statements in this press release including any statements relating to fulfillment of the terms of the referenced contract, may be 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 refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release. The word "expected," "anticipated," "designed," "configured" and similar expressions may identify forward-looking statements. 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. Statements in the press release speak only as of the date of this press release, and SPX disclaims any responsibility to update or revise such statements.

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