CHARLOTTE, N.C., April 22 /PRNewswire-FirstCall/ -- SPX Corporation
(NYSE: SPW) today announced that its Service Solutions business has been
selected by the Ford Motor Company to support the centralization of owner
guides across Asia Pacific and Africa.
"We are a content management partner to Ford and have the expertise to
provide a quality transition for its owner guides," said David Kowalski,
segment president, SPX. "We are excited about the opportunity to work with
Ford and its markets in Asia Pacific and Africa, in delivering this
important centralization project," he added.
SPX plans to lead the project from Australia and coordinate with
Service Solutions' offices in Asia Pacific, Europe and the Americas. The
project is scheduled to begin in August. According to Kowalski, SPX Service
Solutions provides content management expertise to many global automotive
original equipment manufacturers (OEMs).
"We are undertaking this multi-year project to coordinate the content
of owner guides in our many markets in this region," said Mark Cruse,
Technical Support Operations Manager, Customer Service Operations, Ford
Asia Pacific and Africa. "This will help ensure consistency and synergy
across multiple vehicle platforms and configurations, and will ultimately
help our markets to provide top quality information to vehicle owners.
"We have selected SPX Service Solutions as our partner for authoring,
translation, production and logistics. Its global presence and expertise in
all facets of automotive service makes it an ideal partner for this
venture," he added.
Current economic and market forecasting from industry sources predicts
800,000 to one million Ford vehicles will be in demand in Asia Pacific and
Africa markets over the next two years, with that number doubling by 2012.
Total OEM vehicle sales in these markets are forecasted to exceed 21
million in 2008.
SPX Service Solutions, headquartered in Southfield, Michigan and with
offices around the world, designs, manufactures and markets a fully
integrated family of global brands providing special service tools,
advanced diagnostic and shop equipment and technical information for
vehicle servicing and maintenance.
SPX Corporation is a Fortune 500 multi-industry manufacturing leader.
The company offers highly-specialized engineered solutions to solve
critical problems for customers.
SPX is focused on providing solutions that support the expansion of
global infrastructure, with particular emphasis on the growing worldwide
demand for energy and power. Its innovative product portfolio, containing
many environmentally friendly products, includes cooling systems for all
types of power plants throughout the world; custom engineered pumps, valves
and mixers that assist a variety of flow processes including oil and gas
exploration, distribution and refinement; handheld diagnostic tools that
aid in vehicle maintenance and repair; and power transformers that regulate
voltage for electrical transmission and distribution by utility companies.
SPX is headquartered in Charlotte, North Carolina and employs over
17,000 people worldwide in over 35 countries. Visit http://www.spx.com .
Certain statements in this press release, including any statements as
to market opportunities, 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 words
"scheduled," "planned" and similar expressions 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.
SOURCE SPX Corporation
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Related links:
http://www.spx.com
CONTACT:
Jeremy W. Smeltser (Investors),
+1-704-752-4478, investor@spx.com, or Jennifer H. Epstein
(Media), +1-704-752-7403, jennifer.epstein@spx.com, both of SPX
Corporation
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