Ranks #43 on Annual List of America's Best Companies
CHARLOTTE, N.C., May 13 /PRNewswire-FirstCall/ -- SPX Corporation
(NYSE: SPW) today announced that it has been named to the Barron's 500, the
financial magazine's annual list of "America's Best Companies" for 2008.
The Barron's 500 ranks the largest (by sales) publicly traded companies
in the United States and Canada with the best record of boosting their
sales and cash flow. SPX ranked #43 overall, earning a cumulative
grade-point average of 3.25 out of a possible 4.0. The Barron's 500
rankings, including detailed information about the methodology, can be
found in the May 12 issue of Barron's and at http://www.barrons.com .
"The fact that SPX ranked among the top 50 companies in this year's
Barron's 500 is extremely gratifying, and points to the significant growth
and positive momentum we have achieved over the past year," said Chris
Kearney, Chairman, President and Chief Executive Officer of SPX. "The
foundation for SPX's success has been the commitment to excellence our
employees demonstrate each day, and it is their hard work and dedication
that will continue to drive SPX in the years ahead."
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 food and
beverage manufacturing, oil and gas exploration, distribution and
refinement and power generation; 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 30 countries. Visit http://www.spx.com .
SOURCE SPX Corporation
 back to top
Related links:
http://www.spx.com
http://www.barrons.com
CONTACT:
Investors, Jeremy W. Smeltser,
+1-704-752-4478, investor@spx.com, Media, Jennifer H. Epstein,
+1-704-752-7403, jennifer.epstein@spx.com, both of SPX
Corporation
|
