CHARLOTTE, N.C., July 23 /PRNewswire-FirstCall/ -- 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 the expertise to
provide an end-to-end system to manage their special service tools
program," said David Kowalski, SPX segment president. "We are excited about
expanding our partnership with Deere, and our user-friendly, comprehensive
system will help ensure that their technicians have all the tools they need
to provide exceptional service," he added.
SPX Service Solutions has agreed be the exclusive provider for Deere's
SERVICEGARD program, through which Deere's dealers procure essential
service tools. SPX has also agreed to implement its Service Readiness
System, a web-based ordering and tool management system for Deere's global
dealer network.
Kowalski noted that SPX's global reach is well-suited for John Deere's
growth.
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 power
plants throughout the world; custom engineered process equipment that
assists 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 more than
17,000 people worldwide in over 35 countries. Visit http://www.spx.com . (NYSE:
SPW)
Certain statements in this press release, including any statements
relating to timing or other aspects or terms of the referenced agreement,
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," "agreed" 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
 back to top
Related links:
http://www.spx.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
|
