SPX Corporation recently announced that its SPX Heat Transfer Inc. subsidiary has entered into a definitive agreement with Connell Limited Partnership and Yuba Heat Transfer LLC (Yuba) to acquire substantially all the assets and certain liabilities of Yuba.

Founded in 1928 and based in Tulsa, Oklahoma, Yuba is a world-class designer, manufacturer and servicer of heat transfer equipment sold under the Yuba and Ecolaire brands, and one of the leading companies supplying heat transfer equipment to the power generation industry. Yuba's heat exchangers are utilized by nuclear, solar, geothermal, gas and coal power generation facilities.

"In fact, with Yuba's market presence and deep customer relationships in North America, we believe our businesses will be much better positioned to help the U.S. power industry address the pressing need to upgrade America's rapidly aging energy infrastructure", said SPX Chairman, President and Chief Executive Officer Christopher J. Kearney.

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