Christopher J. Kearney, Chairman, President and Chief Executive Officer
of SPX Corporation, recently visited Shanghai this week to express his companys strong commitment
to China and its plans to
further expand business in China
and the Asia Pacific Region.
After operating in China
for 16 years, SPX set up its Asia Pacific Center
in Shanghai
earlier this year to further accelerate its business growth, reveals the
companys press release. With enormous growth in the last few years, SPX is now
running 12 plants, 18 project sites and sales and sourcing operations with
about 3,000 employees across China,
said Chris Kearney. Its Asia Pacific Center
in Shanghai features the first global R&D
facility of SPX, which underscores the companys investment in Chinas
technological advancement through local research, talent procurement, training
and knowledge-sharing.
In China,
SPX provides high quality innovative solutions for Flow Technology, Test and
Measurement, Thermal Equipment and Services, and Industrial Products and
Services. The company is involved in a number of important infrastructure
projects in this Asian country, such as a contract from Westinghouse Electric
Co. to design and engineer valves for four new nuclear power plants in China. SPX also
received an agreement from Chinas
State Nuclear Power Technology Corporation (SNPTC) to provide training and
technical expertise for these plants. These two contracts are valued at
approximately $13 million.