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Home arrow Archive Company News arrow October 2007 arrow SPX's CEO visits China to confirm strong commitment and further expansion in the region
SPX's CEO visits China to confirm strong commitment and further expansion in the region PDF Print E-mail
Friday, 19 October 2007

Christopher J. Kearney, Chairman, President and Chief Executive Officer of SPX Corporation, recently visited Shanghai this week to express his company’s strong commitment to China and its plans to further expand business in China and the Asia Pacific Region.


spx, growth, agreementAfter 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 company’s 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 company’s investment in China’s 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 China’s State Nuclear Power Technology Corporation (SNPTC) to provide training and technical expertise for these plants. These two contracts are valued at approximately $13 million.




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