SPX Corporation Wind-Down of South African and Heat Transfer Operations

SPX Corporation is winding down its South African and SPX Heat Transfer operations, which are reported under the 'All Other' segment. These operations have a diminishing impact on the company's long-term operating results due to declining volumes.

“Due, in part, to certain wind-down activities, and the related decline in volumes, the South African and Heat Transfer operations have a diminishing impact on the Company's operating results over the long term.”

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