SPX Corporation Wind-Down of South African Operation

SPX Corporation is winding down its South African operation, which is reported in the 'Other' operating segment. The wind-down has led to a decline in volumes and a diminishing impact on long-term operating results.

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

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