News | June 2, 2011

SPX To Provide Arla Foods Ingredients Of Denmark With Custom Dry Powder Food Processing Systems

New Line Designed to Help Boost Arla's Capacity To Increase Production of Powdered Whey Protein Products

Charlotte, NC /PRNewswire/ - SPX Corporation (NYSE: SPW) today announced that its Flow Technology segment has been awarded a contract to custom design, build and install a new powder processing line for Arla Foods Ingredients of Denmark. Utilizing SPX's highly advanced Anhydro brand drying technologies, the new systems are designed to help Arla increase its capacity to produce whey protein concentrates, and contribute to Arla's broader strategic goal of doubling its sales of powdered whey protein by 2015.

With more than 16,000 employees, Arla Foods is a global dairy company and cooperative owned by Danish and Swedish dairy farmers. The company's brands are sold in more than 100 countries, including core markets in Sweden, Denmark, Finland, the United Kingdom, Germany and the Netherlands.

"Through our 2010 acquisition of Anhydro and its broad portfolio of evaporation and drying solutions utilized by dairy and food producers worldwide, SPX is now a leading global supplier of dry powder processing systems and technologies," said Don Canterna, president of the SPX Flow Technology segment. "Increasing our competitive presence in Denmark is central to our overall growth strategy, so this newest contract with Arla Foods is a significant achievement. We look forward to working with Arla, and leveraging our proven engineering expertise and food processing technologies to help them reach their whey protein production goals for 2015."

"This newest project also builds on SPX's already strong working relationship with Arla Foods, which has previously trusted SPX to supply Anhydro dryer solutions to other Arla facilities located in Argentina and Denmark," Canterna added.

Dairy market research analysts are projecting increased demand for whey products in both mature and developing markets. Whey – the product remaining from cheese production – has properties beneficial to ice cream, yogurt, infant formula, dietary supplements for athletes, nutritional supplements, baked goods, snacks and other products. "Implementing new powder processing systems at our Danmark Protein plant in Norre Vium is a key step toward enabling us to double the production output of our whey business," said Henrik Andersen, Chief Executive Officer of Arla Foods Ingredients. "Having worked closely with SPX on other initiatives, and recognizing their expertise in dry powder processing, we are confident that these new systems equipped with SPX's Anhydro powder processing technologies will help us expand the capacity of our facilities and contribute to achieving our strategic goals."

About SPX
Based in Charlotte, North Carolina, SPX Corporation (NYSE: SPW) is a global Fortune 500 multi-industry manufacturing leader with nearly $5 billion in annual revenue, operations in more than 35 countries and approximately 15,500 employees. The company's highly-specialized, engineered products and technologies serve customers in three primary strategic growth markets: infrastructure, process equipment and diagnostic tools. Many of SPX's innovative solutions are playing a role in helping to meet rising global demand, particularly in emerging markets, for electricity, processed foods and beverages and vehicle services. The company's products include thermal heat transfer equipment for power plants; power transformers for utility companies; process equipment for the food & beverage industry; and diagnostic tools and equipment for the vehicle service industry. For more information, please visit www.spx.com/.

Certain statements in this press release including any statements relating to fulfillment of the terms of the referenced contracts, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. Please refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release. The word "expect," "believe" and similar expressions may identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Statements in the press release speak only as of the date of this press release, and SPX disclaims any responsibility to update or revise such statements.

SOURCE SPX Corporation

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