SPX Announces Sale of DeZurik Product Line
Friday, January 30, 2009
SPX Corp. announced that it has sold the
remaining portion of its DeZurik product line to Sartell Valves Inc., a
Minnesota-based water and wastewater treatment company. Formerly part of SPX's
flow technology segment, this DeZurik product line of industrial valves was
previously reported as a discontinued operation at the end of the third quarter
2008.
In an earlier transaction at the end of 2004, SPX sold to
Sartell Valves Inc. a separate line of DeZurik valves aimed at the water and
wastewater treatment industries. The terms of the sale were not disclosed. More…
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