News and Press Releases

Global Factory Assembled Products Price Increase

Overland Park, Kan., June 18, 2007 – SPX Cooling Technologies announced today a global price increase of 15% on all stainless steel Marley and Recold branded factory assembled cooling towers and options. This increase is due to continued escalating costs associated with stainless steel.

About SPX Cooling Technologies

Based in Overland Park, Kansas, SPX Cooling Technologies, which is made up of SPX Cooling Technologies, Inc. and other SPX Corporation affiliates, is a world-leading manufacturer of cooling towers and air-cooled heat exchangers. The business designs, manufactures and markets wet, dry, and hybrid technologies for power generation, industrial, refrigeration, and HVAC markets worldwide. SPX Cooling Technologies is a full-line, full-service business offering complete design engineering, construction, thermal enhancements/productivity, reconstruction services, and cold-water outsourcing. For more information about SPX Cooling Technologies and its products, visit http://www.spxcooling.com. SPX Corporation is a global provider of technical products and systems, industrial products and services, flow technology, cooling technologies and services and service solutions. The internet address for SPX Corporation’s home page is http://www.spx.com.