SPX Corporation is a global, multi-industry manufacturer of specialized, engineered solutions with operations in over 35 countries and sales in over 150 countries globally. The Company segments include: Flow Technology and Thermal Equipment and Services. During the year ended December 31, 2012, the Company�s Flow Technology segment accounted for approximately 53% of its revenues with investments in food and beverage, oil & gas, power generation and industrial flow markets. Its power and energy infrastructure products include cooling systems, large scale stationary and rotating heat exchangers and pollution control systems. The Company is a supplier of medium power transformers for the United States market. The medium power transformers it manufactures range from a base rating of 10 mega volt ampere to 100 mega volt ampere. In March 2014, the Company announced that it has completed the sale of Thermal Product Solutions (TPS) business to Resilience Capital Partners.