CHARLOTTE, NC — SPX Corporation announced that it has completed the acquisition of certain assets and subsidiaries of Balcke Cooling Products Group from Babcock Borsig AG.
John B. Blystone, chairman, president, and CEO of SPX Corporation, stated, “The combination of our Marley Cooling Technologies business with Balcke Cooling Products will create a world class platform with operations in the Americas, Asia and Europe. Together, the combined entity will have a comprehensive portfolio of wet and dry cooling technologies to more effectively serve the needs of our customer base.”