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SPX Corporation (NYSE:SPW) announces today that it has completed the purchase of Gerstenberg Schroder, a leading designer, manufacturer, installer and servicer of processing systems and components serving the global food industry.
"The addition of Gerstenberg Schroder strengthens our growing process equipment business by expanding our global food processing technology, equipment offerings and systems capabilities," said SPX Chairman, President and Chief Executive Officer Christopher J. Kearney. "The acquisition also further enhances our design competencies for the turnkey, scalable food processing systems. Food manufacturers are increasingly seeking these kinds of systems to help optimize the production quality, efficiency, reliability and scale of their operations."
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