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SPX Sells Material Handling Business; Increases Focus on Strategic Growth Platforms.

Publication: PR Newswire
Publication Date: 27-OCT-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SPX Corporation today announced that it has completed the sale of Stock Equipment ("Stock"), including the Stock, Solvera, and Redler product lines from its specialty engineered products platform, to a company owned and operated by Riverlake Partners LLC. Stock has annual revenues of approximately $50 million.

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