Nature of business SPX solutions play a vital role in global infrastructure expansion to help meet increased demand for electricity, and in helping food and beverage producers increase their capacity to more efficiently deliver greater quantities of safer, higher quality products. Our long-term strategy is focused on serving these two core end markets in emerging, as well as developed countries, through our two largest business segments: Flow Technology and Thermal Equipment and Services. SPX associates work collaboratively across business segments and borders to deliver greater efficiencies and better ideas for helping our customers succeed and grow their businesses. At SPX, imagination and innovation are as valued as product reliability and profitability. We continuously pursue new and better ways of thinking and working, and collaborating with our customers around the world. A growing world requires more food. At the same time, manufacturers seek food processing technologies and other solutions to help cope with rising transport costs, increased government regulations, food safety concerns and changing consumer tastes. At SPX, we understand the market drivers, trends and obstacles impacting the food and beverage industry. As the world grows, so does its need for electricity ? and more sustainable energy production. SPX is helping to meet that demand with a broad range of high-quality, custom-engineered systems and components that can also help improve efficiency and reduce the use of natural resources.