SPX To Design Natural Draft Cooling Towers For New England's Largest Coal-Fired Power Plant
July 27 2009 - 8:15AM
PR Newswire (US)
Hyperbolic Natural Draft Cooling Towers Will Help Massachusetts's
Brayton Point Power Station Reduce Its Water Usage and Comply with
EPA Mandate CHARLOTTE, N.C., July 27 /PRNewswire-FirstCall/ -- SPX
Corporation (NYSE: SPW) today announced that its Thermal Equipment
and Services segment has been awarded a contract in excess of $30
million to design two natural draft cooling towers, including the
design, manufacturing and installation of the towers' internal heat
transfer system, for Dominion Generation-owned Brayton Point Power
Station in Somerset, Massachusetts. In 2003, the U.S. EPA and the
Commonwealth of Massachusetts issued a new permit for Brayton Point
that set strict limits for the facility's withdrawal of cooling
water from, and its discharges of heated wastewater to, nearby
Mount Hope Bay. The new cooling system will be designed to reduce
the amount of water drawn from Mount Hope Bay to cool the plant's
four generating units and help the plant meet the EPA's new
mandate. SPX's contract was secured from privately-held Kiewit
Corporation. Plans call for Kiewit to finish building the tower
shells and SPX to complete the installation of the internal wet
cooling system. The Brayton Point Power Station's new cooling
system will feature the first natural draft cooling towers
constructed in the U.S. in more than 14 years. "Brayton Point's new
cooling system is designed to deliver numerous benefits beyond
sharply reducing its water intake and achieving EPA compliance,"
said Drew Ladau, SPX segment president. With a capacity of 1,600
mega-watts, Brayton Point Power Station is New England's largest
coal-powered generating station, supplying approximately 16 percent
of the electricity used in Massachusetts and eight percent of the
electricity needs of New England. SPX's Thermal Equipment and
Services segment is a leading provider of wet, dry and hybrid
cooling towers, heat exchanges, air and flue gas systems and filter
systems, utilized by thousands of power stations and plants in more
than 60 countries across six continents. The segment's broad
offering enables the maintaining, refurbishing, upgrading and
modernizing of power stations, and includes a wide range of
aftermarket services and solutions. With more than 100 years
experience designing and constructing natural draft cooling towers
up to 655 feet in height, SPX has more than 275 natural draft
concrete hyperbolic cooling towers installed and operating
worldwide. About SPX SPX Corporation is a Fortune 500
multi-industry manufacturing leader. The company offers
highly-specialized engineered solutions to solve critical problems
for customers. SPX is focused on providing solutions that support
the expansion of global infrastructure, with particular emphasis on
the growing worldwide demand for energy and power. Its innovative
product portfolio, containing many energy efficient products,
includes cooling systems for power plants throughout the world;
custom engineered process equipment that assists a variety of flow
processes including food and beverage manufacturing, oil and gas
exploration, distribution and refinement and power generation;
handheld diagnostic tools that aid in vehicle maintenance and
repair; and power transformers that regulate voltage for electrical
transmission and distribution by utility companies. SPX is
headquartered in Charlotte, North Carolina and has employees in
over 40 countries worldwide. Visit http://www.spx.com/. (NYSE:SPW)
Certain statements in this press release including any statements
relating to fulfillment of the terms of the referenced contracts,
may be forward-looking statements within the meaning of Section 21E
of the Securities Exchange Act of 1934, as amended, and are subject
to the safe harbor created thereby. Please refer to our public
filings for a discussion of certain important factors that relate
to forward-looking statements contained in this press release. The
word "expected," "anticipated" and similar expressions may identify
forward-looking statements. Although the company believes that the
expectations reflected in its forward-looking statements are
reasonable, it can give no assurance that such expectations will
prove to be correct. Statements in the press release speak only as
of the date of this press release, and SPX disclaims any
responsibility to update or revise such statements. DATASOURCE: SPX
Corporation CONTACT: Ryan Taylor (Investors), +1-704-752-4486, , or
Jennifer H. Epstein (Media), +1-704-752-7403, , both of SPX
Corporation Web Site: http://www.spx.com/
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