SPX Secures Contract From Biocom - Quick Facts

(RTTNews) - SPX Corp. (SPW), a provider of specialized engineered solutions, Tuesday announced that it has been awarded a contract worth more than $28 million to help Biocom Ltd., to establish Nesvizh Baby Food Factory in The Republic of Belarus.

Under the terms of the contract, SPX has agreed to provide Biocom with a turnkey dairy processing system featuring an extensive portfolio of SPX solutions utilizing ultrafiltration and infusion technologies.

Biocom expects the new baby food factory to be export-oriented with sufficient capacity to process 500 tons of milk per day.

The Nesvizh Baby Food Factory is the second SPX Biocom project since 2013, and is projected to become fully operational in either late 2015 or 2016.