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  • American City Business Journals3 months ago

    SPX Flow sees troubles — and possibly divestitures — in its energy division

    SPX Flow, spun out of SPX Corp. just a year ago, may have businesses to sell in its troubled Power and Energy division, CEO Marc Michael told and investor conference on Thursday. Its industrial products and food and beverage divisions are places SPX Flow would be more likely to make niche acquisitions, when the balance sheet allows it. SPX Flow has seen weakness across all three of its business lines, as the company acknowledged a week ago in its third-quarter earnings call .

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