SHANGHAI, April 6, 2016 /PRNewswire/ -- Consumer demand for high quality dairy and beverage products in the health and wellness space is growing. As a global provider of food processing equipment and solutions, SPX FLOW, Inc. has established its new Innovation Center in Shanghai to help producers create innovative dairy products and beverages that are both healthy and tasty. Customers using this facility can test new product formulations to help bring their creations to market more quickly, thereby potentially giving their business a competitive edge.
The SPX FLOW Innovation Center offers food and beverage manufacturers state-of-the-art facilities for the trialing and testing of new processes and recipes prior to full scale production. It includes a wide range of pilot thermal processing, mixing, dispersion, separation and other processing technologies for customers to establish optimum process conditions and help ensure their food and beverage products provide the necessary characteristics to meet consumer demands.
"Innovation in food and beverage processing is at the heart of SPX FLOW. The investment we have made in the new Shanghai facility is designed to support the growing nutritional beverage market in this region and give vital, local support to our customers," said Marc Michael, SPX FLOW President and CEO. "We are not just a technology supplier; we are a partner for growth and will continue to work hard to help define future markets as well as support them."
SPX FLOW has a long history in serving the food and beverage market and vast experience in food and beverage industry. Its continued research and development of technologies have enabled its customers to produce premium products more quickly at lower cost. The new center in Shanghai, in addition to SPX FLOW's existing centers in Denmark and France, is supported by local and global food, beverage and technology specialists that can help optimize processes, improve existing products, develop new products and ensure smooth scale-up to full production.
About SPX FLOW, Inc.:
Based in Charlotte, North Carolina, SPX FLOW is a leading global supplier of highly engineered flow components, process equipment and turn-key systems, along with the related aftermarket parts and services, into the food and beverage, power and energy and industrial end markets. SPX FLOW has more than $2 billion in annual revenues and approximately 8,000 employees with operations in over 35 countries and sales in over 150 countries around the world. To learn more about SPX FLOW, please visit our website at www.spxflow.com.
Certain statements in this press release, including any relating to impacts of the Innovation Center, are 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 read these results in conjunction with the company's documents filed with the Securities and Exchange Commission, including the company's annual reports on Form 10-K, and any amendments thereto, and quarterly reports on Form 10-Q. These filings identify important risk factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements. Actual results may differ materially from these 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. In addition, estimates of future operating results are based on the company's current complement of businesses, which is subject to change. Statements in this press release speak only as of the date of this press release, and SPX FLOW disclaims any responsibility to update or revise such statements.
Investor and Media Contact:
Ryan Taylor, Vice President, Communications, Market Insights and Financial Planning
Phone: 704-752-4486
E-mail: investor@spxflow.com
APAC Contact:
Annie Zhang, Marketing & Communications Manager, APAC
Food and Beverage
Phone: +86 21 2208 5695
Email: annie.zhang@spxflow.com
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SOURCE SPX FLOW, Inc.
