Wednesday, September 1, 2010

SPX appoints Raj Kapur as GM of SPX India and Africa

CHARLOTTE, USA: SPX Corp. announced the appointment of Raj Kapur as GM of SPX India and Africa. Kapur comes to SPX from Dow Corning where he spent more than 30 years, most recently serving as chairman and managing director of Dow Corning India Pvt Ltd.

In this newly created position, Kapur will be responsible for directing and overseeing SPX's overall growth and expansion efforts in India, as well as the African continent. In doing so, he is expected to work closely with other business segment leaders to drive the continued international expansion of SPX's broad array of businesses serving the energy infrastructure, process equipment and vehicle service end markets.

"The rapidly developing markets of India and Africa present significant opportunities for our businesses serving the energy, food and transportation industries, and are central to our overall expansion strategy," said SPX chairman, president and CEO, Christopher J. Kearney.

"Raj's extensive leadership skills and local experience, coupled with his proven ability to build market leadership and efficiently manage a growing sales force, make him the ideal person to help us further elevate our presence in these important regions of the world."

One of Kapur's first priorities will be to build out SPX's local sales force and workforce in India, which now totals approximately 200 employees. He also will be responsible for identifying potential strategic acquisitions and alliances similar to the joint venture SPX established last year with Thermax Ltd, a leader in energy and environmental management based in Pune, India.

That joint venture is currently marketing SPX's pollution control and heat transfer technologies to power producers in India and other countries in Southeast Asia.

Additionally, Kapur will seek to expand SPX's growing footprint in Africa. The company currently has a significant presence in South Africa, supplying cooling towers and thermal components for new and existing power plants, including two massive new power stations: Medupi and Kusile. SPX has approximately 400 employees working for its businesses in the region.

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