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Thermal Product Solutions Acquires Tiros
Corp.
WATERTOWN, WI - August 17, 2004 - SPX Thermal Product Solutions
(TPS) announced today that it has acquired Tiros Corporation
of Tempe, Arizona. Tiros is a leader in the design and manufacture
of automated thermal curing systems for the electronics and
semiconductor industries.
"We are excited about the addition of Tiros to the TPS
team. The Tiros product line and technology will complement
existing products and will expand our international presence.
As a recognized industry leader, Tiros has proven technology
development and worldwide deployment successes that will enhance
TPS's growth efforts," said Jim Peters, President of
SPX Product Solutions Group.
Commenting on the acquisition TPS President, Ed Osborn said,
"The addition of the Tiros leadership team, and its international
customer service facilities will make Tiros' integration a
seamless operation driving aggressive growth and innovation."
Thermal Product Solutions is a long established leader of
thermal processing and test solutions. The combined product
lines manufactured by TPS feature:
- Blue M - industrial ovens and environmental test equipment
- Gruenberg - custom industrial ovens and pharmaceutical
sterilizers/dryers
- Kayex - crystal growing equipment
- Lindberg - heat treat industrial furnaces
- Lindberg MPH - non-ferrous melting equipment/launder systems
- Tenney/Lunaire - environmental chambers and rooms, stability
and shelf life products
- Tiros - automated vertical and inline thermal systems
and solutions.
More information about TPS is available on its website at
www.thermalproductsolutions.com
SPX Corporation is a global provider of technical products
and systems, industrial products and services, flow technology,
cooling technologies and services, and service solutions.
The Internet address for SPX Corporation's home page is www.spx.com.
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