Press Release

New Marley® NC Everest™ Cooling Tower Combines Industrial-Grade Materials and Construction with Unmatched Cooling Capacity to Meet Demands of Power and Heavy Industrial Applications

Pre-assembled tower takes cooling to a higher level with faster delivery and installation coupled with up to 50% more cooling capacity per cell and 20% reduction in pump energy

Overland Park, KS – SPX Cooling Technologies, Inc., a full-line, full-service industry leader in the design and manufacture of evaporative and air-cooled heat exchangers, announces the new Marley NC Everest Cooling Tower, a pre-assembled, crossflow evaporative cooling system that offers a viable alternative to field-erected towers. The NC Everest provides the highest cooling capacity available in a pre-assembled cooling tower and reduces pump energy up to 20 percent.

NC Everest typically delivers with 60 percent shorter lead time and installs in about 20 percent of the time than field-erected towers to get operations up and running faster. The design and field assembly process reduces on-site labor and work duration for a safer work environment. NC Everest provides more site placement options and typically uses up to 10 percent less plan area than field-erected towers.

Built with industrial-strength materials and engineered to withstand the rigors of power and heavy industrial applications, the NC Everest features a heavy gauge steel structure, Marley Geareducer®, and robust mechanical components. The integral cold water basins eliminate costly concrete basin construction. Seven-foot doors provide access to the tower’s interior service decks and mechanical components, making routine inspections and maintenance safer and easier.

Featuring the new, patent-pending MarKey™ Drift Eliminator, the NC Everest Cooling Tower achieves the lowest measureable drift, down to 0.0005 percent of circulating water flow, so less water escapes the tower.

The NC Everest is Factory Mutual approved for use without a fire protection system to allow more affordable operation insurance.

For more information on this innovative cooling tower, visit http://spxcooling.com/nceverest

About SPX Cooling Technologies, Inc.:

SPX Cooling Technologies, Inc. is a leading global manufacturer of cooling towers, evaporative fluid coolers, evaporative condensers and air cooled heat exchangers providing full-service cooling solutions and support to customers in the power generation, petrochemical, industrial, refrigeration, and heating, ventilation and air conditioning (HVAC) markets for more than 100 years. For more information, visit www.spxcooling.com. SPX Cooling Technologies and its product brands are part of SPX Corporation.

About SPX Corporation:

Based in Charlotte, North Carolina, SPX Corporation is a leading supplier of highly engineered HVAC products, detection and measurement technologies and power equipment. With operations in about 20 countries, SPX Corporation had approximately $1.7 billion in annual revenues and approximately 6,000 employees worldwide in 2015. SPX Corporation is listed on the New York Stock Exchange under the ticker symbol, “SPXC.” For more information, please visit www.spx.com.