SPX To Sell Bomag Unit

Stephen Ursery, Editor, Waste Age Magazine

November 2, 2004

1 Min Read
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Charlotte, N.C. — SPX Corp., Charlotte, N.C., has announced that it has reached an agreement to sell its Bomag unit to Bordeaux, France-based Fayat for approximately $446 million in cash. The sale is expected to close in the fourth quarter of 2004.

Bomag is a manufacturer of heavy and light equipment for soil, asphalt and refuse compaction.

About the Author

Stephen Ursery

Editor, Waste Age Magazine, Waste360

Stephen Ursery is the editor of Waste Age magazine. During his time as editor, Waste Age has won more than 20 national and regional awards. He has worked for Penton Media since August 1999. Before joining Waste Age as the magazine's managing editor, he was an associate editor for American City & County and for National Real Estate Investor.

Prior to joining Penton, Stephen worked as a reporter for The Marietta Daily Journal and The Fulton County Daily Report, both of which are located in metro Atlanta.

Stephen earned a BA in History from Rhodes College in Memphis, Tenn.

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