CHARLOTTE, N.C. and SCOTTSDALE, Ariz., Jan. 15, 2013 /PRNewswire/ -- SPX Corporation (NYSE : SPW ) today announced that the company will donate a customized 2013 Ford F-150 to be auctioned off at the 2013 Barrett-Jackson Collector Car Auction, being held this week in Scottsdale. All proceeds from the truck will benefit St. Jude Children's Research Hospital. In addition to donating the custom truck for auction, the company plans to match up to $50,000 in donations to the 'St. Jude Game Day. Give Back.' program.
For the fourth consecutive year, SPX is donating a vehicle to be put up for bid at the premier auto auction with the proceeds going directly to St. Jude's annual fundraising efforts. The highest bidder will attain the SPX "Tailgater Special," an exclusive 2013 Ford F-150 King Ranch specially designed by Galpin Auto Sports. SPX has helped raise more than $600,000 for the organization in the past three years.
"SPX is pleased to continue its relationship with St. Jude Children's Research Hospital and to have another opportunity to support its fundraising efforts in revolutionizing the treatment and prevention of children's catastrophic diseases," said Christopher J. Kearney, Chairman, President and Chief Executive Officer of SPX. "We're also thankful for the great people at Barrett-Jackson, Galpin Auto Sports, and Ford Motor Company for joining forces with us on another meaningful project, and look forward to awarding this vehicle to the highest bidder in Scottsdale."
SPX called upon Galpin Auto Sports to modify this special edition 2013 Ford F-150 King Ranch, which has been optimized to deliver the ultimate tailgate experience wherever it may go. The extraordinary truck features a 40" LCD television at the front of the truck bed, along with 21" flip-down televisions on the sides of the bed cover, a stainless steel BBQ on a moving bed slide with an adjacent stainless steel sink, a portable power generator, premium exterior audio system with touch-screen controls, an Xbox 360 in the rear bed, a custom-painted cooler in the center of the slide for food and drinks, and premium wheels and tires.
"The team at Galpin Auto Sports has delivered an incredible truck with fantastic modifications that we believe will appeal to bidders while raising as much money as possible for a great cause," Kearney added.
The auction is scheduled to take place on Friday, January 18, and will be televised live on the Speed Channel Cable Network at approximately 8:30 p.m. Mountain time, 10:30 p.m. Eastern time.
For more information on SPX at Barrett-Jackson over the past three years, as well as this year's "Ultimate Tailgate" truck, please visit www.spx.com/gameday.
About the Barrett-Jackson Auction – Scottsdale, AZ, January 13 - 20, 2013
For over four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service, and an unrivaled sales success. From classic and one-of-a-kind vehicles to exotics and muscle cars, Barrett-Jackson attracts only the best. The auction features approximately 1,000 of the world's finest collector and special-interest automobiles and is attended by approximately 200,000 collectors and enthusiasts from around the globe. For more information, please visit www.barrett-jackson.com/events/scottsdale/.
Based in Charlotte, North Carolina, SPX Corporation (NYSE : SPW ) is a global Fortune 500 multi-industry manufacturing leader with over $5 billion in annual revenue, operations in more than 35 countries and over 15,000 employees. The company's highly-specialized, engineered products and technologies are concentrated in Flow Technology and energy infrastructure. Many of SPX's innovative solutions are playing a role in helping to meet rising global demand for electricity and processed foods and beverages, particularly in emerging markets. The company's key products include food processing systems for the food and beverage industry, reciprocating pumps used in oil & gas processing, power transformers used by utility companies, and cooling systems for power plants. For more information, please visit www.spx.com.
Jennifer H. Epstein (Media)
Ryan Taylor (Investors)
SOURCE SPX Corporation