SPX Corp. has announced that its flow technology business has reached an agreement with Westinghouse Electric Co. to provide highly specialized squib valves for up to 12 new AP1000tm nuclear power plants in the USA and China. The contracts combined are valued in excess of USD 100 million. In China, the contracts are for four plants, two each for Sanmen Nuclear Power Co. Ltd and Shandong Nuclear Power Co. Ltd. These plants are to be constructed at the Sanmen and Haiyang sites. Construction is expected to begin in 2009, with the first plant becoming operational in late 2013.
