NEW YORK, Dec. 9, 2014 /PRNewswire/ -- KLX Inc. (NASD: KLXIV) will replace Civeo Corp. (NYSE: CVEO) in the S&P MidCap 400 after the close of trading on Tuesday, December 16. S&P MidCap 400 constituent B/E Aerospace Inc. (NASD: BEAV) is spinning off KLX in a transaction expected to be completed on that date. B/E Aerospace will remain in the S&P MidCap 400 following the distribution. Civeo is ranked near the bottom of the S&P MidCap 400 index.

KLX distributes aerospace fasteners and consumables. Headquartered in Wellington, FL, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Aerospace & Defense Sub-Industry index.

Following is a summary of the change:

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