@spx.com
SPX Technologies, based in Charlotte, NC, is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC, detection and measurement, and engineered solutions markets.
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SPX Corporation is a diversified, global supplier of infrastructure equipment. It was founded in 1912 as the Piston Ring Company and later changed its name to SPX Corporation in 1985. The company is headquartered in Charlotte, North Carolina, United States.
SPX Corporation operates through three main segments: HVAC, Detection & Measurement, and Engineered Solutions. Under HVAC, the company manufactures and sells cooling towers, air filtration products, and HVAC systems. Detection & Measurement segment produces equipment for food and beverage processing, as well as power and energy industries.
Engineered Solutions encompass offerings such as power transformers, fueling systems, and fluid handling solutions. The company has a strong global presence, with operations in over 17 countries and sales to customers in more than 150 countries. SPX Corporation has several noteworthy subsidiaries, joint ventures, and partnerships.
For example, it owns SPX Flow, which specializes in fluid handling solutions, and SPX Transformer Solutions, a leading manufacturer of power transformers. It also has joint ventures with Power Team and Shanghai Electric. In terms of market position, SPX Corporation is a prominent player in the global infrastructure equipment industry.
It competes with other major companies such as Ingersoll-Rand and Flowserve Corporation. With its diversified product portfolio and global reach, SPX Corporation has been able to maintain a strong position in the market. Over the years, the company has achieved significant milestones and made notable changes to its brand's strategy.
In 2015, SPX Corporation completed the spin-off of its flow business into a separate public company, SPX Flow. This strategic move allowed the company to sharpen its focus on its core businesses and unlock shareholder value. As of the latest known information, SPX Corporation continues to operate as a global supplier of infrastructure equipment.
It remains committed to providing innovative and reliable solutions to its customers. However, specific updates or key information beyond this is not available. In summary, SPX Corporation is a diversified infrastructure equipment supplier based in the United States.
It offers various products and services across multiple segments and has a global presence. With a history dating back to 1912, the company has firmly established itself as a leading player in the industry. While information on the latest updates or current status is not available, SPX Corporation's commitment to its customers and its strategic positioning continue to drive its growth and success
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