SPX Corp (NYSE:SPW)

106.77
Data as of Jul 24
 -0.23 / -0.21%
Today’s Change
73.15
Today|||52-Week Range
111.47
+7.19%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Industrial Conglomerates
MARKET CAP
$4.7B

Company Description

SPX Corp. manufactures and distributes industrial components. It offers a diverse collection of products, which include valves, fluid handling equipment, metering and mixing solutions, specialty service tools, diagnostic systems, service equipment and technical information services, cooling, heating and ventilation products, power transformers, and TV and radio broadcast antennas. The company's products are used by a broad array of customers in various industries, including food and beverage processing, power generation, chemical processing, pharmaceuticals, infrastructure, mineral processing, petrochemical, automotive service, telecommunications and transportation. It operates through four reportable segments: Flow Technology, Test and Measurement, Thermal Equipment and Services and Industrial Products and Services. The Flow Technology segment designs, manufactures and markets products and solutions that are used to process, blend, filter, dry, meter and transport fluids with a focus on creating innovative new products and systems, as well as providing comprehensive aftermarket support services. This segments primary offerings include engineered pumps, mixers, process systems, heat exchangers, valves, and dehydration and drying technologies. The Test and Measurement segment engineers and manufactures branded, technologically advanced test and measurement products used on a global basis across the transportation, telecommunications and utility industries. This segments technology supports the introduction of new systems, expanded services and sophisticated testing and validation. The Thermal Equipment and Services segment engineers, manufactures and services cooling, heating and ventilation products for markets throughout the world. Its products include dry, wet and hybrid cooling systems for the power generation, refrigeration, HVAC and industrial markets, as well as boilers, heating and ventilation products for the commercial and residential markets. The company's products include processing systems and equipment 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. This segment also provides thermal components for power generation plants and engineered services to maintain, refurbish, upgrade and modernize power stations. The Industrial Products and Services segment comprises businesses that design, manufacture and market power systems, industrial tools and hydraulic units, precision machine components for the aerospace industry, crystal growing machines for the solar power generation market, television, radio and cell phone and data transmission broadcast antenna systems, communications and signal monitoring systems, and precision controlled industrial ovens and chambers. The company was founded on December 20, 1911 and is headquartered in Charlotte, NC.

Contact Information

SPX Corp.
13320 Ballantyne Corporate Place
Charlotte North Carolina 28277
P:(704) 752-4400
Investor Relations:
(704) 752-4486

Employees

Shareholders

Other institutional52.42%
Mutual fund holders39.76%
Individual stakeholders21.48%

Top Executives

Christopher J. KearneyChairman, President & Chief Executive Officer
Jeremy W. SmeltserChief Financial Officer & Vice President
Kevin L. LillySecretary, Senior Vice President & General Counsel
Michael Andrew ReillyChief Accounting Officer, VP & Controller
David J. WilsonPresident-Flow Industrial Division

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