SPXC 📈 SPX - Overview

SPX Technologies, Inc. is a global supplier of infrastructure equipment, catering to the heating, ventilation, and cooling (HVAC) markets, as well as the detection and measurement sectors. The company's operations are divided into two primary segments: HVAC and Detection and Measurement. The HVAC segment is responsible for designing, manufacturing, and servicing a range of products, including package and process cooling solutions, engineered air movement systems, boilers, heating, and ventilation products. These products are utilized in various industries, including industrial, power generation, residential, and commercial markets. The company's HVAC product portfolio is offered under a diverse range of brands, such as Marley, Recold, and Weil-McLain, among others.

The Detection and Measurement segment, on the other hand, focuses on providing specialized equipment and solutions for underground pipe and cable location, inspection, and rehabilitation. This segment also offers robotic systems, transportation systems, communication technologies, and obstruction lighting products. The company's Detection and Measurement products are marketed under brands like Radiodetection, Pearpoint, and Flash Technology. By leveraging its diverse portfolio of brands and products, SPX Technologies, Inc. is able to provide a comprehensive range of solutions to its customers, addressing their specific needs and requirements. The company's products are sold through a combination of independent manufacturing representatives, third-party distributors, retailers, and direct-to-customer channels.

With a history dating back to 1912, SPX Technologies, Inc. has established itself as a reputable player in the industrial machinery and supplies sector. The company, formerly known as SPX Corporation, underwent a name change to SPX Technologies, Inc. in August 2022. Headquartered in Charlotte, North Carolina, SPX Technologies, Inc. is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol SPXC. The company's common stock is classified under the GICS Sub Industry: Industrial Machinery & Supplies & Components, with the ISIN code US7846351044. For more information, investors and customers can visit the company's website at https://www.spx.com.