SPX Corporation

Charlotte, United States Founded: 1988 • Age: 38 yrs
Engineered products for HVAC and detection markets are supplied.
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About SPX Corporation

SPX Corporation is a company based in Charlotte (United States) founded in 1988.. The company has 4,300 employees as of December 31, 2024. SPX Corporation has completed 23 acquisitions, including ASPEQ Heating Group, CUES and Carmanahobstruction.com. SPX Corporation offers products and services including HVAC Cooling Systems and Detection and Measurement Tools.

  • Headquarter Charlotte, United States
  • Employees 4300 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Spx Technologies, Inc.
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Key Metrics
  • Annual Revenue
    $1.98 B
    13.94
    as on Dec 31, 2024
  • Net Profit
    $201.8 M
    39.46
    as on Dec 31, 2024
  • EBITDA
    $415.5 M
    38.36
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    4300

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of SPX Corporation

SPX Corporation is a publicly listed company on the NYSE with ticker symbol SPXC in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: SPXC . Sector: Producer manufacturing · USA

Products & Services of SPX Corporation

SPX Corporation offers a comprehensive portfolio of products and services, including HVAC Cooling Systems and Detection and Measurement Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cooling solutions are provided for industrial applications, including products from Marley and Recold.

Tools for location and inspection are supplied, such as those from Radiodetection and Pearpoint.

People of SPX Corporation
Headcount 10000+
Employee Profiles 165
Board Members and Advisors 1
Employee Profiles
People
Tim Osullivan
Senior Project Manager
People
Kim K.
Vp, HR Operations
People
Mitchell Byrnes
Sr. Finance Director
People
Steve Ackermann
Assistant General Counsel, Labor And Employment

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Funding Insights of SPX Corporation

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by SPX Corporation

SPX Corporation has strategically engaged in corporate development activities, having acquired 23 companies. Notable acquisitions include ASPEQ Heating Group, CUES and Carmanahobstruction.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar LED airfield lighting systems are provided for aviation use.
2018
Marine and Offshore solutions developer
2012
Electric heating equipment is manufactured for industrial applications.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - SPX Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Spx Corporation Comparisons

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Competitors of SPX Corporation

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Spx Corporation

Frequently Asked Questions about SPX Corporation

When was SPX Corporation founded?

SPX Corporation was founded in 1988.

Where is SPX Corporation located?

SPX Corporation is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

How many employees does SPX Corporation have?

As of Dec 31, 2024, the latest employee count at SPX Corporation is 4,300.

What is the annual revenue of SPX Corporation?

Annual revenue of SPX Corporation is $1.98B as on Dec 31, 2024.

What does SPX Corporation do?

SPX Corporation was founded in 1988 and is headquartered in Charlotte, United States. Engineered products and technologies are provided for the HVAC and detection sectors. Operations focus on heating, ventilation, and air conditioning systems, including cooling solutions, air movement equipment, and heating devices. Detection and measurement tools, such as navigation aids and radio systems, are also offered. These items support multiple industries across various applications globally.

What products or services does SPX Corporation offer?

SPX Corporation offers HVAC Cooling Systems and Detection and Measurement Tools.

Is SPX Corporation publicly traded?

Yes, SPX Corporation is publicly traded on NYSE under the ticker symbol SPXC.

How many acquisitions has SPX Corporation made?

SPX Corporation has made 23 acquisitions, including ASPEQ Heating Group, CUES, and Carmanahobstruction.com.

What is SPX Corporation's ticker symbol?

The ticker symbol of SPX Corporation is SPXC on NYSE.

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