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SPX (NYSE: SPXC) — Company Overview, News & Financial Data

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Company profile

SPX

SPX is a supplier of engineered products and technologies focused on heating, ventilation, air conditioning, and detection and measurement solutions. Headquartered in Charlotte, North Carolina, the company manufactures cooling towers, commercial boilers, heat pumps, custom air-handling units, and electric heating systems. Its detection and measurement segment designs underground utility locators, pipe inspection equipment, communication monitoring tools, counter-unmanned aerial systems, and transit fare collection systems. The company serves industrial, commercial, residential, infrastructure, and public utility customers across North America, Europe, and Asia-Pacific through specialized manufacturing facilities and global distribution channels.

Snapshot

Public USOwnership
1912Year founded
1,001–5,000Employees
Charlotte, United StatesHead office
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Global footprint

Operations

Products and/or services of SPX

  • Cooling Solutions: Engineering and manufacturing of evaporative cooling towers, fluid coolers, and adiabatic heat rejection equipment for commercial HVAC, industrial refrigeration, power generation, and data center applications across North American and international markets.
  • Hydronic and Heating Equipment: Production of commercial and residential high-efficiency boilers, heat pumps, electric duct heaters, and specialty heating solutions distributed throughout North America for municipal, commercial buildings, and industrial facility installations.
  • Air Handling and Movement: Design and fabrication of custom air-handling units, engineered ventilation systems, and commercial air distribution equipment designed for healthcare facilities, education complexes, cleanrooms, and large commercial developments in North America.
  • Underground Location and Inspection: Manufacturing of electromagnetic cable and pipe locators, precision transmitters, robotic pipeline video inspection systems, and underground utility mapping technologies used by municipal utilities, civil contractors, and telecom operators globally.
  • Communication Technologies: Development of RF spectrum monitoring systems, signals intelligence equipment, direction-finding solutions, and counter-unmanned aerial system architecture supplied to defense organizations, government agencies, and critical infrastructure operators worldwide.
  • Fare Collection Systems: Production and integration of automated transit fare collection kiosks, IoT-enabled ticket vending machines, and electronic validator hardware deployed across municipal public transportation networks and transit agencies in North America.

SPX executive team

  • Mr. Eugene Joseph Lowe IIIPresident, CEO & Director
  • Mr. Mark A. CaranoVP, CFO & Treasurer
  • Mr. J. Randall DataPresident of Global Operations
  • Mr. John William Swann IIISegment President of Detection & Measurement
  • Mr. Sean McClenaghanSegment President of HVAC
  • Mr. Wayne M. McLarenVP, Chief Accounting Officer & Corporate Controller
  • Mr. Darnell SmithVP & Chief Information Officer
  • Mr. Daniel WhitmanVP, General Counsel & Secretary
  • Mr. Michael DalyChief Strategy & Corporate Development Officer
  • Ms. Jennifer CarpenterVP & Chief Human Resources Officer