SPX Technologies Inc. (SPW0)

Overview

SPX Technologies, Inc. is a global provider of infrastructure equipment primarily serving the heating, ventilation, and cooling (HVAC); and detection and measurement industries. The company has broadened its horizons to encompass a wide range of services and products, catering to the needs of various markets across the world. It operates through two major segments, HVAC and Detection and Measurement, leveraging its extensive portfolio to engineer, design, manufacture, install, and service a variety of solutions. Founded in 1912 and originally known as SPX Corporation, it underwent a name change to SPX Technologies, Inc. in August 2022. The company's headquarters is situated in Charlotte, North Carolina, symbolizing a century-long tradition of innovation and service in the infrastructure equipment sector.

Products and Services

SPX Technologies, Inc. offers an array of products and services across its operation segments:

• HVAC Segment: This segment focuses on package and process cooling products, engineered air movement solutions targeted at HVAC industrial and power generation markets, and also boilers, heating, and ventilation products for residential and commercial markets. The offerings are marketed under various brands, including Marley, Recold, SGS, Cincinnati Fan, TAMCO, Ingénia, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products, catering to a comprehensive range of HVAC requirements.
• Detection and Measurement Segment: In this segment, SPX Technologies provides equipment and solutions for the detection and measurement market, including underground pipe and cable locators, inspection and rehabilitation equipment, and robotic systems. These products are offered under the brands Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Cues, ULC Robotics, and Sensors & Software. Additionally, it delivers transportation systems under the Genfare brand, communication technologies products under the TCI and ECS brands, and obstruction lighting products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. This segment is geared towards enhancing safety, efficiency, and reliability in various industries.