SPX Technologies, Inc. (SPXC) Stock

SPX Technologies, Inc., headquartered in Charlotte, North Carolina, is a global supplier of infrastructure equipment catering to the heating, ventilation, and cooling (HVAC) as well as the detection and measurement markets. Established in 1912 and previously known as SPX Corporation, the company rebranded as SPX Technologies, Inc. in August 2022 to better reflect its diversified portfolio and focus on advanced technological solutions.

The company operates through two primary segments: HVAC and Detection and Measurement. In the HVAC segment, SPX Technologies engineers, designs, manufactures, installs, and services a wide range of package and process cooling products, engineered air movement solutions, boilers, and comfort heating and ventilation systems. These products are tailored for industrial HVAC, power generation, residential, and commercial markets, featuring well-known brands such as Marley, Recold, Cincinnati Fan, Berko, and Weil-McLain.

In the Detection and Measurement segment, SPX Technologies offers innovative underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems, and bus fare collection systems. These solutions are marketed under respected brands like Radiodetection, Pearpoint, Cues, and Genfare, serving diverse sectors including utilities, telecommunications, transportation, and infrastructure development.

SPX Technologies distributes its products globally through a network of independent manufacturing representatives, third-party distributors, retailers, and direct sales channels. The company's commitment to innovation and quality has solidified its position as a trusted partner in delivering essential infrastructure solutions that support efficiency, reliability, and safety across various industries worldwide. With a rich history of over a century, SPX Technologies continues to drive technological advancements and expand its market presence in response to evolving customer needs and industry trends.