SPX: Global and Focused
Ten years ago, SPX Corporation was a U.S.-centric automotive component manufacturer with less than a billion dollars in sales. From 1998 through 2004, a series of acquisitions and organic growth helped SPX grow and diversify, creating the multi-industrial business we are today.
Our strategy today is to focus on three core end markets which serve emerging and developed countries around the world:
Global infrastructure, with an emphasis on power and energy
Diagnostic tools, primarily serving the vehicle service industry
Process equipment, focused largely on food and beverage, flow technology and other power and energy applications.
Confident and Consistent
We seek to stay abreast of trends impacting our businesses and remain disciplined in our acquisitions approach, focusing on the strategic fit of any acquisitions. We also maintain a steadfast approach to capital allocation, and have shown consistency and balance with our investment decisions.
Supporting SPX’s revenue growth and margin expansion are operating initiatives focused on driving a culture of continuous improvement. We believe in our long-term strategy and are committed to executing it.