SPX: Global and Focused
Just over a decade ago, SPX Corporation was a U.S.-centric automotive component manufacturer with less than a billion dollars in sales. Since 1998, a series of acquisitions and focused organic growth helped SPX grow and diversify; creating the multi-industrial business we are today.
Our long-term strategy is focused on three core end markets, which serve emerging and developed countries around the world:
- Infrastructure, with an emphasis on power and energy
- Diagnostic Systems, primarily serving the vehicle service industry
- Process Solutions, focused largely on dairy, food and beverage industries
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.
Capital Allocation
We remain disciplined in our acquisitions approach, focusing on strategic fit, EPS accretion and returns in excess of our cost of capital for all acquisitions. We maintain a steadfast approach to capital allocation, and have shown consistency and balance with our investment decisions.