With approximately $5 billion in annual revenue, Charlotte, North Carolina-based SPX is a multi-industry manufacturing leader with operations in more than 35 countries and over 14,000 employees worldwide.
Meeting the critical needs of world economies – particularly today’s fast-growing emerging markets – has been the driving force behind our strategic expansion and success in recent years. Since 1998, acquisitions and focused organic growth have helped SPX transition from a U.S.-centric automotive component manufacturer with less than $1 billion in sales, to a globally diversified provider of highly engineered, innovative products and technologies that support the critical needs of modern societies.
Today, SPX’s product offerings are concentrated on serving customers in three primary end markets: power and energy, food and beverage, and industrial flow markets. For example, SPX solutions play a vital role in helping food and beverage producers increase their capacity to more efficiently deliver greater quantities of safer, higher quality products, and in helping power producers expand global infrastructure to meet increased demand for electricity.
We believe future investment in these three end markets will be driven by population growth, the expanding middle class, environmental and sustainability efforts, new infrastructure build in developing economies and replacement of aged infrastructure in developed economies.
At SPX, imagination and innovation are as valued as product reliability and profitability. We continuously pursue new and better ways of thinking and working, and collaborating with our customers around the world. To learn more about our business and strategic vision, please read our latest annual report.