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About SPX Technologies

SPX Technologies (NYSE: SPXC) is, along with its subsidiaries, a diversified, global supplier of infrastructure equipment with scalable growth platforms in heating, ventilation and air conditioning (HVAC), and detection and measurement. With operations in 16 countries and approximately $2.0 billion in annual revenue, we offer a wide array of highly engineered products with strong brands.

HVAC solutions offered by our businesses include cooling towers, engineered air movement, residential and commercial boilers, and comfort heating products. Our detection and measurement products encompass underground locators and inspection equipment, fare collection systems, communication technologies, and specialty lighting.

SPX About Us - Woman Inspecting HVAC Equipment

An SPX Technologies employee inspects HVAC equipment. 

Our business strategy is focused on driving growth in our HVAC and detection and measurement businesses through new product innovation; geographic and channel expansion; entry into adjacent markets and targeted strategic initiatives. In addition to leveraging our scalable growth platform in HVAC and detection and measurement, we employ our leading engineering and manufacturing expertise to decrease costs and increase efficiency. This ensures that we are well-positioned to benefit from future global infrastructure investment.

Meeting the needs of a rapidly changing world while maintaining today’s existing infrastructure is a challenge that inspires everything we do. We bring creativity, an entrepreneurial spirit, and an unwavering commitment to surpassing our customers’ needs for safe, reliable and efficient solutions. Our innovative, customer-centric approach to solving critical business and societal needs is based on our decades of industry expertise and a proven track record of delivering highly engineered, reliable products that meet our customers’ high standards. It is with this commitment that we continuously pursue new and better ways of collaborating with our customers around the world to help them grow and drive their businesses forward.

Based in Charlotte, North Carolina, SPX Technologies employs approximately 4,400 people in 16 countries.

Value Creation Framework and Targets

Our current businesses offer a strong foundation to continue building our platforms going forward. Our focus on engineered niches, strong market positions, tech enabled products, moats and sustainable solutions offer excellent potential for above market growth and above-market returns. Click to enlarge:

SPX Value Creation Framework

SPX Products Are Everywhere!

SPX products are everywhere, keeping us at a comfortable temperature, maintaining our critical infrastructure, and keeping us safe from potential dangers. Our goal is to increase the breadth of our products that are specified into applications, or provide critical functionality across numerous different applications and markets. Click to enlarge:

SPX HVAC and Detection/Measurement Products Are Everywhere!
SPX People and Culture (1)

People and Culture

 

At SPX, our values of Integrity, Accountability, Excellence, Teamwork and Results are core elements that drive the way we engage with each other, our customers, our partners and the community.

About SPX Technologies - History and Heritage

Our History and Heritage

 
Since 1912, the brands that make up SPX Technologies have been designing and manufacturing quality products serving several rapidly developing industries.
Where in the world is SPX Technologies?

SPX's Global Presence

 

With more than $2 billion in annual revenue and over 4,400 employees in 16 countries, SPX offers a wide array of highly engineered infrastructure products with strong brands.

Our mission and values

Our Mission and Values

 
SPX products and services are designed to help meet the needs of an expanding world and help solve the complex issues companies face in growing their businesses.
About SPX Technologies - Company Overview

Ethics and Compliance

 

SPX Technologies maintains a world-class compliance and ethics program designed to ensure that its employees are aware of and adhere to applicable laws and ethical standards.

1 Adjusted results are non-GAAP measures. Reconciliations of non-GAAP future measures to US GAAP financial measures are not practicable and accordingly are not included in the Appendix to this presentation.

2 These targets are forward-looking and subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of SPX Technologies and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. Nothing in this presentation should be regarded as a representation by any person that these targets will be achieved and we do not undertake any duty to update our medium-term targets.

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