About SPX Technologies
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.
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 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:
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.
Our History and Heritage
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
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.