SPX Technologies Inc - Company Profile
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SPX Technologies Inc (SPX) is a provider of engineered solutions. It offers highly engineered products, technologies, and solutions. The company’s product portfolio includes heating, ventilation, and air conditioning (HVAC) products and detection and measurement equipment. It offers residential and commercial boilers, package cooling towers, engineered air movement systems, underground locators, refrigeration, fare collection systems, inspection equipment, and comfort heating products. SPX’s products and services cater to multiple industries including industrial, commercial, data center, residential, and utility sectors among others. The company has a sales presence in countries across Europe, the Middle East, Africa, the Americas, and Asia Pacific. SPX is headquartered in Charlotte, North Carolina, the US.
Headquarters
United States of America
Address
6325 Ardrey Kell Road, Suite 400, Charlotte, North Carolina, 28277
Website
www.spx.com
Telephone
1 980 4743700
No of Employees
4,300
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
SPXC (NYSE)
Revenue (2025)
$2.3B
14.2%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
21.7%
(2025 vs 2024)
Market Cap*
$10.4B
Net Profit Margin (2025)
XYZ
6.5%
(2025 vs 2024)
* As of and is in US$
SPX Technologies Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Dehydration Equipment | Distribution of Equipment | Marley |
| Dry, Wet and Hybrid Cooling Systems | Technical Information Services | Recold |
| Fare-Collection Systems | Thermal Service and Repair Work | SGS |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In February, the company acquired Crawford United, a holding company. |
| 2026 | Acquisitions/Mergers/Takeovers | In January, the company acquired Thermolec Ltd for US$140 million. |
| 2025 | Acquisitions/Mergers/Takeovers | In April, the company acquired Sigma Heating and Cooling and Omega Heat Pump for approximately US$144 million. |
Competitor Comparison
| Key Parameters | SPX Technologies Inc | Babcock & Wilcox Enterprises Inc | Mestek Inc | Burnham Holdings, Inc. | AIRMASTER FAN COMPANY |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | |
| City | Charlotte | Akron | Westfield | Lancaster | - |
| State/Province | North Carolina | Ohio | Massachusetts | Pennsylvania | - |
| No. of Employees | 4,300 | 1,950 | 2,584 | 840 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Patrick J. O’Leary | Chairman | Executive Board | - | 67 |
| Eugene J. Lowe III | President; Director; Chief Executive Officer | Executive Board | 2015 | 57 |
| Mark A. Carano | Treasurer; Chief Financial Officer; Vice President | Senior Management | 2023 | 55 |
| Darnell Smith | Vice President; Chief Information Officer | Senior Management | 2025 | - |
| Cheree H. Johnson | Chief Legal Officer; Vice President | Senior Management | 2024 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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