Last $98.95 USD
Change Today -1.37 / -1.37%
Volume 388.9K
SPW On Other Exchanges
New York
As of 8:04 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

spx corp (SPW) Snapshot

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52 Week High
07/3/14 - $111.47
52 Week Low
10/9/13 - $80.98
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spx corp (SPW) Details

SPX Corporation provides specialized engineered solutions worldwide. It primarily operates in two segments, Flow Technology, and Thermal Equipment and Services. The Flow Technology segment manufactures and markets products and solutions used to process, blend, filter, dry, meter, and transport fluids for original equipment installation, including turnkey and skidded systems, and components, as well as aftermarket components and support services. This segment primarily offers engineered pumps, valves, mixers, plate heat exchangers, and dehydration and filtration technologies for customers in food and beverage, power and energy, and industrial end markets. The Thermal Equipment and Services segment engineers, designs, manufactures, installs, and services thermal heat transfer products. This segment’s principal products include evaporative, dry and hybrid cooling systems, rotating and stationary heat exchangers, and pollution control systems for the power generation, HVAC, and industrial markets, as well as boilers, heating, and ventilation products for the residential and commercial markets. The company also designs, manufactures, and markets power transformers, industrial tools and hydraulic units, communications and signal monitoring systems, fare collection systems, and portable cable and pipe locators. SPX Corporation markets its products through various channels, such as stocking distributors, independent manufacturing representatives, direct sales, and third-party distributors and retailers. The company was formerly known as Piston Ring Company and changed its name to SPX Corporation in 1988. SPX Corporation was founded in 1911 and is headquartered in Charlotte, North Carolina.

14,000 Employees
Last Reported Date: 02/21/14
Founded in 1911

spx corp (SPW) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $6.3M
Chief Financial Officer and Vice President
Total Annual Compensation: $1.7M
Executive Vice President of Global Business S...
Total Annual Compensation: $2.3M
President of Global Manufacturing Operations ...
Total Annual Compensation: $1.7M
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $1.7M
Compensation as of Fiscal Year 2013.

spx corp (SPW) Key Developments

SPX Corporation Presents at Morgan Stanley 2nd Annual Laguna Conference, Sep-16-2014 08:35 AM

SPX Corporation Presents at Morgan Stanley 2nd Annual Laguna Conference, Sep-16-2014 08:35 AM. Venue: Ritz-Carlton, Laguna Niguel Dana Point, California, United States. Speakers: Christopher J. Kearney, Chairman, Chief Executive Officer and President.

SPX Considers Acquisitions

SPX Corporation (NYSE:SPW) will seek acquisitions. On being asked about opportunity to build out through M&A and opportunities in Food and Beverage business, David Wilson, President of SPX said, "It is an area in the future that we think acquisition opportunities are very interesting because it probably has less focus than particularly our Flow Power and Energy space as it relates to the other large flow players globally. It is probably more fragmented and there's more opportunities overtime. So we're not active though we're paying attention to what's going on in the market and at some point in the future we'll come back to the market and we'll talk about being ready to get back into the acquisition game."

SPX Wins $50 Million Order to Provide ClearSky(TM) Cooling Towers for a Coal Liquefaction Process Facility in China

SPX Corporation announced that it was awarded an order valued at approximately $50 million to provide ClearSky(TM) Plume Abatement Cooling Systems for a coal liquefaction process facility to be built by Shenhua Ningxia Coal Industry Group. SPX has agreed to provide SPX Marley ClearSky(TM) Plume Abatement Systems, with the latest cooling technology of recycling of condensed steam, for Shenhua's indirect coal liquefaction process facility to be built in the Lingwu Ning Dong coal chemical industry. This facility is expected to process approximately four million tons of indirect coal liquefaction per year.


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