Last €79.50 EUR
Change Today +0.12 / 0.15%
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As of 2:15 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

spx corp (SPW) Snapshot

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07/7/14 - €81.27
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08/28/13 - €54.63
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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 Wins Contract from Biocom to Provide Dairy Processing System for Baby Food Plant in Belarus

SPX Corporation announced that it has been awarded a contract worth more than $28 million to help Biocom Ltd. establish the Nesvizh Baby Food Factory in The Republic of Belarus. Biocom expects the new baby food factory to be export-oriented with sufficient capacity to process 500 tons of milk per day. Under the terms of the contract, SPX has agreed to provide Biocom with a turnkey dairy processing system featuring an extensive portfolio of SPX solutions utilizing ultrafiltration and infusion technologies. The system will include an array of highly engineered SPX equipment, including homogenizers, separators, plate and scraped surface heat exchangers, bacteria clarifiers, pumps, valves, membrane technology, extended shelf life technology with microfiltration and ultra high temperature tubular infusion plants.

SPX Corporation Wins a Contract from Graincorp Foods to Expand and Enhance Margarine Processing Plants in Australia

SPX Corporation announced that its Flow Food and Beverage business has been awarded a contract valued at $18 million /AUD 19 million from GrainCorp Foods. Under the terms of the contract, SPX will design and install a new margarine processing system for GrainCorp, utilizing key process equipment and components manufactured by SPX. The GrainCorp project calls for SPX to design and install a new processing facility, which will consist of an emulsion preparation area that feeds into four separate margarine production lines. The automation and control system will be designed and managed by SPX's team in Denmark. All other mechanical and electrical installations will be managed by SPX's local Australian team to ensure that the project complies with local standards.

SPX Corporation Announces Quarterly Dividend, Payable on July 2, 2014

SPX Corporation announced that its board of directors has declared a quarterly dividend of $0.375 per common share payable on July 2, 2014 to shareholders of record on June 16, 2014.


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Valuation SPW Industry Range
Price/Earnings 10.0x
Price/Sales 1.0x
Price/Book 2.0x
Price/Cash Flow 8.5x
TEV/Sales 0.6x

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