With approximately $5 billion in annual revenue, Charlotte, North Carolina-based SPX is a multi-industry manufacturing leader with operations in more than 35 countries and over 14,000 employees worldwide.
Meeting the critical needs of world economies – particularly today’s fast-growing emerging markets – has been the driving force behind our strategic expansion and success in recent years. Since 1998, acquisitions and focused organic growth have helped SPX transition from a U.S.-centric automotive component manufacturer with less than $1 billion in sales, to a globally diversified provider of highly engineered, innovative products and technologies that support the critical needs of modern societies.
Today, SPX’s product offerings are concentrated on serving customers in three primary end markets: power and energy, food and beverage, and industrial flow markets. For example, SPX solutions play a vital role in helping food and beverage producers increase their capacity to more efficiently deliver greater quantities of safer, higher quality products, and in helping power producers expand global infrastructure to meet increased demand for electricity.
We believe future investment in these three end markets will be driven by population growth, the expanding middle class, environmental and sustainability efforts, new infrastructure build in developing economies and replacement of aged infrastructure in developed economies.
At SPX, imagination and innovation are as valued as product reliability and profitability. We continuously pursue new and better ways of thinking and working, and collaborating with our customers around the world.
Strategy and Structure
The SPX Strategy
Expanding world economies have critical needs. Many of SPX’s products and innovative solutions are playing a role in helping to meet global demand for power and energy and processed foods and beverages, particularly in emerging markets. Our power and energy solutions help generate electricity more economically and with less environmental impact; while our food and beverage technologies help food and beverage producers increase their capacity to produce safe, quality food.
Meeting these critical societal needs is what drives our global strategy. We stay attuned to trends and drivers affecting our businesses, as well as the needs of a changing world.
Structured for Success
SPX companies work collaboratively — across business segments, business units, brands, departments and disciplines. This enables us to deliver greater efficiencies and better ideas for helping our customer meet their needs today and tomorrow.
The overall SPX culture is one in which imagination and innovation are as valued as product reliability and profitability. We continuously pursue new and better ways of thinking and working.