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SPX Technologies Inc.

Engineering and Technology Charlotte, North Carolina, USA ~380 employees
Founded
--
Employees (Est.)
~380
19 leaders known
Total Funding
$1.0B
Funding Rounds
2
Last Funding
2025-08-12

About SPX Technologies Inc.

SPX Technologies, based in Charlotte, North Carolina, is a supplier of highly engineered products and technologies. The company holds leadership positions in the HVAC and detection and measurement markets, with approximately 4,400 employees across 16 countries. It is listed on the New York Stock Exchange under the ticker symbol 'SPXC.'

Products & Services

HVAC - Cooling Solutions:Includes SPX Cooling Technologies (Marley, Recold, SGS), SPX Engineered Air Movement, and Ingénia, focusing on cooling technologies and air movement solutions.
HVAC - Heating Solutions:Includes brands like Weil-McLain, Marley Engineered Products, Patterson-Kelley, Williamson-Thermoflo, and ASPEQ Heating Group, offering heating solutions for various environments.
Detection and Measurement - Aids to Navigation:Includes SPX Aids to Navigation (Avlite, Flash, ITL, Sabik, Sealite), providing navigation solutions.
Detection and Measurement - Location & Inspection:Includes Radiodetection, CUES, and ULC Technologies, focusing on location and inspection technologies.
Detection and Measurement - CommTech:Includes TCI, ECS, and KTS, offering communication technology solutions.
Detection and Measurement - Transportation:Includes Genfare, providing fare collection and ticketing solutions like the Vendstar 5 Ticket Vending Machine.
Specialized Products:Includes BLACKTALON (Counter Unmanned Aerial System), Radiodetection 8200SG Survey Grade Locator, Marley OlympusV™ Adiabatic System, and commercial heat pump-boiler hybrids from Patterson-Kelley.

Specialties

HVAC (Heating, Ventilation, and Air Conditioning) Detection and Measurement Cooling Technologies Air Movement Solutions Navigation Aids Location and Inspection Technologies Communication Technology Transportation Solutions

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Public Offering
T: -
FT: Public Offering
A: 500000000
MR: -
FA: approximately $500.0 million
FAN: 500000000
D: 2025-08-12
FD: 2025-08-12
14 investors
2 RT: Public Offering
T: -
FT: Public Offering
A: 500000000
MR: -
FA: $500 million
FAN: 500000000
D: 2025-08-11
FD: 2025-08-11
5 investors
Public Offering Latest
2025-08-12
$500.0M
14 investors (Pro only)
Public Offering 2025-08-11
$500.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

P

Patrick J. O'Leary

Former Executive Vice President and Chief Financial Officer

G

Gene Lowe

President and Chief Executive Officer of SPX Corporation

R

Rick D. Puckett

Former Executive Vice President, Chief Financial Officer and Chief Administrative Officer of Snyder's-Lance, Inc.

D

David A. Roberts

Retired Chairman of Carlisle Companies, Inc.

M

Meenal A. Sethna

Executive Vice President and Chief Financial Officer of Littelfuse, Inc.

R

Ruth G. Shaw

President and Chief Executive Officer of Duke Power Company

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Recent News

SPX Technologies Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
spx.com
Industries
Engineering and Technology
Company Size
~380 employees (est.)
Locations
Charlotte, North Carolina, USA

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