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SPX's headquarters relocated to Charlotte, North Carolina, in 2002. In 2012, SPX president Charles E Johnson II sold its Service Solutions business for approximately 1.15 billion dollars to Robert Bosch GmbH. In 2015, SPX Flow was founded, a spin-off from its parent company.
CHARLOTTE, N.C., Aug. 15, 2022 (GLOBE NEWSWIRE) ? SPX Technologies, Inc. (?SPX Technologies?) (NYSE:SPXC), as the successor registrant to SPX Corporation, announced today that it has finalized the reorganization of its corporate legal structure, pursuant to Section 251(g) of the Delaware General Corporation Law.
Top 10 Owners of SPX Technologies Inc StockholderStakeTotal value ($)BlackRock Fund Advisors14.58%541,227,949The Vanguard Group, Inc.10.63%394,341,893T. Rowe Price Investment Manageme...7.12%264,352,117SSgA Funds Management, Inc.3.62%134,392,5406 more rows
SPX Technologies (NYSE: SPXC) is, along with its subsidiaries, a diversified, global supplier of infrastructure equipment with scalable growth platforms in heating, ventilation and air conditioning (HVAC), and detection and measurement.
The spin-off was designed to create two separate, stand-alone, publicly traded companies: SPX FLOW, Inc., a company focused on providing highly engineered technologies and services to customers in the global food and beverage, power and energy, and industrial markets; and SPX Corporation, a diversified, global supplier ...
CHARLOTTE, N.C., April 5, 2022 /PRNewswire/ -- SPX FLOW, Inc., a leading provider of process solutions for the nutrition, health and industrial markets, announced today the successful closing of its acquisition by an affiliate of Lone Star Funds ("Lone Star").
The company markets its products through independent manufacturing representatives, third-party distributors, and retailers, as well as direct to customers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022.