SPX Corporation (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), detection and measurement, and engineered solutions. With operations in 17 countries and approximately $1.4 billion in annual revenue, we offer a wide array of highly engineered products with strong brands. HVAC solutions offered by our businesses include cooling towers, residential and commercial boilers and comfort heating products.
Whether providing electrical transformers to improve system reliability or automate payment processing for mass transit systems in U.S. cities, SPX solutions help enhance everyday life. SPX detection and measurement tools are utilized across Europe for underground utility protection, safety and security while our cooling towers help provide stable air conditioning to the stunning skyscrapers of the Middle East. SPX has a strong commitment to serving Asian markets, particularly in the fast-growing economies of China and India, where we provide state-of-the-art cooling systems and other thermal components.
Infrastructure is the critical backbone that enables economies and businesses to grow. SPX products and services are designed to help meet the needs of an expanding world and help solve the complex issues companies face in growing their businesses. We embrace this challenge with determination and inspiration. By combining a problem solver's resilience and an entrepreneurial spirit, we go beyond meeting the task at hand to lay the vital groundwork for a successful future. We deliver highly valued products, services, and solutions to the world based on a deep understanding of our customers' needs.
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