SPX Corporation

SPX Corporation (NYSE: SPXC) is a supplier of infrastructure equipment in heating, ventilation and air conditioning (HVAC), and detection and measurement markets.

This article is about SPXC, the HVAC company. For SpX, Space Exploration Technologies Corporation, see SpaceX.
SPX Corporation
Public
Traded asNYSE: SPXC
S&P 600 Component
ISINUS7846351044 
IndustryMulti-industry
FoundedMuskegon, Michigan (1912 (1912))
Headquarters
Charlotte, North Carolina
,
United States
Revenue
  • US$1.692 billion (2015)
  • US$62.9 million (2015)
Number of employees
6,000 (2015)
Websitewww.spx.com

History

SPX was founded in 1912 in Muskegon, Michigan, as the Piston Ring Company by Paul E Johnson.[1]

After acquiring Accuralite Company in 1931, the company changed its name to "Sealed Power Corporation" and also started manufacturing piston rings, pistons and cylinder sleeves for various military applications.[1]

In 1988 the company changed its name to SPX Corporation. For the next 10 years, they remained a U.S.-centric automotive component manufacturer with nearly $1 billion in sales.[1] In 2012, SPX president Charles E Johnson II sold its Service Solutions business for approximately 2.25 billion dollars to Robert Bosch GmbH.[2]


gollark: They contain *wood*, which comes from *trees* (I mean, seriously?), some of them don't even have in-wall fibre optic/cat6 lines, they're excessively tightly coupled to local resources and not particularly mobile, they don't have convenient service ducts for extra cabling, there's no Prometheus metrics endpoint...
gollark: I mean, current house design is just bad.
gollark: If your coastal area becomes underwater, just shove the house on a house carrier truck and take it elsewhere.
gollark: Anyway, the better solution is of course easily mobile houses.
gollark: There's a perfectly internally consistent thing leading to that; giving the fetus rights, generally for religious-y reasons.

References
  1. "History and Heritage". SPX. Retrieved March 11, 2016.
  2. Bosch completes acquisition of SPX Corporation’s Service Solutions business ." Dec 2012. Retrieved April 23, 2015.
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