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July 05, 2015 2:12 AM ET


Company Overview of SPX Corporation

Company Overview

SPX Corporation provides specialized engineered solutions worldwide. The company operates through two segments, Flow Technology, and Thermal Equipment and Services. The Flow Technology segment designs, engineers, manufactures, and markets products and solutions used to process, blend, filter, dry, meter, and transport fluids with a focus on original equipment installation, including turnkey and skidded systems, and components, as well as aftermarket components and support services. This segment primarily offers engineered pumps, valves, mixers, plate heat exchangers, and dehydration and filtration technologies. It serves customers in food and beverage, power and energy, and industrial end ma...

13320 Ballantyne Corporate Place

Charlotte, NC 28277

United States

Founded in 1911

14,000 Employees



Key Executives for SPX Corporation

Chairman, Chief Executive Officer and President
Age: 59
Total Annual Compensation: $1.2M
Chief Financial Officer and Vice President
Age: 40
Total Annual Compensation: $556.9K
President of Global Manufacturing Operations
Age: 57
Total Annual Compensation: $1.7M
Executive Vice President of Global Business Systems & Services and President of Asia Pacific
Age: 57
Total Annual Compensation: $832.8K
Vice President of Corporate Development
Age: 43
Total Annual Compensation: $521.1K
Compensation as of Fiscal Year 2014.

SPX Corporation Key Developments

SPX Corporation Declares Quarterly Dividend on Common Share, Payable on July 1, 2015

SPX Corporation announced that its board of directors has declared a quarterly dividend of $0.375 per common share payable on July 1, 2015 to shareholders of record on June 16, 2015.

SPX Corporation Approves Amendments to Certificate of Incorporation

The shareholders of SPX Corporation approved amendments to company's certificate of incorporation to reduce par value at the AGM held on May 8, 2015.

SPX Corporation Presents at Electrical Products Group 2015 Conference, May-18-2015 02:45 PM

SPX Corporation Presents at Electrical Products Group 2015 Conference, May-18-2015 02:45 PM. Venue: The Resort at Longboat Key Club, Longboat Key, Florida, United States. Speakers: Christopher J. Kearney, Chairman, Chief Executive Officer and President, Eugene Joseph Lowe, President of Thermal Equipment and Services Segment.

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