SPX Technologies, Inc.

Overview

SPX Technologies, Inc. is a global industrial technology company operating through HVAC and Detection and Measurement businesses. Its HVAC products include cooling, air movement and handling, heating, and ventilation equipment for industrial, commercial, institutional, and residential markets. Detection and Measurement products include utility-location and infrastructure inspection equipment, robotics, transportation systems, communications technologies, and aids to navigation.[1]+3

The company serves customers across North America, Europe, and Asia, with Detection and Measurement also serving markets in Africa. In FY2025, SPX reported revenue of $2.265 billion, including $1.518 billion from HVAC and $746.9 million from Detection and Measurement.[1]+2 SPX states its mission is “Creating infrastructure solutions for a smarter, more productive future.” [7]

SPX’s official website describes a workforce of more than 6,000 across 16 countries, while its global-presence page reports more than 5,300 employees in 16 countries.[8][9] [1]+11

Products & services

SPX Technologies’ HVAC products include cooling towers and process-cooling equipment, engineered air-movement and air-handling systems, and hydronic and electrical heating and ventilation products. Its brands include Marley, Recold, SGS, Cincinnati Fan and TAMCO in cooling and air movement, and Patterson-Kelley, Weil-McLain, Qmark, Berko and INDEECO in heating and ventilation. The company also provides equipment installation and service, cooling-tower construction and reconstruction, and parts.[10]+2

Its Detection & Measurement products include underground pipe and cable locators, pipeline inspection and rehabilitation equipment, robotic systems, transportation systems, communications technologies, and aids to navigation. Brands include Radiodetection, Pearpoint, CUES, ULC Robotics, Genfare, TCI, ECS, Flash Technology, Sabik Marine and Sealite. Related services include installation and maintenance, software subscriptions, pipeline remediation, and robotics development.[5][3]

For fiscal 2025, SPX reported $932.9 million in cooling/process-cooling and engineered-air-movement revenue (41.2% of consolidated revenue); $585.3 million from hydronic/electrical heating and ventilation (25.8%); $255.9 million from underground location, inspection, rehabilitation and robotics (11.3%); and $491.0 million from communications, aids to navigation and transportation systems (21.7%).[11] Specific product capabilities include the Marley NC Everest cooling tower, rated at 1,311–2,189 tons per cell and 3,933–6,567 gpm, and Radiodetection’s RD8200 locator, which includes TruDepth readings, Current Direction, Power Filters and Dynamic Overload Protection.[12][13] [10]+7

Geographic presence

SPX Technologies is headquartered in Charlotte, North Carolina. Its HVAC business serves customers in North America, Europe and Asia; its Detection and Measurement business serves North America, Europe, Africa and Asia. The company sells directly and through distributors and representatives, with HVAC also selling through retailers.[14]+2

For the six months ended June 27, 2026, revenue by country where it was recorded was: United States $985.6 million (79.1%), Canada $130.8 million (10.5%), United Kingdom $42.9 million (3.4%), China $40.5 million (3.3%) and other countries $46.0 million (3.7%), out of $1,245.8 million total. The company assigns geographic revenue based on the country recording the revenue.[16][17] For full-year 2025, the corresponding figures were United States $1,812.6 million (80.0%), Canada $193.4 million (8.5%), United Kingdom $95.5 million (4.2%), China $71.7 million (3.2%) and other countries $91.9 million (4.1%), out of $2,265.1 million total.[18]

As of June 27, 2026, tangible long-lived assets were $457.0 million in the United States, $87.6 million in Canada and $36.9 million in other countries.[16] SPX reports operations in 16 countries and more than 6,000 employees, with a presence across the Americas, Europe, Middle East and Africa, and Asia Pacific; it does not provide employee counts by country in the cited company information.[19][20] [14]+7

Business segments

SPX Technologies reports two segments: **HVAC** and **Detection and Measurement**. In FY2025, HVAC generated $1,518.2 million, approximately 67% of consolidated revenue of $2,265.1 million. Its businesses focus on cooling and engineered air-movement and air-handling solutions, as well as hydronic and electrical heating and ventilation products, serving industrial, institutional, commercial, and residential markets.[1][21]

**Detection and Measurement** generated $746.9 million, approximately 33% of FY2025 consolidated revenue. Its focus includes underground pipe and cable locating, inspection and rehabilitation equipment, robotic and transportation systems, communications technologies, and aids to navigation.[5][21]

The company also disaggregates revenue by major product line, but these categories are not additional reportable segments; the two-segment reporting structure was unchanged in FY2025.[22]+2 [1]+6

Company history

SPX Technologies traces its corporate lineage to the Piston Ring Company, founded in Muskegon, Michigan, in 1912. The business adopted the SPX Corporation name in 1988, after its shares had begun trading on the New York Stock Exchange in 1972. SPX’s major expansion through acquisitions included General Signal Corporation in 1998 and United Dominion, Inc. in 2001.[24][25]

In 2015, SPX spun off SPX FLOW, distributing its Flow Technology and Hydraulic Technologies businesses. A 2022 holding-company reorganization established SPX Technologies, Inc. as the successor to SPX Corporation; that year, the company also sold its Marley-Wylain/SPX Cooling Technologies business. Subsequent acquisitions included ASPEQ Heating Group in 2023, Ingénia Technologies in 2024, and Kranze Technology Solutions and Sigma Heating and Cooling/Omega Heat Pump in 2025.[26]+4 [24]+6

Sources

• SPX Technologies, Inc. — Full financial report (2025 Y)
  17 citations

  [1][2][3][4][5][6][11][14][18][21][22][23][24][26][27][28][29]
• spx.com[7]
• spx.com[8]
• spx.com[9]
• SPX Technologies, Inc. — Full financial report (2026 Q 2)
  4 citations

  [10][15][16][17]
• spxcooling.com[12]
• www.radiodetection.com[13]
• spx.com[19]
• spx.com[20]
• spx.com[25]