SPX, also known as SPX Technologies, is a publicly owned company headquartered in the US. Founded in 1912, it operates with approximately 1,910 employees. The company specializes in industrial machinery manufacturing, supplying engineered heating, ventilation, and air conditioning (HVAC) products, alongside detection and measurement technologies and power equipment.
SPX Technologies Inc. announced on June 22 that John W. Swann III, President of its Detection and Measurement Segment, informed the company on June 18 of his decision to retire in January 2027. This follows the company's disclosure on June 21 of a strategic investment exceeding $100 million to enhance its HVAC capabilities and bolster manufacturing capacity. SPX aims to serve the growing demands of data centers, an initiative unveiled at the 16th Annual Wells Fargo Industrials & Materials Conference in Chicago.
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