Welcome to our dedicated page for SPX TECHNOLOGIES news (Ticker: SPXC), a resource for investors and traders seeking the latest updates and insights on SPX TECHNOLOGIES stock.
SPX Technologies, Inc. reports recurring developments across its engineered HVAC products and detection and measurement technologies businesses. Company news commonly covers quarterly and annual results, segment performance, production-capacity investments, customer demand for data center cooling solutions, and the contribution of heating and cooling product volumes to operating results.
Updates also include product launches such as the Marley OlympusMAX Fluid Cooler, additions to the HVAC portfolio through completed acquisitions, and corporate governance changes. The company’s disclosures emphasize cooling towers, dry and adiabatic coolers, custom electric heating, custom air-handling equipment, communication technologies, transportation systems, and related industrial markets.
SPX Cooling Technologies has launched the Marley MH Element Fluid Cooler, an innovative cooling solution designed for HVAC, industrial, and process cooling. This cooler achieves 15% more thermal capacity than traditional systems while being 20% lighter and using 35% less fluid and fan power. Its hybrid design combines cooling tower and heat exchanger functionalities, extending service life with superior corrosion resistance and offering high thermal conductivity through copper coils. The product is independently certified by the Cooling Technology Institute, ensuring reliability.
SPX Corporation (NYSE:SPXC) announces that CEO Gene Lowe will present at the UBS Global Industrials and Transportation Conference today, June 3, 2020, at 4:40 p.m. ET. The event will be available via webcast on the company's website. SPX reports a Q2 2020 organic adjusted revenue decline of about 10%, influenced by prior acquisitions. In 2019, SPX recorded approximately $1.5 billion in annual revenue and operates in 17 countries, emphasizing its role in HVAC and engineered solutions markets.
Summary not available.