SPX Technologies Inc.

SPX Technologies Inc. (NYSE: SPXC), founded in 1911, is an industrial company that designs and manufactures advanced engineered solutions for HVAC, power generation, and process applications. Its revenue is generated from diversified products such as centrifugal compressors and precision filtration systems along with strong aftermarket services. Under the leadership of CEO Gary P. McGann, the company holds an estimated 10-12% market share in key segments and competes robustly through technological innovation and service excellence. With strategic investments in digital solutions and market expansion, SPX Technologies is positioning itself for sustainable future growth.

On May 13, 2025, the Board re-authorized management, in its sole discretion, to repurchase up to $100.0 million of common stock in any fiscal year, subject to senior credit agreement covenants; no repurchases were executed in 2025, 2024, or 2023, and the maximum available as of December 31, 2025 is $100.0 million.