Overall impact
D (37)

Commentary

SPX is a below-average overall performer. With a 'D' rating of 36.7 for overall impact (bottom 25% of all companies), SPX ranks 29th out of 37 industry peers, behind Stanley Black & Decker, The Eastern Company, NN, Inc. and 25 others, and ahead of Snap-On, Timken, Siteone Landscape Supply and 5 others. On top material causes for SPX's industry (Industrial Goods), SPX performs poorly in Reduced Inequality (30.8 score), Conflict Free Mineral Production (31.9), Improved Mental Health (34.4) and 9 other causes where it received a 'D' or 'F' score. SPX did not receive an 'A' rating on any cause.
Impact
Cause SPXC
Peer rank
Overall impact

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Company
Employees
4,700
Sector
Industrials
Industry
Machinery
Sub-industry
Industrial Machinery & Supplies & Components
SASB industry
Industrial Machinery & Goods
Headquarters
Nc, United States
Share classes
SPXC
Description
SPX Technologies, Inc. engages in the supply of infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services cooling products and engineered air movement and handling solutions for the HVAC industrial, commercial, data center, and power generation markets, as well as heating and ventilation products for the residential, industrial, and commercial markets. It offers its cooling products under the Marley, Recold, SGS, Cincinnati Fan, TAMCO, and Ingénia names; and heating products under the Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, Williamson-Thermoflo, INDEECO, Heatrex, AccuTherm, Brasch, Spectrum, BannerDay PipeHeating, and Solar Products brands. The Detection and Measurement segment offers underground pipe and cable locators; inspection and rehabilitation equipment; robotic systems under the Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Cues, ULC Robotics, and Sensors & Software brands; transportation systems under the Genfare brand; communication technologies products under the TCI and ECS brand names; and obstruction lighting products under the Flash Technology, ITL, Sabik Marine, Sealite, and Avlite brands. The company markets its products through independent manufacturing representatives, third-party distributors, and retailers. The company was formerly known as SPX Corporation and changed its name to SPX Technologies, Inc. in August 2022. SPX Technologies, Inc. was founded in 1912 and is headquartered in Charlotte, North Carolina
Material causes
Ethos considers the following causes material for SPX, based on its industry sub-industry Industrial Machinery & Supplies & Components. Learn more about material causes in our methodology overview.

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