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Tuesday, November 10, 2009, 11:58PM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Down 0.14%
SPX Corporation (SPW)At 4:02PM ET: 56.30  Down 1.05 (1.83%)  
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SPX Corporation
13515 Ballantyne Corporate Place
Charlotte, NC 28277
United States - Map
Phone: 704-752-4400
Fax: 800-578-7375
Web Site: http://www.spx.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Industrial Goods
Industry:Diversified Machinery
Full Time Employees:17,800

BUSINESS SUMMARY 
SPX Corporation provides flow technology products, test and measurement products, thermal equipment and services, and industrial products and services worldwide. The company’s Flow Technology segment provides products and solutions that are used to blend, meter, and transport fluids. This segment offers high-integrity pumps, valves, heat exchangers, fluid mixers, agitators, metering systems, air and gas filters, and dehydration equipment for food and beverage, pharmaceutical, power generation, general industrial, chemical, oil and gas processing, and air dehydration and mining industries. Its Test and Measurement segment provides diagnostic service tools, fare-collection systems, and portable cable and pipe locators for the transportation, telecommunications, and utility industries. The company’s Thermal Equipment and Services segment engineers, manufactures, and services cooling, heating, and ventilation products, including dry, wet, and hybrid cooling systems for the power generation, refrigeration, HVAC, and industrial markets, as well as hydronic, and heating and ventilation products for the commercial and residential markets. This segment also provides thermal components and engineered services to power stations. Its Industrial Products and Services segment designs and manufactures power transformers for utilities; industrial tools and hydraulic units, and precision machine components for the aerospace industry; crystal growing machines for the solar power generation; and television and radio broadcast antenna systems, communications and signal monitoring systems, and precision controlled industrial ovens and chambers. The company sells its products through stocking distributors, manufacturing representatives, third-party distributors, direct sales, and retailers. It was formerly known as Piston Ring Company and changed its name to SPX Corporation in 1988. The company was founded in 1911 and is headquartered in Charlotte, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    SPX Corporation's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 71% of S&P 400 companies and 85.3% of Capital Goods companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Christopher J. Kearney , 53
    Chairman, Chief Exec. Officer and Pres
    $ 3.78M $ 0
    Mr. Patrick J. O'Leary , 51
    Chief Financial Officer, Exec. VP and Treasurer
    $ 2.54M $ 39.05M
    Mr. Robert B. Foreman , 51
    Exec. VP of HR, Exec. VP of Global Bus. Systems & Services and Pres of Asia Pacific
    $ 2.13M $ 0
    Mr. Don Canterna , 59
    Segment Pres of Flow Technology
    $ 1.08M $ 843.00K
    Mr. Kevin L. Lilly , 56
    Sr. VP, Sec. and Gen. Counsel
    $ 1.11M $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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