Industry: Materials Manufacturing
Fortune Rank: 427
SPX Corporation provides cooling technologies and services, flow technology, industrial products and services, and technical products and systems. The company engineers, manufactures, and services cooling products for markets worldwide, including dry, wet, and hybrid cooling systems, cooling towers, and air-cooled condensers for power generation; refrigeration; heating, ventilating, and air conditioning equipment; and industrial markets. It also provides thermal components for power and steam generation plants and engineered services to maintain, refurbish, upgrade, and modernize power stations. SPX also designs, manufactures, and markets solutions and products that are used to process or transport fluids, as well as solutions and products that are used in heat transfer applications and air flow treatment systems. In addition, the company designs, manufactures, and markets power systems, specialty engineered products, loading dock products, and heat and ventilation products. Further, it engages in the design, manufacture, and marketing of broadcast and communication systems and services, electrical test and measurement solutions, and laboratory and life science products. Additionally, the company focuses on the design, manufacture, and marketing of a range of specialty service tools, diagnostic systems and service equipment, and technical and training manuals and information, primarily for the franchised vehicle dealer industry, aftermarket national accounts, and independent repair facilities. It operates principally in the United States, Germany, and the United Kingdom. SPX Corporation is headquartered in Charlotte, North Carolina.
SPX Corporation is a Fortune 500 company. In 2010 SPX Corporation was ranked number 427 on the Fortune 500 list, making it the 427th largest company in the United States when judged by revenue.
SPX Corporation achieved revenue of $4,935.90 million in 2010 and earned a profit of $31.70 million.
SPX Corporation's rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 402nd on the Fortune 500. The Previous ranking was based on its 2009 revenue of $6,144 million (a change of -2 million compared to 2010) and profits of $248 million (a change of -216 million compared to 2010).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then SPX Corporation would be ranked 389th rather than 427th due to its profits of $32 in 2010.
|SPX Corporation||Revenue*||Profit*||Fortune Ranking|
* US$ Million
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