SPX Corp (NYSE:SPW)
CAPS Rating:
A global multi-industry manufacturing company whose revenues are driven by infrastructure-related products & services such as wet & dry cooling systems, thermal service and repair work, heat exchangers and power transformers into the global power market.
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SPX is performing quite well in a difficult environment - uniquely positioned to benefit from worldwide grid investment and upgrades. the business has transformed itself over the last decade from a marginal auto supplier to a multi dimensional growth story - eva principles are enforced in all areas, as each area runs its business for cash.