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Now hiring! SPX is hiring a cost accountant. Please visit our career page for more information.
Now hiring! SPX is hiring a manager for project management. Please visit our career page for more information.
Now hiring! SPX is hiring a manager for project management. Please visit our career page for more information.
Need a cost-effective alternative to a dedicated truck system? CUES offers custom trailer-mounted systems that can include TV inspection equipment for sewer/storm/potable water lines, mainline joint or lateral sealing, and lateral reinstatement cutters for the relining industry. A variety of options can be added to expand your system, as needed. Contact CUES today for more information!
View printer-friendly version << Back SPX Completes Acquisition of Cincinnati Fan Approximate Annual Revenue of $60-70 million; Attractive Potential for Further Expansion in Engineered Air Quality CHARLOTTE, N.C., Dec. 16, 2021 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it has completed the acquisition of Cincinnati Fan & Ventilator Co., Inc. (“Cincinnati Fan”), a leader in engineered air quality solutions, including blowers and critical exhaust systems. Under the terms of the purchase agreement, a subsidiary of SPX merged into Cincinnati Fan for consideration of $145 million in cash, which includes consideration for the estimated value of certain tax assets associated with the acquisition. SPX currently anticipates revenue from Cincinnati Fan in a range of $60-70 million in 2022. Once fully integrated, SPX anticipates that the acquisition will be accretive to its HVAC segment margin. Read more by following the link.
It's not too late to register for our Gas Distribution Technology Update webinar taking place tomorrow at 12:00pm Eastern/9:00am Pacific. Read up on the live gas technologies we'll be discussing and register here:
Radiodetection makes a bold move in waste reduction and sustainability. For more information and to find out how you can help, click below
You're invited! Continuing with our WEBINAR SERIES, please join Mr. Keith Morin, SPX/CUES/PEARPOINT Portable Product Group Area Sales Manager, for the "Inspections, Chambers, Structures & Pipes" webinar. This webinar will feature a simple presentation on why, when, what, and how to inspect various systems.
Now Hiring! SPX is hiring a marketing coordinator. Please visit our career page for more information.
Now Hiring! SPX is hiring a mechanical engineer. Please visit our career page for more information.
