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News Article
SPX Technologies Announces Acquisition of ThermolecExpands HVAC Segment with Highly Complementary Custom Electric Heating Solutions CHARLOTTE, N.C., Jan. 20, 2026 (GLOBE NEWSWIRE) — SPX Technologies, Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it has completed the acquisition of Thermolec Ltd. (“Thermolec”) for a total cash consideration of CA$ 195 million (approximately US$ 140 million). Founded in 1973, Thermolec is a Montréal-based manufacturer of custom electric duct heating…
Resource Files
Thermazone Submittal 269.26 KB
Resource Files
Thermazone Submittal (QMark) 269.71 KB
Resource Files
FRP/FRS SERIES – INFRARED HEATER Sales Flyer 717.69 KB