Conflict Minerals
Background
Pursuant to rules adopted by the U.S. Securities and Exchange Commission (“SEC”), as required by Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, SPX Technologies is required to disclose the extent to which products we and our subsidiaries manufacture or contract to manufacture contain cassiterite, columbite-tantalite, gold, wolframite, and their derivatives, which are limited to tin, tantalum, tungsten, and gold, that are (i) necessary to the functionality or production of those products and (ii) sourced from mines in the Democratic Republic of the Congo or adjoining countries (“Conflict Minerals”).
Commitment
To aid in complying with the SEC disclosure requirements, SPX Technologies is working with our suppliers to perform due diligence in determining the potential for Conflict Minerals in our supply chain and products. We are designing our due diligence processes in accordance with the Organization for Economic Cooperation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
Expectations of Suppliers
If a supplier cannot determine whether its materials or products contain Conflict Minerals within a reasonable period of time, or is unwilling to support SPX Technologies in our Conflict Minerals program efforts, SPX may execute remediation steps up to and including alternative sourcing arrangements. SPX expects to work with our suppliers to help ensure their compliance with the Conflict Minerals rules.
SPX Technologies expects each of our suppliers that supply products that may contain Conflict Minerals to:
- Establish a Conflict Minerals policy in accordance with applicable SEC rules, implement management systems to support compliance with its policy, and require its suppliers of any tier to take similar steps.
- Identify, in the manner and form specified by SPX, materials or products it sells to SPX and its subsidiaries, and the smelter that provided the original Conflict Minerals. SPX’s direct suppliers may have to require successive downstream suppliers to provide information contained in SPX’s Conflict Minerals survey until the smelter is identified.
- Provide reports to support SPX’s SEC reporting requirements.
- Upon request, permit auditing of its Conflict Minerals policies and procedures.
People and Culture
At SPX, our values of Integrity, Accountability, Excellence, Teamwork and Results are core elements that drive the way we engage with each other, our customers, our partners and the community.
Our History and Heritage
SPX's Global Presence
With more than $2 billion in annual revenue and over 4,400 employees in 16 countries, SPX offers a wide array of highly engineered infrastructure products with strong brands.
Our Mission and Values
Ethics and Compliance
SPX Technologies maintains a world-class compliance and ethics program designed to ensure that its employees are aware of and adhere to applicable laws and ethical standards.
English 
Français du Canada