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SPX FLOW Debuts New APV Pilot 4T Homogenizer in a Compact Unit
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SPX FLOW, Inc Announces Declaration of Quarterly Dividend
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SPX FLOW Completes Acquisition of Philadelphia Mixing Solutions
Transaction combines two of North America s leading mixing solutions providers, expanding sales networks and offering broader capability and expertise for customers
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CHARLOTTE, N.C., May 12, 2021 /PRNewswire/ SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions for the nutrition, health and industrial markets, today completed its $65 million acquisition of mixing solutions provider Philadelphia Mixing Solutions, Ltd. from Thunder Basin Corporation, an affiliate of Wind River Holdings, L.P.
The addition of Philadelphia Mixing Solutions to the SPX FLOW portfolio further bolsters SPX FLOW s position as a leading global provider of essential products and process solutions that help make the world safer, healthier, and more sustainable. The Philadelphia Mixing Solutions brand will become part of the broader SPX FLOW mixing solutions portfolio, whi
SPX FLOW Reports First Quarter 2021 Financial Results
Strong Results Demonstrate the Benefits of Higher Quality Revenue and Balanced Capital Allocation
First Quarter 2021 Highlights:
- Significant year-over-year organic growth in revenue and orders driven by short-cycle momentum
- Reported operating margin of 7.1%; Adjusted operating margin of 11.3% up 550 points year-over-year leveraging volume recovery and mix benefits of 80/20 implementation
- Balanced capital allocation framework progressing following initiation of quarterly dividend in March and announced acquisition of Philadelphia Mixing Solutions in April
- Raising expectation for full-year organic revenue growth to the high end of the prior range
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SPX FLOW Hires Chief Diversity Officer; New Role Bolsters the Company s Culture of Belonging
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CHARLOTTE, N.C., April 21, 2021 /PRNewswire/ SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions, has hired its first Chief Diversity Officer to help build upon its culture of belonging throughout the global company.
Dori Armstead will advocate for diversity, equity, and inclusion, as well as spearhead community relations. She will develop and implement innovative strategies that foster a more inclusive work environment across SPX FLOW while enabling an exceptional team member experience aligned with superior organizational performance.
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