SPX Corp., Charlotte, NC, reported 2016 sales of $1.5 billion, down 5.6 percent year-over-year. The company reported a loss of $85.3 million, compared to a loss of $82.7 million in 2015.
Fourth-quarter sales were reported at $395 million, down 15.6 percent for the same period a year ago. The company reported a loss of $86.1 million, compared to a loss of $9.5 million in 4Q 2015.
HVAC sales for the quarter were $159.1 million, down 0.8 percent from a year ago. Annual sales decreased 3.7 percent year-over-year to $509.5 million.
