CARROLLTON, Ga., July 31, 2015 /PRNewswire/ -- Southwire
Company today completed its purchase of a high-voltage and extra
high-voltage underground transmission cable manufacturing plant in
Huntersville, North Carolina from
ABB, Inc.
Through the acquisition, Southwire adds extra high-voltage cable
products to its portfolio and expands its capacity to produce
high-voltage cable, a market in which it is already a leading
manufacturer.
"The Huntersville operation is
a key part of our plans to grow in the global wire and cable market
by expanding our manufacturing capacity and our line of products
that are made in America for customers around the world," Southwire
President and CEO Stu Thorn said.
"We welcome the newest members of the Southwire team and look
forward to collaborating with them."
The 240,000-square-foot, 3-year-old plant features
state-of-the-art technology for producing high-voltage and extra
high-voltage underground transmission cables, ranging from 230kV to
400kV. Helping to strengthen North
America's power transmission infrastructure, these cables
distribute massive amounts of electricity and renewable energy –
including wind and solar – in support of the nation's smart grid
initiative.
Southwire's Energy Division supplies a full-line of wire and
cable and provides technical leadership in the power delivery
market. Positioned on a 20-acre site in Commerce Station Business
Park, the Huntersville plant fits
nicely with Southwire's family of manufacturing facilities and
customer service centers in the United
States, Canada,
Mexico, Honduras and China.
About Southwire Company, LLC
A leader in technology and innovation, Southwire Company, LLC is
North America's largest wire and
cable producer. The company and its subsidiaries manufacture
utility wire and cable, building wire and cable, industrial power
cable, OEM wire products, SCR® copper and aluminum rod and
continuous casting technology. Southwire offers a robust line of
equipment and tools used by contractors in the installation of
those products. To learn more about Southwire's products and
innovation, community involvement, and vision for a sustainable
future, please visit www.southwiresustainability.com.
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SOURCE Southwire Company