wiredinUSA September 2015

INDEX

ABB has completed the divestment of its Huntersville, North Carolina, high voltage cable factory in the US to Southwire Company, Carrollton, Georgia. The parties mutually agreed not to disclose the financial terms of the transaction. for the land cable portion of certain HVDC projects. The divestment of the Huntersville facility is in line with ABB’s “next level” strategy to continuously optimize its business portfolio and to build strategic partnerships. ABB remains fully committed to the North American market and to the high voltage cables business. Cable sale completion ABB and Southwirewill pursue a business relationship to leverage the facility

wiredInUSA - September 2015

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