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wiredInUSA - December 2014
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Indiana investment
Southwire Company is to expand its
operations in Bremen, Indiana, following
its acquisition of Illinois-based Coleman
Cable in February.
Southwire will invest $2.1 million to
purchase and equip a new 48,000ft
2
facility in Bremen, and relocate its
manufacturing capacity for the OEM
and industrial divisions.
“Southwire’s acquisition of Coleman
Cable,
including
the
Bremen
operations, provided a key step in
our strategy to grow into new, diverse
markets,” said Stu Thorn, president/CEO
of Southwire. “We now are working
together to position ourselves at the
forefront of the wire and cable industry,
while continuing to provide world-class
service to our customers. With its central
locale and the availability of resources
and skilled labor, Bremen provides a
perfect focal point for that growth.”
Founded in 1950, Southwire is believed
to be North America’s largest, and the
world’s third largest, producer of wire
and cable for the transmission and
distribution of electricity.
Jim Leeper, president of the Bremen
town council, said: “Southwire is a
valued employer in the community
and I’m glad that the town will partner
with the state of Indiana to support
Southwire’s commitment to grow the
Bremen operations and create more
good jobs for area residents.”
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wiredInUSA - Dece ber 2014