wiredinUSA January2014

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wiredInUSA - January 2014 10
Copperweld Bimetallics LLC, a
manufacturer of copper-clad bimetallic
wire used in a variety of telecommunication,
utility, transportation and other electrical
applications, has purchased certain
assets of the CommScope BiMetals®
business of CommScope Holding
Company Inc.
The transaction involves the purchase
of equipment associated with the
manufactureofallcopper-cladaluminum
and copper-clad steel products.
CommScope will retain the processing
equipment needed for the production
of its GroundSmart ® grounding products
and will continue to manufacture and
sell GroundSmart for use in grounding
utility and communications networks.
A long-term supply arrangement
between the two companies was
also agreed upon, with Copperweld
providing bimetallic wire as needed to
CommScope for the manufacture of
cables and other products.
A wholly owned subsidiary of Fushi
Copperweld Inc, Copperweld operates
three facilities in the United States and
Europe.
Copperweld buys
BiMetals assets