9 / 68
9
INDEXwiredInUSA - November 2013
$95m investment and 375 jobs
Southwire is to invest $95m and create 375
jobs by expanding its presence in Carroll
County, Georgia, over the next four years.
The company, a manufacturer of wire and
cable used in the distribution of electricity,
has purchased a 144,000ft
2
facility in Villa
Rice and has entered into a contract
with Sony Music Holdings to purchase
its 635,000ft
2
facility in Carrollton. The
purchase is contingent upon completion
of a 120-day due diligence period.
Governer Nathan Deal, in announcing the
expansion, said: “Southwire continues to
expand its presence within Georgia. This
homegrown company was founded here
decades ago, and its growth in Georgia
reflects theadvancedskillsof our dedicated
workforce as well as its overall satisfaction
with our business-friendly environment.”
Founded in 1950, Southwire remains
headquartered in Carrollton and has a
long track record of creating and retaining
jobs in the state. In 2011 and 2012, the
company created more than 600 jobs
in Carroll County and 89 jobs in Coffee
County.
“Southwire continues to pursue meaningful
growth across all of our markets as we strive
to become and remain leaders in each of
those businesses,” said Southwire President
and CEO Stu Thorn.
“These facilities and the new jobs they
provide are tangible proof of that
commitment. They also demonstrate
our commitment to focus new growth in
our hometown of Carrollton, which has
contributed immeasurably to our success.”
Southwire delivers power to millions of
people around the world. In fact, one
in three homes built in the United States
contains wire made by the company.
Half of the utility cable used to distribute
electricity throughout the country is
manufactured by Southwire. The company
also provides cable and wire solutions
for the commercial, industrial and OEM
markets and recently launched a line of
electrician’s tools to complement its Maxis
brand of contractor equipment.
MAKING
THENEWS