wiredinUSA August 2015

Facilities purchase

Southwire Company has agreed to purchase a high voltage and extra-high voltage underground transmission cable manufacturing plant in Huntersville, North Carolina. Through the acquisition, from manufacturer ABB, Southwire will add extra-high voltage cable products to its range, and will extend its high voltage manufacturing capacity. “We are committed to growing in the global wire and cable market. Today, we take another step toward that goal as we

further expand our manufacturing capacity and expand our line up of products,” said Southwire president and CEO Stu Thorn. “In addition, today's agreement paves the way for us to develop a strategic relationship with a global company like ABB, a recognized leader in power and automation technologies.” The plant features the latest technology for producing high voltage and extra-high voltage underground transmission cables, ranging from 230kV to 400kV.

wiredInUSA - August 2015

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