Superior Essex To Acquire Lacroix + Kress GmbH from Mutares
ATLANTA, GA – Superior Essex Inc. has signed an agreement to purchase Lac...
A new investment focused on the production of High Voltage Winding Wires, an innovative product to deliver benefits and efficiencies for the next generation of automotive electrical powertrains.
Essex Furukawa Magnet wire Europe are proud to announce the completion of the High Voltage winding wire facility, based in its existing plant in Bad Arolsen, Germany.
On November 8th in the presence of the board members of both Essex Europe and Furukawa Electric, customers and local authorities, the opening ceremony was held to showcase to the audience the new facility dedicated to these specialist wires and the new production lines.
This innovative wire, based on an enameled rectangular wire over-coated with extruded resin, brings with it exceptional characteristics which will give the automotive industry new opportunities to downsize the motors and increase efficiency for electric vehicles.
Following high levels of interest shown by the car manufacturers and tier one suppliers in the past few months, with technical exchange about this new wire, Essex Furukawa Magnet wire is now in a position to supply samples to allow customers the opportunity to test this new wire for integration in their future developments.
About Essex Group, Inc.—a Superior Essex Inc. Company
Essex Magnet Wire is the leading, global provider of magnet wire that is used by most major original equipment manufacturers (OEMs) and industry leaders in the automotive, energy, and industrial sectors. Essex Magnet Wire has facilities in 11 countries, on three continents, and operates its business to act globally but serve locally. Having 90 years of experience allows Essex Magnet Wire to deliver innovation that customers demand while being vertically integrated in the manufacturing process to ensure quality and provide seamless delivery services from distribution centers around the world. The Essex MagForceX™ Innovation Center is furthering technological advancements in magnet wire through research and development that will provide custom solutions to customer challenges into the future. For more information, visit, https://essexwire.com
About Furukawa Electric Co., Ltd.
Furukawa Electric Co., Ltd. (TSE: 5801) started business in 1884, when its copper-smelting facility and wire-manufacturing factory was established. Since then Furukawa Electric has become pioneers in the latest technologies by addressing diverse technological issues.
Furukawa Electric has released products in a number of areas, including telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have attained the top global market share, and all of its products have contributed to society in numerous business areas. Furukawa Electric reported consolidated revenues of JPY 843.3 billion (approximately USD 7.8B) for the fiscal year ended March 31, 2017. To learn more about Furukawa Electric, please visit furukawa.co.jp/en.