Superior Essex

Superior Essex
Subsidiary
Industry Cable
Founded April 1999[1]

1930[1] (Essex Wire Corporation)
1954[1] (Superior Cable)
Headquarters Atlanta, United States
Key people
 Brian Kim (CEO)
Products Magnet Wire, Communication Cables
Revenue $2.99 billion (2007)[2]
Number of employees
 3,800[3]
Parent LS I&D
Website http://www.spsx.com

Superior Essex is one of the largest wire and cable manufacturers worldwide.[3] Superior Essex has its headquarters in Atlanta, United States and specializes in magnet wire manufacturing and distribution. It operates 24[3] manufacturing facilities spread over the United States, Europe, Africa and China. Superior Essex belongs to the Korean LS Group since 2008[4][5] and is one of LS I&D's subsidiaries.

History

Superior Essex was formed by a merger of Essex Wire Corporation and Superior Cable in April 1999.[1] Essex Wire Corporation was founded in 1930[1] and was an original equipment manufacturer. It operated 44 plants[1] in North America by 1965[1] and had sales of $355 million.[1] Superior Cable came into existence in 1954[1] and had sales passing $500 million[1] in 1997. In 2008, the Korean LS Group acquired Superior Essex for roughly $900 million[5] to extend its reach into the North American and European market.

Locations

Americas

United States

Canada

Mexico

Europe

France

Germany

Italy

Portugal

United Kingdom

Asia

China

References

  1. 1 2 3 4 5 6 7 8 9 10 "Company History". Spsx.com. Retrieved 2015-12-25.
  2. ↑ "Superior Essex Inc. Reports Fourth Quarter 2007 Results". Spsx.com. Retrieved 2015-12-25.
  3. 1 2 3 https://web.archive.org/web/20110702231502/http://www.theallianceonline.com/news-releases/superior-essex-to-expand-manufacturing-operations. Archived from the original on July 2, 2011. Retrieved August 31, 2012. Missing or empty |title= (help)
  4. ↑ "LS Cable Announces Commencement of US$45.00 Per Share Cash Tender Offer for Superior Essex 01.07.2008 | Nachricht". finanzen.net. Retrieved 2015-12-25.
  5. 1 2 "UPDATE 1-LS Cable buys Superior Essex for $900 million". Reuters. 2008-06-11. Retrieved 2015-12-25.
  6. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 "LS Cable & System 2011 Sustainability Report" (PDF). Lscns.co.kr. Retrieved 2015-12-25.
  7. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 "Superior Essex Manufacturing Facilities". Superioressex.com. Retrieved 2015-12-25.
This article is issued from Wikipedia - version of the 9/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.