Georgia-based Southwire Co. has completed its purchase of a transmission cable manufacturing plant in Huntersville, N.C., from ABB Inc.
Through the acquisition, Southwire says it will be able to add to and expand its current offerings. The 240,000-square-foot, three-year-old plant features technology for producing high-voltage and extra-high-voltage underground transmission cables, ranging from 230 kV to 400 kV.
Helping to strengthen North America's power transmission infrastructure, these cables distribute massive amounts of electricity and renewable energy, including wind and solar, according to Southwire.
‘The Huntersville operation is a key part of our plans to grow in the global wire and cable market by expanding our manufacturing capacity and our line of products that are made in America for customers around the world,’ says Southwire President and CEO Stu Thorn said. ‘We welcome the newest members of the Southwire team and look forward to collaborating with them.’
Southwire adds that positioned on a 20-acre site in Commerce Station Business Park, the Huntersville plant fits nicely with the company's family of manufacturing facilities and customer service centers in the U.S., Canada, Mexico, Honduras and China.