Superior Essex
 | A major contributor to this article appears to have a close connection with its subject. (August 2019) |
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Electrical cable |
| Founded | April 1999[1] 1930[1] (Essex Wire Corporation) 1954[1] (Superior Cable) |
| Headquarters | Atlanta, United States |
Key people | Daniel Choi (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 the parent brand of Essex Furukawa Magnet Wire, Superior Essex Communications, and Essex Brownell. It has over 3,000 employees in 11 countries. Essex is among the leading[4] global manufacturers of magnet wire.[5] It is active in the electrification of the automotive, energy, and industrial sectors.
Brands
[edit]Essex Furukawa Magnet Wire
[edit]Founded in 1930, is a global provider[4] of magnet wire, used by original equipment manufacturers (OEMs) as well as manufacturers in the automotive, energy, and industrial sectors. In 2020, a global joint venture between Essex Magnet Wire and Furukawa Electric Co., Ltd. was formed and operates under Essex Furukawa Magnet Wire.[6]
Superior Essex Communications
[edit]Founded in 1998, is a manufacturer and supplier of communications cable in North America. It is active in the development of power over Ethernet[7] applications, intelligent buildings and smart cities, and 5G Fiber infrastructure as part of the Cisco Digital Ceiling ecosystem.[8] In 2021, Superior Essex Communications announced its appointment as a corporate board member of the Continental Automated Buildings Association (CABA).[9]
Essex Brownell
[edit]Is a distributor of lead wire, motors, drives, electrical and electronic insulation, tapes, repair parts, and shop and test equipment. Essex Brownell operates 16 facilities in the United States, Mexico and Canada.
History
[edit]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 April 1999, Superior Essex was formed by a merger of Essex Wire Corporation and Superior Cable.[1]
In 2008, the Korean LS Group acquired Superior Essex for roughly $900 million[10] to extend its reach into the North American and European market.
Superior Essex's PowerWise cable won a 2018 Top Product of the Year Award for its 4PPoE innovation,[11] and it was also the first cable manufacturer to ever be awarded the International Living Future Institute's Living Product Challenge certification[12] for its Category 6+ low smoke, halogen free (LSHF) cable.
Locations
[edit]- United States
- Canada
- Mexico
- France
- Germany
- Italy
- Serbia
- United Kingdom
- China
- Malaysia
- Japan
References
[edit]- ^ a b c d e f g h i j "Company History". Spsx.com. Retrieved December 25, 2015.
- ^ "Superior Essex Inc. Reports Fourth Quarter 2007 Results". Spsx.com. Retrieved December 25, 2015.
- ^ "Superior Essex to Expand Manufacturing Operations". Archived from the original on July 2, 2011. Retrieved August 31, 2012.
- ^ a b "Magnet Wire Market Analysis by Growth Application, Segmentations and Forecast to 2024". MarketWatch. Retrieved June 14, 2019.
- ^ "Superior Essex CAT 6+ LSHF Cable | Living-Future.org". International Living Future Institute. September 11, 2017. Retrieved June 14, 2019.
- ^ "Superior Essex and Furukawa Complete European Joint Venture Establishment". www.businesswire.com. March 14, 2017. Retrieved August 19, 2021.
- ^ "Superior Essex expands PoE application offerings with PowerWise Fiber". LEDs Magazine. March 30, 2016. Retrieved June 14, 2019.
- ^ "Cisco Digital Ceiling Partner Ecosystem". Cisco. Retrieved June 14, 2019.
- ^ "Superior Essex Communications Joins CABA Board". www.sdmmag.com. Retrieved August 19, 2021.
- ^ "UPDATE 1-LS Cable buys Superior Essex for $900 million". Reuters. June 11, 2008. Retrieved December 25, 2015.[dead link]
- ^ "Superior Essex". Environmental Leader. Retrieved June 14, 2019.
- ^ "Superior Essex Sets the Standard for Sustainability with First Living Product Certification for Communications Cabling". www.businesswire.com. November 7, 2017. Retrieved June 14, 2019.
- ^ a b "Superior Essex Manufacturing Facilities". Superioressex.com. Retrieved December 25, 2015.
- ^ "South Korea's Essex to start building plant in Zrenjanin in March – Plan to employ 200 workers". www.ekapija.com. Retrieved March 1, 2018.
- ^ "Essex Group, Inc.'s Magnet Wire Division Acquires Malaysia Magnet Wire Facility". Retrieved March 1, 2018.
- ^ "LS Group to Launch Coil Business Joint Venture with Japanese Company". Business Korea. September 28, 2020.