FORT WAYNE, Ind. - Superior Essex, a manufacturer of magnet wire and cable for a variety of industries, announced today that it will expand its manufacturing operations here, creating up to 15 new jobs by 2010.
The manufacturer of heavy industrial wire, cable and insulation products for original equipment manufacturers and distributors will invest nearly $1.3 million in Indiana. Beginning in December 2009, Superior Essex will begin operations in a new manufacturing facility co-located with their primary Midwest distribution center in Fort Wayne, Ind. As operations are ramped up in this 80,000 square-foot facility, production will be transitioned from the company's operations in Clifton Park, N.Y.
The Atlanta-based company, which is the world's largest manufacturer of magnet wire, plans to begin hiring additional machine operators and assembly associates by the end of the year as operations are phased in at the facility. The new operations will be for the company's Essex Brownell division, which manufactures and distributes a wide range of electrical insulating materials for the OEM and motor repair markets.
Founded in 1930 in Detroit as Essex Wire, the company got its start as an OEM supplier of wire harnesses and battery cables to Ford Motor Company. In 1999, data cable maker, Superior Telecom, purchased Essex International creating the existing partnership. Today, the company employs more than 3,800 associates at 26 manufacturing facilities throughout North America, Europe and Asia.
The Indiana Economic Development Corporation offered Superior Essex Group up to $400,000 in performance-based tax credits and up to $55,000 in training grants based on the company's job creation plans. The city of Fort Wayne will consider additional property tax abatement at the request of the Fort Wayne-Allen County Economic Development Alliance.
Superior Essex Inc., is a subsidiary of LS Cable, a wire and cable manufacturer. The Company manufactures and supplies a broad portfolio of wire and cable products for the communications, energy, automotive, industrial, and commercial & residential end-markets. It is a manufacturer of magnet wire, fabricated insulation products, and copper and fiber optic communications wire and cable. It is also a distributor of magnet wire, insulation and related products. For more information visit www.superioressex.com.
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