# LS Cable acquires SPSX power cable plant in North Carolina for $24.6M

LS Cable (LS전선) announced it will acquire a power cable plant in Tabor City, North Carolina from its affiliate Superior Essex (SPSX) for $24.6 million, establishing a U.S. production subsidiary. The plant produces medium- and low-voltage cables.

- Type: Acquisition
- Announced: 2017-03-30
- Where: Tabor City, North Carolina, United States
- Value: $24.6M
- Status: announced
- Products: medium-voltage cables, low-voltage cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Superior Essex](https://endata.com/companies/19751.md) (target)
- [LS Cable & System](https://endata.com/companies/21025.md) (acquirer)

## Sources

- [ir.newspim.com](https://ir.newspim.com/news/view/20170330000383), 2017-03-30: "LS전선은 미국 내 계열사인 '수페리어 에식스(SPSX)'로부터 노스캐롤라이나주 전력 공장을 인수해 현지 생산법인을 설립한다고 밝혔다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.