# ABB agrees to sell Huntersville cable plant to Southwire

ABB signed an agreement to sell its Huntersville, North Carolina, cable factory to Southwire Company, LLC, for an undisclosed price. The plant produces high-voltage and extra-high-voltage underground transmission cables. The acquisition is expected to close in the third quarter of 2018.

- Type: Acquisition
- Announced: 2018-01-08
- Where: Huntersville, North Carolina, United States
- Status: announced
- Products: high-voltage and extra-high-voltage underground transmission cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ABB](https://endata.com/companies/1547.md)
- [Southwire](https://endata.com/companies/17673.md) (acquirer)

## Sources

- [wirenet.org](https://www.wirenet.org/news-categories/item/93-abb-agrees-to-sell-southwire-its-u-s-extra-high-and-high-voltage-cable-plant), 2018-01-08: "We remain fully committed to the North American market and to the high-voltage cables business."

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