LS Group and Furukawa Electric form magnet wire joint venture Essex Furukawa Magnet Wire

LS Group's Superior Essex and Furukawa Electric will form Essex Furukawa Magnet Wire LLC, with SPSX holding 61% and Furukawa 39%. The joint venture, headquartered in Atlanta, will focus on magnet wire technologies for electric vehicles.

“Superior Essex Inc. (SPSX), a U.S. cable manufacturer which LS Group bought in 2008, and Furukawa Electric will form Essex Furukawa Magnet Wire LLC.”en.yna.co.kr

• 1 source
• en.yna.co.krLS Group, Japan's Furukawa Electric to set up magnet wire joint venture | Yonhap News AgencySep 27, 2019

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