Essex and Furukawa Electric to form global magnet wire joint venture

Essex Magnet Wire and Furukawa Electric have approved the framework of a new global joint venture, Essex Furukawa Magnet Wire LLC, combining their magnet wire operations globally (excluding Essex Italy and certain other units).

“Today is an exciting day, not only due to the announcement of the Essex Furukawa deal, but also as it marks the creation of a technological powerhouse in the magnet wire industry.”essexsolutions.com

• 1 source
• essexsolutions.comEssex, Furukawa Electric Agree To Global Joint VentureSep 27, 2019

Summarized from public sources; check the original articles before acting on it.