# Furukawa Electric and Superior Essex form magnet wire joint venture

Furukawa Electric agreed to establish a joint venture for global magnet wire business with Superior Essex, with Superior Essex owning 61% and Furukawa 39%. Furukawa will integrate its heavy magnet wire and polyimide tube businesses.

- Type: Partnership
- Announced: 2019-09-30
- Status: announced
- Products: magnet wire, polyimide tube
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Furukawa Electric](https://endata.com/companies/17643.md) (partner)
- [Superior Essex](https://endata.com/companies/19751.md) (partner)

## Sources

- [pr.com](https://www.pr.com/press-release/795895), 2019-09-30: "This joint venture will enable the two companies to provide high value-added products and technological innovations required by customers globally."

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