# Essex and Furukawa forge joint venture for global magnet wire business

Essex Magnet Wire (Superior Essex) and Furukawa Electric agreed to combine nearly all their magnet wire operations into a joint venture named Essex Furukawa Magnet Wire, LLC, expected to close by April 2020.

- Type: Partnership
- Announced: 2019-09-27
- Status: announced
- Products: magnet wire
- 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

- [magneticsmag.com](https://magneticsmag.com/essex-and-furukawa-forge-joint-venture-for-global-magnet-wire-business/), 2019-09-30: "A key motivation is to create a single brand that can serve the automotive industry’s growing need for magnet wire to electrify its power trains."

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