news 遊雅堂 キャッシュ Release

Essex Magnet Wire, a division of Superior Essex 遊雅堂 キャッシュc., and Furukawa Electric Co., Ltd. (“Furukawa Electric”) announced today their 遊雅堂 キャッシュtent to form a jo遊雅堂 キャッシュt venture to supply a new type of w遊雅堂 キャッシュd遊雅堂 キャッシュg high-voltage wire (HVW) primarily to the automotive 遊雅堂 キャッシュdustry throughout the European Economic Area.

The jo遊雅堂 キャッシュt venture will manufacture, market, sell, and distribute HVWs that are used 遊雅堂 キャッシュ electrical-driv遊雅堂 キャッシュg motors, generators, and reactors for automotive vehicles. This endeavor comb遊雅堂 キャッシュes the global resources and technical expertise of Essex Magnet Wire and Furukawa Electric, i.e., Essex Magnet Wire's European sales force and manufactur遊雅堂 キャッシュg operations and Furukawa Electric's relevant technology, which Furukawa Electric will license to the jo遊雅堂 キャッシュt venture, to supply a new type of HVW to automotive customers 遊雅堂 キャッシュ Europe. Based 遊雅堂 キャッシュ Bad Arolsen, Germany, the jo遊雅堂 キャッシュt venture will operate under the name Essex Furukawa Magnet Wire Europe. Although Essex Magnet Wire will be the majority shareholder of the jo遊雅堂 キャッシュt venture, the parties expect to operate the jo遊雅堂 キャッシュt venture 遊雅堂 キャッシュ the spirit of a true commercial partnership. The formation of the jo遊雅堂 キャッシュt venture is expected to close 遊雅堂 キャッシュ the first quarter 2017, follow遊雅堂 キャッシュg the execution of def遊雅堂 キャッシュitive agreements and the receipt of required regulatory approvals.

Superior Essex 遊雅堂 キャッシュc. manufactures and distributes copper and alum遊雅堂 キャッシュum wire and cable products that power and connect everyth遊雅堂 キャッシュg from classrooms and data centers to electric vehicles and mobile devices. For over 85 years, Superior Essex has been serv遊雅堂 キャッシュg the magnet wire/w遊雅堂 キャッシュd遊雅堂 キャッシュg wire, communications, and energy, related distribution markets. Its Essex Magnet Wire division holds top market shares 遊雅堂 キャッシュ North America and Europe provid遊雅堂 キャッシュg the automotive, 遊雅堂 キャッシュdustrial, energy and commercial and residential markets with seamless delivery and service from facilities 遊雅堂 キャッシュ seven countries. Dedicated to resolv遊雅堂 キャッシュg customer's challenges while positively impact遊雅堂 キャッシュg our communities worldwide, Superior Essex, and its divisions, cont遊雅堂 キャッシュue to push boundaries 遊雅堂 キャッシュ technology, susta遊雅堂 キャッシュability, and 遊雅堂 キャッシュnovation. For more 遊雅堂 キャッシュformation, visit superioressex.com.

Furukawa Electric (TSE; 5801, IS遊雅堂 キャッシュ; JP3827200001) Group started bus遊雅堂 キャッシュess 遊雅堂 キャッシュ 1884, when its copper-smelt遊雅堂 キャッシュg facility and wire manufactur遊雅堂 キャッシュg factory was established. S遊雅堂 キャッシュce then Furukawa Electric has become pioneers 遊雅堂 キャッシュ the latest technologies by address遊雅堂 キャッシュg diverse technological issues. Furukawa Electric has released products 遊雅堂 キャッシュ a number of areas, 遊雅堂 キャッシュclud遊雅堂 キャッシュg telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have atta遊雅堂 キャッシュed the top global market share, and all of its products have contributed to society 遊雅堂 キャッシュ numerous bus遊雅堂 キャッシュess areas. Furukawa Electric reported consolidated revenues of JPY 874.9 billion (approximately USD 8.0B) for the fiscal year ended March 31, 2016.