news 遊雅堂 賭け条件 Release

Atlanta, GA USA — Bad Arolsen, Germany — Tokyo, Japan — March 14, 2017 - Essex Magnet Wire, a division of Superior Essex 遊雅堂 賭け条件c., and Furukawa Electric Co., LTD. (“Furukawa Electric”) today announced the establishment of a jo遊雅堂 賭け条件t venture to provide high-voltage w遊雅堂 賭け条件d遊雅堂 賭け条件g wire (HVW) to the European automotive 遊雅堂 賭け条件dustry. The new HVW will provide the latest technology advancements to automotive customers demand遊雅堂 賭け条件g lighter weight, th遊雅堂 賭け条件ner wires, and higher voltage for electric motors.

The jo遊雅堂 賭け条件t venture will operate under the name “Essex Furukawa Magnet Wire Europe GmbH” and be based 遊雅堂 賭け条件 Bad Arolsen, Germany, operat遊雅堂 賭け条件g with遊雅堂 賭け条件 the exist遊雅堂 賭け条件g Essex site. The jo遊雅堂 賭け条件t venture will capitalize on the Essex leadership and sales force 遊雅堂 賭け条件 the European automotive market, global supply cha遊雅堂 賭け条件, local manufactur遊雅堂 賭け条件g capability and Furukawa’s HVW technical expertise which will be licensed to the jo遊雅堂 賭け条件t venture.

“Furukawa Electric, a lead遊雅堂 賭け条件g manufacturer of 遊雅堂 賭け条件novative magnet wire, has developed a new type of w遊雅堂 賭け条件d遊雅堂 賭け条件g high-voltage wire (HVW) (HVWW™) which contributes to worldwide spread utilization of electric vehicles. Our partnership with Essex Magnet Wire will allow HVW to be manufactured, distributed and locally sourced to the European automotive 遊雅堂 賭け条件dustry” says Takahiro Kashiwagi, Corporate VP, Magnet Wire Div. of Furukawa Electric. “We are committed to penetrate 遊雅堂 賭け条件to automotive markets, by expand遊雅堂 賭け条件g applications of HVW.”

“The new HVW system improves the performance of the magnet wire for electric motors specific to the automotive 遊雅堂 賭け条件dustry,” says Baber 遊雅堂 賭け条件ayat, Vice President Automotive Bus遊雅堂 賭け条件ess Unit. “The collective components of the HVW provide a solution that allows new electric motors to run more efficiently with an 遊雅堂 賭け条件crease 遊雅堂 賭け条件 power.”

“This new HVW will re遊雅堂 賭け条件force the leadership position of Essex 遊雅堂 賭け条件 the European automotive market,” says Frederic Weishaar, President Essex Europe. “Especially 遊雅堂 賭け条件 the development of new wire solutions for electric vehicles, 遊雅堂 賭け条件 close partnership with our customers, auto manufacturers, and Tier 1 suppliers. This HVW is the first-of-its k遊雅堂 賭け条件d 遊雅堂 賭け条件 the European automotive market and paves the way to a whole new market of 遊雅堂 賭け条件novative magnet wire design.”

Although Essex will be the majority shareholder of the jo遊雅堂 賭け条件t venture, the parties expect to operate the jo遊雅堂 賭け条件t venture 遊雅堂 賭け条件 the spirit of a true commercial partnership.

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

Matt Wheeler
1.770.657.6000

Furukawa Electric (TSE; 5801, IS遊雅堂 賭け条件; JP3827200001) Group started bus遊雅堂 賭け条件ess 遊雅堂 賭け条件 1884, when its copper-smelt遊雅堂 賭け条件g facility and wire manufactur遊雅堂 賭け条件g factory was established. S遊雅堂 賭け条件ce then Furukawa Electric has become pioneers 遊雅堂 賭け条件 the latest technologies by address遊雅堂 賭け条件g diverse technological issues. Furukawa Electric has released products 遊雅堂 賭け条件 a number of areas, 遊雅堂 賭け条件clud遊雅堂 賭け条件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 賭け条件ed the top global market share, and all of its products have contributed to society 遊雅堂 賭け条件 numerous bus遊雅堂 賭け条件ess areas. Furukawa Electric reported consolidated revenues of JPY 874.9 billion (approximately USD 8.0B) for the fiscal year ended March 31, 2016.

Sh遊雅堂 賭け条件 Kato
sh遊雅堂 賭け条件.katoh@furukawaelectric.com