Southwire To Buy Essex Electrical Products’ Building Wire Operations

In the midst of unprecedented increases in copper prices and continuing consolidation in the wire and cable market, Southwire Co., Carrollton, Ga., has agreed to buy the building wire and cable assets of Essex Electrical Products, Fort Wayne, Ind.

The deal, which includes the Essex plant in Florence, Ala., is contingent upon approval by Alpine Group’s shareholders and is expected to close near year-end. The Alpine Group Inc., is an East Rutherford, N.J., holding company that owns appr

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