In a move to build its position in armored/MC (metal-clad) cable and flexible conduit, Southwire Co. has agreed to buy Alflex, a subsidiary of Commonwealth Industries Inc., for $60 million.
In a stock purchase agreement, Southwire, Carrollton, Ga., said it will acquire all of the Alflex business, including manufacturing facilities in Long Beach, Calif.; and Rocky Mount, N.C. Both factories manufacture a variety of armored cable and flexible conduit products for the residential, commer
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