Manufacturing
Southwire buys ABB plant in Commerce Park
By Dave Vieser. Southwire Co., based in Carrollton, Ga., has purchased ABB’s cable manufacturing plant in Huntersville for an undisclosed sum. The acquisition was completed on July 31, and gives Southwire control of a 240,000 square foot plant which produces high-voltage and extra high-voltage underground transmission cable. “The Huntersville plant will be part of Southwire’s energy […]
Southwire buys ABB plant
Aug. 3. Georgia-based Southwire Co. has completed the purchase of ABB’s high-voltage and extra high-voltage underground transmission cable manufacturing plant in Huntersville. The purchase price was not disclosed. ABB’s 240,000-square-foot plant in Commerce Station Business Park opened three years ago just south of downtown Huntersville. The $90 million, high-voltage cable plant includes a 430-foot tower […]
NACM’s Credit Managers’ Index showed signs of improvement in April
May 4. The April report of the Credit Managers’ Index improved slightly to 53.9, above “contraction territory,” according to the National Association of Credit Management. “It would appear that a collapsed energy sector, winter worries and trepidation regarding dollar values and the interest rate weighed pretty heavily on previous months,” said Chris Kuehl, NACM economist. […]
