AIW’s Coffeyville plant to be under new ownership

Southwire Company, a producer of wire and cable products, has announced an agreement to purchase certain assets of Rhode Island based American Insulated Wire Corporation (AIW), a subsidiary of Leviton Manufacturing Co. Inc.

Southwire will acquire the AIW brands and two manufacturing facilities in Coffeyville and Douglas, Ga., both of which produce a variety of electrical wire and cable products for the commercial, industrial, retail and OEM markets.  The purchase is expected to close by the end of February.

“Acquiring AIW will allow us to diversify our product offering while continuing to strengthen our position in our core copper building wire business,” said Stuart Thorn, Southwire chief executive officer.

Leviton officials had no comment on the pending sale of the AIW brand.

Southwire is based in Carrollton, Ga.

January 24, 2010 · Posted in News  
    

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