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Superior Essex Inc

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Superior Essex Inc - Chemicals & Materials showcase

Year Founded & Workforce

1954

300 Employees

Industry

Chemicals & Materials

Services

Magnet Wire
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Superior Essex Inc Employee Contacts

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Superior Essex Inc Overview

Company Headquarters: Atlanta, United States

Founded: 1954

Workforce: ~2.300

Company Working: Superior Essex Inc. is one of the global magnet wire manufacturers and distributor companies with new inventions and production across North America, Europe, Asia, and Japan. It has positioned itself as the leader in automotive magnet wire product research and manufacture through strategic acquisitions centered on enamel and wire development. Superior Essex is the parent brand of Essex Furukawa Magnet Wire, Superior Essex Communications, and Essex Brownell. It offers magnet wire under the Essex Furukawa Magnet Wire division. The company offers automotive magnetic wire of rectangular and round shape type and provides magnet wire of aluminum, copper, and polyimide resin material. The company serves major OEMs, Tier 1 suppliers, and industry leaders in the automotive, energy, industrial, commercial, and residential sectors. It has 16 magnet wire manufacturing facilities with 391,000 MT production capacity in the United States, Canada, Germany, Serbia, Mexico, Japan, China, Japan, Italy, and Malaysia with magnet headquarters in Japan. It offers products and solutions in three regions including North America, Europe, and Asia-Pacific.

Strategy

The company Innovation Centers helps to assist organizations in meeting their expectations for innovative technological solutions through analysis, design, research, and development. The collective is taking a collaborative approach to turning ideas into reality by adhering to the vision of offering innovation to meet customers' present and future demands. Moreover, it strategizes to focus primarily on sustainable growth through differentiation via circular economy, supply chain transparency, carbon reduction targets, UN SDGs partnership, zero waste to landfills, and responsible sourcing of materials to address global concerns including climate change, biodiversity loss, waste, and pollution.

Company Snapshot

300

Employees

1954

Founded

Atlanta, United States

Headquarters

SWOT Analysis

Strengths

  • Strong technological strength and innovative power
  • Leading magnetic wire player
  • Wide product portfolio

Weaknesses

  • Limited presence in Asia-Pacific region

Opportunities

  • Custom magnetic wire solutions
  • Focus on circular economy and sustainable development of products

Threats

  • Volatile in price of materials
  • Exchange rate fluctuation

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Product Offering

  • Superior Essex Inc
    • Magnet Wire

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