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Feb. 27, 2024

Southwire begins restructuring

May 1, 2003
Southwire Co., Carrollton, Ga., announced a restructuring program that includes selling some businesses and exploring other alternatives, including downsizing,

Southwire Co., Carrollton, Ga., announced a restructuring program that includes selling some businesses and exploring other alternatives, including downsizing, to refocus its strategy on its core wire and cable businesses.

Southwire is looking at ways to strengthen the company to face the future in an increasingly competitive wire and cable industry. Southwire has put its copper refining and aluminum smelting operations up for sale. Southwire also has sold Integral Corp., Dallas, Texas, a producer of preassembled cable-in conduit.