Essex Magnet Wire announces the opening of a new greenfield facility in Zrenjanin. The groundbreaking of the facility took place in March of this year and has already produced its first spool of magnet wire six (6) months later in September. Superior Essex and LS Group leaders were in attendance also joined by the President of the Republic of Serbia, President of the Provincial Government, and the Mayor of Zrenjanin.
The new Serbian facility will be one of the most energy-efficient magnet wire plants in Europe thanks to the Essex standards of sustainable development and optimized, cutting-edge production. The facility is equipped with state-of-the-art digital technology to reach the highest standard in the application of the Industry 4.0 process.
The Serbian plant, is a EUR 30 million investment, focusing on the production of round enameled copper wire, serving as a flagship for global manufacturing. It complements our other European locations in Germany and Italy, while providing customers with the same high-quality magnet wire currently produced in all of our Essex facilities worldwide.
The new facility is the product of the Essex commitment to sustainability and a highly-qualified, dedicated workforce. We look forward to the success of this facility with the opportunities and accessibility it will provide for customers in the region.
“The new facility is the product of the Essex commitment to sustainability and a highly-qualified, dedicated workforce. We look forward to the success of this facility with the opportunities and accessibility it will provide for customers in the region,” says Brian Kim, CEO, Superior Essex.
About Essex Magnet Wire — a Superior Essex Company
Essex is the largest global manufacturer of magnet wire and winding wire. With manufacturing, warehousing, and sales facilities located in 7 countries, spanning 3 continents, we are best positioned to provide seamless global sales and service. Vertically integrated in both copper rod and enamel production, Essex can minimize supply disruptions, ensure quality, and drive innovation. Essex continues to push boundaries in technology, sustainability, and innovation while dedicated to resolving customer’s challenges and positively impacting our communities worldwide.
For over 85 years, Essex has been leading the industry with innovative magnet wire solutions such as UltraShield® Plus, the gold standard for inverter duty magnet wire. Magnet Wire, with an insulated copper or aluminum conductor, is used by major original equipment manufacturers (OEMs) and is found in electric vehicle traction motors, industrial motors, transformers and generators, alternators, electrical coils and controls, and appliances. For more information, visit essexwire.com.
Press Contact: Predrag Mijatović
+381 23 600050