Throughout the company's history, we have been issued over 200 patents. This emphasis on R&D allows us to continually improve magnet wire performance and efficiency. In turn, we are able to solve our customers’ challenges.
Joint Venture with Furukawa
In March 2017, Superior Essex announced the completion of a joint venture with Furukawa to supply a new type of winding high-voltage wire (HVW) primarily to the automotive industry throughout the European Economic Area. This effort brings together the global resources and technical expertise of Essex Magnet Wire and Furukawa Electric. Included with this agreement is Furukawa’s relevant technology, which is being licensed to the joint venture specifically for automotive high-voltage wire. High-voltage wire s being adopted by automotive manufacturers for the next generation hybrid-electric vehicles (HEV) and electric vehicles (EV). This is because HVW maintains durability and high-voltage conductive/dielectric characteristics through tight winding. This new technology will enable traction motors to achieve much greater torque and horsepower while requiring a much smaller displacement.
Southeast Asia Expansion
ESSEX MALAYSIA — On June 1, 2017, Essex Group, Inc. announced the acquisition of the Penang, Malaysia magnet wire facility previously operated by LS Cable & System. The Malaysia magnet wire facility expands the global footprint of Essex into Southeast Asia. This acquisition brings Original Equipment Manufacturers (OEMs) operating in Southeast Asia local access to Essex magnet wire products, technology, and services. For the expanding Southeast Asia automotive supply market, Essex is now able to bring the dedicated focus and strong technology development expertise of its Automotive Strategic Business Unit.