The 2020 Mid-Year Economic Update_long

Southwire Acquires United Sumner Manufacturing

Acquisition strengthens company's tools and equipment business.

Wire and cable manufacturer Southwire Company LLC, Carrollton, GA, has acquired Sumner Manufacturing, Houston, TX, a manufacturer of material lifts, jack stands, welding tools, material carts and other tools and equipment for the construction market. Terms were not disclosed.

 “This acquisition provides a significant opportunity to help scale our tools and equipment business. Sumner’s manufacturing capabilities and distribution network will help us achieve our team’s growth expectations over the next few years,” said Brandon Moss, president of Southwire’s tools and equipment business. “We will strengthen our company’s position in the contractor equipment space, develop new manufacturing capabilities and rapidly expand our presence in the industrial supply and rental channels.”

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