As part of its ongoing modernization efforts, wire and cable product manufacturer Southwire said it expects to increase production capacity by 30% by 2025 with the expansion of the company’s Florence, Alabama facility.
The 300,000-square-foot Southwire Florence Plant was acquired from Essex in 2006 to support the company’s production of commercial and residential building wire. This expansion will include approximately 340,000 square feet of added space for new equipment, and include renovations to the existing building to include employee amenities such as locker rooms, training space and an outdoor activity area.
These investments and upgrades will effectively streamline Southwire’s commercial and residential building wire efforts, complement existing products and emphasize the facility’s culture and labor pool, Southwire officials said in a June 9 news release.
“At Southwire, we’re making a multi-year investment of more than a billion dollars to integrate newer and better equipment, systems and technology into our operations to increase efficiency, enhance competitiveness and ensure the operational capability and capacity to support our strategic growth,” Southwire President and CEO Rich Stinson said.
Construction is expected to begin this quarter and should be completed in 2025.
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