Southwire Acquires Assets of Seatek Company, Inc.

Southwire Acquires Assets of Seatek Company, Inc.
Southwire Acquires Assets of Seatek Company, Inc.
Southwire Tools & Assembled Products Division Adds To Its Professional
Grade Hand Tools, Extending Its Total Project Solutions
CARROLLTON, Ga., September 21, 2015 –Southwire Company, LLC, today announced that it has
purchased substantially all the assets of Stamford, Connecticut-based Seatek Company, Inc., the
leading manufacturer of hand tools and motorized equipment designed to cut metal-clad and
armored cables. The acquisition includes substantially all of Seatek’s manufacturing assets as
well as Seatek’s patents, trademarks, and brand names such as Roto-Split® and Roto-FlexTM.
“Market demand for armored cable is expected to grow over the next several years,” said
Brandon Moss, Southwire President, Tools & Assembled Products Division. “Integrating Seatek’s
category-leading products into our portfolio allows us to offer our end users the best products to
safely and efficiently prepare the cable for installation.”
According to Seatek founder Lucien Ducret, “This acquisition is a perfect pairing of two US-based
industry leaders. Southwire is the leading manufacturer of armor clad cables. Seatek is the
leader in making the tools that are used to cut and prepare armored cables on the jobsite. I am
confident that these two family-owned companies will continue their long-standing traditions of
creating innovative products that will benefit the professional tradesman and improve their
safety and efficiency installing armored cables.”
The collaboration between Southwire and Seatek actually goes back several years. “When
Southwire launched its innovative MCAP® Type MC cable in 2004, we turned to Seatek to help
develop a new version of its industry leading Roto-Split® armored cable stripper,” explained Dan
Irvin, Southwire Director of Hand Tools. “This resulted in the RS-101AC, a product that safely and
easily cuts the metal jacket without damaging the bonding conductor.”
The acquisition brings a variety of products in the armored cable cutter, cable stripper,
motorized cutter and labor-saving tools category to the Southwire hand tool product line.
“Southwire always has a keen interest in strengthening its domestic hand tool manufacturing
base,” added Irvin. “This acquisition both strengthens our product portfolio and marks a
significant investment in our manufacturing capabilities.”
“For over 65 years Southwire has been a leader in the wire and cable industry,” concluded Moss.
“Today, the Southwire Tools & Assembled Products team is continuing this legacy by driving
unparalleled value through product innovation, safety, and efficiency.”
About Southwire Company, LLC
A leader in technology and innovation, Southwire Company is one of North America's largest
wire and cable producers. Southwire and its subsidiaries manufacture building wire and cable,
metal-clad (MC) cable, cord products (including Tappan™ sound, security, and communication
cables through Tappan Wire & Cable Inc.), utility cable products, industrial power cable, OEM
wire products, SCR® copper and aluminum rod, and continuous casting technology. Southwire
also supplies MAXIS® Contractor Equipment and Southwire® Electrician’s Tools to the
commercial, industrial, retail, electrical wholesale outlet and utility construction markets. To
learn more about Southwire's products, community involvement, and its vision for a sustainable
Southwire, please visit Southwire on the web at www.southwire.com.
For Immediate Release
Southwire Company
One Southwire Drive
Carrollton, Georgia 30119
www.southwire.com
Contact:
Pat Spadafore
Eric Mower + Associates
(315) 413-4360
pspadafore@mower.com
Was this manual useful for you? yes no
Thank you for your participation!

* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project

Download PDF

advertising