Southwire Company buys new Ga. plant

Carrollton, Ga.-based Southwire Company said it has agreed to buy the brands of  Rhode Island-based American Insulated Wire Corporation and  AIW's manufacturing facilities in Douglas, Georgia, and Coffeyville, Kansas.

Southwire, a privately held company that produces a variety of wire products commercial, industrial, and retail markets, did not disclose the terms of its purchase. The purchase of AIW, a subsidiary of Leviton Manufacturing Co. Inc, is expected to be completed by the end of February.

“Acquiring AIW will allow us to diversify our product offering while continuing to strengthen our position in our core copper building wire business,” said Stuart Thorn, Southwire CEO.