7 March, 2012

LS Cable & System announced that Superior Essex (a.k.a. SPSX), its U.S. subsidiary, began producing 300V and 600V cables for signaling and controlling. Such cables are widely used for power supply and management. The cables produced by SPSX are high-quality cables certified by UL (Underwriter`s Laboratories; see the glossary), which has some of the toughest standards with regard to electrical shorts and fire-proofing of electrical products. With the release of these cables, LS Cable & System has laid a foundation for advancing into the North American electricity market, and SPSX has now added power cables as well as winding wires and communication cables to its product portfolio, thereby securing new growth engines.

The plant covers an area of about 200,000 sqm. LS Cable & System has invested a total of $60 million and plans to complete it in mid-October. Currently, as part of its ramping strategy, the plant will produce mostly low and medium voltage electric power distribution cable products, but will be able to additionally produce high value-added products including high-voltage cables for electric power transmission and power solution products.