This acquisition provides a significant opportunity to help scale Southwire’s tools and equipment business, supporting its key strategic goals like build organizational capability, drive operational excellence and accelerate growth.
December 20, 2016
North America’s largest wire and cable producers, Southwire Company acquires Sumner Manufacturing of Houston, a leading manufacturer of material lifts, jack stands, welding tools, material carts and other tools and equipment for the construction market. The acquisition includes manufacturing operations and corporate support functions in Houston and Langfang, China, as well as sales and distribution offices in Canada, the United Kingdom and the Netherlands. This addition will add over 160 employees to the Southwire workforce.
The purchase of Sumner is another representation of Southwire’s commitment to building a business that differentiates itself from its competition through innovation and excellent service. Also, Sumner is a key supplier to the welding and mechanical contracting industries while Southwire supplies assembled products, contractor equip-ment and hand tools. So, this acquisition will strengthen Southwire’s position in the contractor equipment space, develop new manufacturing capabilities and rapidly expand its presence in the industrial supply and rental channels.
