Expanding its wire product offering
Luvata announces it has purchased the electronics wire
manufacturer Accurate Wire, Inc. Accurate Wire is a
privately held company located in Branford, Connecticut USA
and manufacturer of custom shaped wires commonly used in
electronic connector applications. This acquisition reinforces
Luvata’s commitment to expanding its speciality wire product
offering to customers worldwide.
Founded in 1988, the Branford facility currently employs 25
people and in 2015 generated $12M in sales revenue. The
purchase of Accurate Wire will see Luvata assuming the long
term lease on the 60,000 square foot facility in Branford
along with ownership of the rolling, wire drawing, annealing
and in-line eddy current and laser inspection equipment.
“As the world’s leading manufacturer of many highly
specialized, niche products including battery wire,
photovoltaic ribbon, welding wire and superconducting wire
and cables,” indicates Jussi Helavirta, President of Luvata
Special Products division, “combined with the manufacturing
know-how and capacity of our long-term partner Accurate
Wire, Luvata is well prepared in meeting the expanding
needs of our combined wire customers worldwide.”
“This is good news for Accurate Wire, Luvata, and our
customers,” says Douglas Milheim, co-founder and President
of Accurate Wire. “We have had a good, long-standing
relationship with Luvata for ten years. Now as part of the
Luvata Group, a more vertically integrated business with
much larger global footprint, we will thrive.” Accurate Wire
specializes in the supply of square, flat, round and custom
shaped wire made out of copper, copper alloys, steel and
aluminum for the Electronics, Automotive, Medical and
Aerospace industries.
About Luvata
Luvata is a combination of metallurgical expertise, application know-how and close customer relationships coming together to make the most of metal.
This tradition was set in motion many years before the Luvata we know today - a tradition steeped in solving problems by doing marvelous things with metal.
We focus on offering complex, high quality metal products along with superior technical support that lend significant value. We develop new solutions in partnership with our customers to overcome the challenges facing industries including automotive, science, electronics, power generation and distribution, renewable energy, healthcare, metals and mining.
Why so special? With an extensive list of capabilities including annealing, cold forming, drawing, machining, billet and continuous extruding and continuous casting, we can manufacture the customized solution that is just right for you.
About Accurate Wire, Inc.
Accurate Wire was formed in 1988 by Douglas J. Milheim and
Matthew B. Smith, with a combined total of 60 years of
experience in manufacturing specialty wire. Originally
founded to manufacture square and round wire for electronic
connector applications, Accurate Wire expanded its
equipment base to allow for the production of flat and special
shaped wire.
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