Copperweld buys bimetals assets from CommScope
Copperweld Bimetallics LLC, a leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecom, utility, transportation and other electrical applications, has purchased certain assets of the CommScope BiMetals® business of CommScope for an undisclosed price.
A press release said that the transaction involves the purchase of equipment associated with the manufacture of all copper-clad aluminum and copper-clad steel products. CommScope will retain the processing equipment needed for the production of its GroundSmart® grounding solutions and will continue to manufacture and sell GroundSmart for use in grounding utility and communications networks, it said, adding that there is a long-term supply arrangement between the two companies for Copperweld to provide bimetallic wire to CommScope as needed for the manufacture of cables and other products.
The agreement between the two companies, the release said, coincides with a renewed focus on providing superior customer service at Copperweld. "We are constantly striving to improve
internal processes to make supply chain management as easy as possible for our customers," said Copperweld CEO Joe Longever. "In today's world, no one has time to wait. We strive to respond to the urgencies of the marketplace and lead the industry in serving the companies that depend on us. We are very happy to count CommScope among our customers once again going forward."