You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Airstrikes shake up Wall Street
    NEW YORK – Grim economic news from Europe and airstrikes in Syria rattled global stocks Tuesday.
  • Google to drop ALEC on climate
    WASHINGTON – Google Chairman Eric Schmidt says the world’s biggest Internet search company made a mistake in funding a political group that opposes U.S. action on climate change.
  • Cadillac to ditch Detroit for NYC
    DETROIT – Cadillac wants a jolt from the city that never sleeps.
Advertisement

Superior Essex to add equipment, 20 jobs

Superior Essex will invest almost $2.4 million in new magnet wire production equipment, which includes an oven, plant manager Jesse James said Friday.

The company will also create add 20 new jobs.

The Atlanta-based company has applied for a 10-year tax abatement on the equipment.

Magnet wire is used in motors, generators, transformers – anything that uses electricity.

The plant at 800 W. Mitchell St., Kendallville, now employs 61.

For more on this story, see Saturday morning’s print edition of The Journal Gazette or go to www.journalgazette.net after 3 a.m. Saturday.

sslater@jg.net

Advertisement