Southwire to Realign Business Toward Strategic Growth
CARROLLTON, Ga., — In support of the company's five-year strategic plan and in an effort to grow sustainably and profitably, Southwire announced that it will reorganize its executive leadership and business structure. Through this new alignment, Southwire is placing an increased emphasis on its core wire and cable business and looking at opportunities to focus more intently on areas like metals management, modernization, research and development, and systems optimization, all while remaining a premier employer and best serving the needs of its customers.
"Our long-term strategic vision to build upon our core and look for opportunities in adjacent and transformational spaces remains solid," said Rich Stinson, Southwire's CEO. "As we grow, it is important that we focus on the success of our wire and cable business first and spend the majority of our short-term efforts executing upon on our core growth strategies and operational initiatives like modernization and systems optimization."