Superior Essex is one of the largest wire and cable manufacturers worldwide. Superior Essex has its headquarters in Atlanta, United States and specializes in magnet wire manufacturing and distribution. It operates 24 manufacturing facilities spread over the United States, Europe, Africa and China. Superior Essex belongs to the Korean LS Group since 2008 and is one of LS I&Ds subsidiaries. Superior Essex was formed by a merger of Essex Wire Corporation and Superior Cable in April 1999. Essex Wire Corporation was founded in 1930 and was an original equipment manufacturer. It operated 44 plants in North America by 1965 and had sales of $355 million. Superior Cable came into existence in 1954 and had sales passing $500 million in 1997. In 2008, the Korean LS Group acquired Superior Essex for roughly $900 million to extend its reach into the North American and European market.