Alcoa Fujikura acquires Electro-Wire Products

Alcoa Fujikura Ltd., a partnership between Pittsburgh's Aluminum Co. of America and Tokyo's Fujikura, will purchase Electro-Wire Products of Dearborn, MI. Combining the two electrical distribution systems manufacturers creates what officials call "a worldwide enterprise with annual revenues of about $1.35 billion." Electro-Wire is headed by Oscar B. (Bud) Marx III, former Ford Motor Co. vice president-automotive