PIREMAG

Piremag was founded in 1983 as an independent extension of Pirelli and continues as the exclusive sales and marketing office for PPEINVEX magnet wire for the North American market. It has serviced the United States and Caribbean markets continuously since inception, with an emphasis on customer relationships and technical support.

Piremag is headquartered in Middletown, NJ. The company maintains sales offices in Fort Wayne, IN; San Diego, CA; San Juan, Puerto Rico; and Toronto, Canada.

Piremag warehouses are located in Fort Wayne, San Diego, the Dominican Republic and Canada


More about INVEX 
and PPEINVEX


   
   

INVEX

Invex was founded in Italy in 1948 and quickly became one of Europe's largest producers of magnet wire, as well as Italy's largest independent producer. In 1987 Pirelli purchased all of Invex's assets, maintaining and expanding centers of excellence in Italy and Brazil. The Brazilian facility, now known as PPEINVEX, began continuous service to the North American market, through Piremag, in 1983.

As part of a strategic realignment and expansion into telecommunications, Pirelli subsequently sold its total European magnet wire operations back to Invex in 2002, the same year that Invex opened a new facility in China, which was subesequently sold in January of 2006. The balance of the total Pirelli magnet wire operations, located in Brazil, were sold to Invex in 2004. No changes, other than in name and ownership, were made.

Today, Invex remains a true multinational magnet wire producer, and continues as one of the largest producers in the world. Total production is approximately 80,000 metric tons per year (175 million pounds), with sales split approximately 60/40 between Invex/Italy and PPEInvex in Brazil. Invex is also the world's largest producer of transposed cable, a high value-added product manufactured from rectangular magnet wire sections.

PPEINVEX

PPEINVEX began magnet wire operations in Brazil in 1929 as a division of the Pirelli Group, and has manufactured in the present location outside of Sao Paulo, Brazil since 1980. The factory, known as one of the world's finest and most technically advanced facilities, encompasses approximately 1,300,000 square feet (150,000 square meters), and produces a complete line of insulated copper and aluminum magnet wires, as well as transposed cables.

PPEINVEX is vertically integrated, producing its own enamels as well as the complete line of enamel coated wires (4 AWG through 52 AWG). All special magnet wire products are produced, including Kapton, Nomex, paper wrapped, glass served and square and rectangular shapes. This Brazilian facility has been servicing the North American market including the Caribbean basin, through Piremag, since 1983. Its total production capability is approximately 70 million pounds per year. The company is well managed, strong and profitable, and for a consistent period has been setting annual records in financial performance and production, thereby forming a strong long-term basis for close relationships with many of its world-class partners.

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