Advertisement

ORANGE COUNTY BRIEFLY : Furon to Sell Wire and Cable Division

Share
Dow Jones

Furon Co. said it agreed to sell its Dekoron wire and cable business to Marmon Group Inc.’s Cable USA unit. Financial terms weren’t disclosed. Dekoron sells signal and sensing wire and cable as well as other products used primarily in such industries as petrochemicals, utilities, mining and waste water treatment. The business generated sales of $29 million for the fiscal year ended Jan. 31. Laguna Niguel-based Furon, which makes engineered polymer components, had total sales of $493.5 million in the most recent fiscal year.

Advertisement