Article: New York-Based Wire Firm Loses Money, Due in Part to Fort Wayne, Ind., Branch.

By Doug LeDuc, The News-Sentinel, Fort Wayne, Ind. Knight Ridder/Tribune Business News

Feb. 14--FORT WAYNE, Ind.--Superior TeleCom Inc. lost $9.4 million for the fourth quarter and $2.1 million for 2000.

The parent company of Superior Essex blamed the loss partially on one-time charges, including some incurred by the Fort Wayne-based Industrial Products Group.

The company said Tuesday it lost $0.11 per share for the year and a 14 cents per share for the quarter. The New York-based wire and cable manufacturer earned $37.2 million, or $3.01 per share, during 1999, including $2.8 million, or 49 cents per share, during the fourth quarter of ...

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