Data centers rise in US is helping this 76-year-old wire and cable company make billions
The fast-growing data center industry is creating new business opportunities for Southwire, a 76-year-old US company that makes electrical wires and cables. According to Forbes, the company is expected to benefit from rising demand for power infrastructure as more AI data centers are built across the United States. Southwire is fully owned by the Richards family, whose fortune is now estimated at $13.1 billion. The company also reported a record $9.7 billion in revenue in 2025, helped by strong demand for electrical equipment, higher copper prices and increased spending on AI infrastructure.
Data centers increase demand for power equipment
