China In-Focus: Fushi Copperweld Inks Sales, Distribution Deal With Copperhead

January 15, 2010 (FinancialWire) — Fushi Copperweld, Inc., (NASDAQ: FSIN) said it has executed a five-year exclusive representative agreement with Copperhead Industries, LLC.

Under the terms of the agreement, Copperhead has the exclusive right to purchase, inventory, promote, or sell the company’s copper-clad steel Tracer Wire Products or finished goods containing Copperweld CCS Tracer Wire Products within the United States and Canada.

Copperhead is a manufacturer and distributor of Extra High Strength Copper-Clad Steel Tracer Wire products used to conductively locate buried utility lines for the gas, water, sewer, telecommunication, and electrical markets within the United States and Canada.

Minnesota-based Copperhead and Copperweld Bimetallics were jointly the innovators in the development and marketing of EHS CCS for use as Tracer Wire in Reinforced Directional Drilling Products. Copperhead holds a patent for the use of EHS CCS in all directional drilling applications.

China-based Fushi Copperweld is a manufacturer and innovator of copper-cladded bimetallic engineered conductor products used in the electrical, telecommunications, transportation, utilities and industrial industries.

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