Italian Magnet Wire Company to Open Fort Wayne Facility in 202612/17/2025An Italian magnet wire company plans to expand to Fort Wayne next year. The company Tretau, which operates in the U.S. as Tau Wire Corp., will invest $18 million in the facility and create more than 70 new jobs in the next four years. Tretau’s Wayne facility will be like its Italian site, using smart manufacturing systems and eco-friendly coating technology. More details about a ribbon-cutting and community events for the facility will be shared in early 2026. Click here to learn more about Tretau.