ESSEX GROUP INC
8-K, 1995-04-26
ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS
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                                  UNITED STATES
                        SECURITIES AND EXCHANGE COMMISSION

                              Washington, D.C. 20549

                                     FORM 8-K

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported) -- April 13, 1995

                                ESSEX GROUP, INC.

              (Exact name of registrant as specified in its charter)

         MICHIGAN                      1-7418                       35-1313928
    --------------------------------------------------------------------------
    (State or other jurisdiction      (Commission             (I.R.S. Employer
         of incorporation)            File Number)         Identification No.)

    1601 WALL STREET, FORT WAYNE, INDIANA                                46802
    --------------------------------------------------------------------------
    (Address of principal executive offices)                        (Zip Code)


       Registrant's telephone number, including area code:  (219) 461-4000

    --------------------------------------------------------------------------
          (Former name or former address, if changed since last report.)<PAGE>


    ITEM 5. OTHER EVENTS.

      On  April 13,  1995 the  registrant and  its parent,  BCP/Essex Holdings
    Inc.,  issued the press release attached hereto as  Exhibit 20.1, which is
    incorporated herein by reference.

    ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

            (c)   Exhibits:

                  Item  Exhibit Index

                  20.1  Press release by the registrant and BCP/Essex Holdings
                        Inc. on April 13, 1995


                                    SIGNATURE


      Pursuant to the requirements of the Securities Exchange Act of 1934, the
    registrant has duly caused this report to  be signed on its behalf by  the
    undersigned, hereunto duly authorized.

                                          ESSEX GROUP, INC.
                                            (Registrant)




    April 13, 1995                        /s/ James D. Rice
                                          ---------------------------------
                                          James D. Rice
                                          Senior Vice President,
                                          Corporate Controller
                                          (Principal Accounting Officer)<PAGE>


                                                                EXHIBIT 20.1  

                                                      Contact:  Tom Castaldi  
                                                                (219) 461-4381

    FOR IMMEDIATE RELEASE


           BCP/ESSEX HOLDINGS TO REDEEM 16% SENIOR DISCOUNT DEBENTURES


    FORT  WAYNE, Ind.,  April  13,  1995 --  BCP/Essex Holdings  Inc.,  parent
    company of  Essex Group, Inc., is  issuing a notice  of redemption  to all
    holders   of  its  16%  Senior  Discount  Debentures  Due  2004,  totaling
    $272,850,000.    The redemption  will  take place  on May  15, 1995.   The
    debentures were issued on May 1, 1989.

      BCP/Essex  Holdings  Inc.  will  finance  the  redemption  through  cash
    received from  Essex, which  will, in turn, obtain  funds from  borrowings
    under a  new credit agreement, a  capital lease financing  facility and an
    unsecured term loan.

      Essex Group, Inc., is one of the world's largest producers of electrical
    wire and cable  products and  a Fortune  500 manufacturing  company.   The
    company's  three divisions,  supported by  26 manufacturing  facilities in
    twelve states,  produce a  broad product line that  includes magnet  wire,
    building  wire,   automotive  wire,   appliance  wire,   industrial  wire,
    electronic wire,  specialty wiring assemblies, telecommunication  wire and
    electrical insulation materials.<PAGE>


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