Latest acquisition news from Amphenol Corporation is for Carlisle’s CIT business
Amphenol Corporation—which has been in a busy acquisition track—announced that it is acquiring the Carlisle Interconnect Technologies (CIT) business of Carlisle Companies for a little over $2 billion. A press release said that the definitive agreement will see CIT’s harsh environment interconnect solutions join Amphenol’s existing interconnect solutions. CIT produces wire and cable, cable assemblies, […]
Belden to expand fiber production, gets visit from NY governor bearing grants
New York Governor Kathy Hochul recently visited Belden Inc. at its plant in Syracuse, New York, where she announced $2.4 million in incentives and tax credits to help the company expand its optical fiber production. A press release said that Syracuse is home to Belden’s primary Broadband Solutions location, operating under the PPC Broadband brand, […]
Nexans gets order from Italian utility for 6,000 km of power distribution cable
Nexans has been awarded a contract to supply a leading Italian utility with 6,000 km of low- and medium-voltage power distribution cables and services. A press release said that the cables will be manufactured at the Nexans plant in Battipaglia, Italy, using 100% guaranteed low-carbon aluminum that can reduce the greenhouse gas emissions by 35% […]
Nexans reports it has an agreement to acquire Italy’s La Triveneta Cavi
Nexans announces that it has agreed to acquire La Triveneta Cavi, an iconic Italian manufacturer that serves the European medium- and low-voltage segments. A press release said that the company, founded in 1965 by Ermenegildo Scalabrin, Gastone Massignan and Bruno Gobetti, employs some 700 people and has current revenues of more than €800 million over […]
Trexon’s Industrial Products Group has been acquired by Amphenol Corporation
Amphenol Corporation has completed the acquisition of the Industrial Products Group (IPG) of Trexon, a divestiture that includes the brand portfolios of TPC Wire & Cable, Pittsburgh Wire and Cable and MilRail. A press release said that the elements will become part of the Amphenol Harsh Environment Solutions Division, joining several other existing industrial businesses. […]
Prysmian to expand its optical cable manufacturing plant in Australia
Italy’s Prysmian announced an expansion to the company’s optical cable manufacturing plant in Australia to help meet the needs of Telstra InfraCo, a key, long-time customer. A press release said that Prysmian will expand the plant that is in Dee Why in New South Wales (NSW). Prysmian will enhance and increase the production of locally […]
Belden holds groundbreaking ceremony for $40 million plant expansion in India
Belden recently marked a significant milestone in its operations in India with the groundbreaking ceremony of expansion of the company’s manufacturing facility in Chakan, Pune. A press release said that the expansion, which will add 19,000 sq m to the existing footprint, represents an investment of approximately $40 million. The expansion will result in a […]
Sumitomo establishes Mexico subsidiary
Sumitomo Electric Industries, Ltd., has established Judd Wire Mexico, S.A. de C.V. (JMEX), a subsidiary focused on the manufacturing of tab leads for automotive lithium-ion batteries, as well as high-functionality and high heat-resistant electric wires. A press release said that an investment project announcement ceremony was held last September by the Economic Development Bureau of […]
New partnership buys cable-layer vessel
Belgium’s Herbosch-Kiere and the U.K.’s Enshore Subsea have teamed up to buy a shallow-draft cable layer called the Topaz Installer. Per multiple reports, the 88-m long vessel, built in 1999, is owned by the two companies in a newly created partnership entity called the Combined Marine Offshore Services (CMOS). The vessel will be renamed the […]
EK Group acquires ATB Srl
Italy’s EK Group, through its subsidiary MB Technology, announced that it has acquired ATB Srl, also based in Italy, as part of its expansion plans. A press release said that ATB, located in Pieve Vergonte, in the province of Verbano-Cusio-Ossola, is involved in manufacturing and assembling electrical and electronic wiring, as well as creating control […]
