Nexans signs contract for Orkney project, plans to expand French plant’s capacity
Nexans announced that it has signed a contract for the Orkney Transmission Link, for which it last year reserved capacity, and that it plans to expand a plant in France. A press release said that Nexans finalized the contract for the Orkney Transmission Link that will exchange up to 220 MW of energy between the […]
Kato Cable expanding its plant
U.S.-based Kato Cable is expanding its production plant in Mankato, Minnesota, as it continues its growth story. Per its website, the company, founded in 2006 by Eric Else, the chairman and CEO, started by manufacturing harnesses for the power generation space. Its current product range includes harnesses and assemblies for multiple applications, including medical, marine, […]
XLCC to get U.K. funding for Scotland plant
The UK Infrastructure Bank (UKIB) announced that it will provide approximately $22.3 million to HVDC subsea cable manufacturer XLCC toward building a factory in Hunterston, Scotland. A press release said that the agreement also includes an option for as much as triple the initial funding. “The bank’s financing will help XLCC develop its factory in […]
Ducab Group member to double its capacity
Ducab Metals Business (DMB), a subsidiary of the Ducab Group, plans to increase its annual production capacity for aluminum as well as bare copper product capacity in response to what it said was surging global demand for the UAE-manufactured products. A press release said that the company recently added 51,015 sq m to its existing […]
Aurora Material Solutions has expanded
Aurora Material Solutions, LLC (Aurora), a manufacturer of polymer compounds that expanded in March with the acquisition of EnCom Polymers, reports that it has completed the expansion of its plant in Streetsboro, Ohio. A press release said that the facility expansion “adds over 140 million pounds of compounding capacity, creates new jobs, and supports Aurora’s […]
Jury awards Prysmian $96.5 million from Sterlite for violation of trade secrets
A U.S. jury has awarded Prysmian $96.5 million in damages from Sterlite Technologies for significant breaches of trade secrets. This pivotal ruling emerged from a three-week trial that demonstrated how a former Prysmian executive reportedly disclosed confidential information to a direct competitor. With allegations of thousands of pages of sensitive data being compromised, Prysmian’s leadership reiterated their commitment to safeguarding their innovations and upholding fair competition standards. As Sterlite intends to challenge the verdict, the ramifications of this case could potentially transform the telecommunications industry landscape. Explore the comprehensive account of this high-stakes legal dispute.
Danieli to provide a ‘green’ carbon solution for Emirates Steel Arkan
Italy’s Danieli reports that it has signed a memorandum of understanding with Emirates Steel Arkan for a carbon reduction project for its plant in Abu Dhabi. A press release said that Emirates Steel Arkan wants to advance further toward carbon footprint reduction and is studying the possibility of installing an e-PGH (electrical Process Gas Heater) […]
Essex Furukawa Magnet Wire gets a new business name
Superior Essex, a global leader in the magnet wire and communication cables industry, announced the next stage in the company’s wire business. As part of its recent buyout of Essex Furukawa Magnet Wire, the company will change its brand name to Essex Solutions. Under the new name, Essex Solutions will encompass all current Essex Furukawa […]
Tratos acquires Telnet and an AFL unit
Italy’s Tratos Cavi Spa (Tratos) reports that it has acquired Telnet and all shares of AFL Telecommunications Europe Ltd. (AFL TE), a subsidiary of AFL Telecommunications LLC (AFL). A press release said that Telnet, a Spanish manufacturer founded in 1996, provides fiber optic cables, antennas, passive components and GPON equipment to regions in Europe, South […]
Prysmian and Encore Wire report sales reps for U.S. industrial/construction market
Following Prysmian’s recent acquisition of Encore Wire, the companies announced that they have chosen a new combination of sales representatives for industrial/construction sectors. A press release said that the 28 agencies include: AJB Sales; Apex Electrical Sales, Inc.; Arthur A. Boyle, Inc.; Callas Kingsley Electrical Sales; Cascade Western; Convergence Partners, Inc.; ESP (Electrical Specified Products); […]
