Prysmian reports completing its $4.2 million acquisition of Encore Wire Corporation
Prysmian announces that it has completed the acquisition of Encore Wire Corporation that had been announced on April 14. A press release said that the acquisition will strengthen Prysmian’s leadership position in North America. Prysmian will benefit from enhanced cross-selling opportunities, as well as the efficiency and innovation within Encore Wire’s unique production, distribution process […]
Southwire to close facilities in 3 cities
Southwire announced that it will close its facilities in Santa Fe Springs, Rancho Cucamonga, and Livermore, California as well as reduce some staff as the company continues to realign itself. A press release said operations will cease at the Livermore and Santa Fe Springs facilities on Oct. 1, 2024, and at the Rancho Cucamonga facility […]
NKT reports signing agreement with SSEN to proceed with 2 Scottish HVDC projects
NKT has confirmed that it will be a partner for two Scottish power cable projects with SSEN Transmission. A press release said that last August, NKT had confirmed that it had reserved production and offshore installation capacity for a venture of Scottish transmission system operator (TSO) SSEN Transmission. The company plans to build two high-voltage […]
Prysmian to get €450 million to further its cable capacity for targeted EU projects
Prysmian has signed a €450 million finance contract with the European Investment Bank (EIB) to facilitate electricity transmission and distribution in Europe. A press release said that the funds will go towards manufacturing extra-high-voltage submarine power cables and high-voltage onshore cables, and other upgrades to existing cables to promote European energy transition. They will be […]
2 South Korean cable makers in legal spat over allegations of technology theft
South Korea’s LS Cable & System (LS C&S) has accused Taihan Electric Wire (TEW) of technology theft related to the design and layout of its new submarine cable manufacturing equipment. Per multiple media reports, LS C&S claimed that TEW illicitly obtained the design and layout of LS Cable & System’s specialized equipment used in the […]
Messe Düsseldorf to present the brand of 7 of its shows at Saudi Arabia event
Under the global umbrella brand of “Metalflow Alliance,” Germany’s Messe Düsseldorf will represent seven of its trade shows as part of two co-located Saudi Arabia trade events in May 2025. A press release said that the Messe will be at two Saudi trade fairs—Metal & Steel Saudi Arabia and Saudi Projects—May 5-7, 2025, the Riyadh […]
LS Cable & System subsidiary gets UL certification for power cable market
LS Eco Energy, a subsidiary of South Korea’s LS Cable and System, has obtained safety certification for underground residential distribution (URD) power cables from UL, a prominent U.S. safety certification organization. A press release said that, with the UL certification, the comany plans to expand its export product range for the U.S., adding to its […]
Multiple Essex Furukawa plants have okay for The Copper Mark Assurance Process
Essex Furukawa reports that three of its North American facilities in Indiana have successfully completed The Copper Mark Assurance Process and meet its relevant standards. A press release said the operations include plants in Fort Wayne and Franklin as well as the Metals Processing Center in Columbia City. The assurance process involved a comprehensive evaluation […]
Champlain Cable enters a distribution partnership with Cameron Connect
Champlain Cable announced that it has entered into a distribution partnership with Cameron Connect to service the North American rail transit market. A press release said that Cameron Connect is now a partner distributor stocking Champlain Cable’s EXRAD-Rail™ line of wire and cable products for the rail market. “This partnership provides OEMs and sub-suppliers with […]
Cemanco LLC to represent product lines of Germany’s Petig AG in North America
Cemanco LLC reports that it will be the North American representation of PETIG AG of Germany, global leader in hydraulic cable shears and steel rod cutters. A press release said that Petig AG entered the hydraulic cutting tool market in 1950, and today the company is exporting their products to more than 40 countries. Its […]
