U.S.-based TriMas Corp. has entered into a definitive agreement to sell its aerospace segment to an affiliate of Tinicum L.P. for $1.45 billion. A press release said that the sale
Prysmian has completed a $63.8 million expansion of its Du Quoin, Illinois plant, adding 100,000 square feet of manufacturing space, 80 new jobs, expanded EV and renewables cable capacity, and a new solar farm that now supplies about half of the facility’s power under Illinois’ REV program support.
Riyadh Cables Company has signed a six‑month, non‑binding MoU with Syria’s sovereign wealth fund to manage, operate, and upgrade Syrian Modern Cable Company, localize technical know‑how, and boost Syria’s power and electrical cable manufacturing capacity as part of wider post‑conflict reconstruction efforts.
ZTT Group plans to invest about $100 million in an 80,000‑square‑meter cable manufacturing facility at Saudi Arabia’s Ras Al‑Khair Port, with annual capacity of 500 km of submarine cables, 500 km of terrestrial cables, and 12,500 km of fiber‑optic cables to support energy, digital, and logistics ambitions.
Nexans has taken a minority stake in French AI start-up Sensewaves, investing alongside American Electric Power to accelerate deployment and global expansion of Sensewaves’ Adaptix.Grid platform, which unifies fragmented utility data to deliver real-time LV and MV grid visibility, optimization, and situational awareness across the full grid lifecycle.
Wire Journal International (WJI) is the leading technical publication for the wire and cable industry.
Published monthly, WJI is written for executives, engineers, technical and sales professionals, and purchasing agents engaged in the manufacture of ferrous and nonferrous wire and cable.
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