Description
The wire and cable sector is a mature business in several areas of the world. The lack of investments in Southern Europe, the installed machinery base in Northern Africa and the Middle East, and the recent slowdown of the Chinese economy are obliging wire and cable equipment manufacturers to rethink their products. The main focus is now shifting toward a decrease of the running costs to completely offset the cost of capital. The additional gain for customers would be in material savings as well as in an enhanced quality of the finished product.
