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Tag : expansion

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Mikrotek Executing Greenfield Project, Eyeing Massive Five-Fold Increase

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Established in the year 1993, Mikrotek is one of the top five manufacturers of wire drawing dies and die polishing equipment in the world. As an ISO 9001:2015 certified company, Mikrotek is continuously moving forward in its vision to supply dies that meet customers’ expectations. Wire & Cable India recently......
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Orbit Wires Looks at New Geographies for Business Expansion

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One of the core purposes of Orbit Wires is to build long-term relationships with people and organisations across the globe. Orbit Group Of Companies is a renowned wiring and cabling solution partner, established in 1996. The Company has dominated the trade and engineering of wires and cables for over two......
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European Investment Bank to Support TenneT’s Expansion in Bavaria

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The Ostbayernring transmission route would be significant in terms of generating electricity from renewable sources like wind power and photovoltaics. The association between EIB and Tennet is quite longstanding. October 20, 2022 The European Investment Bank (EIB) will grant a EUR 450 million senior loan to electricity transmission system operator......
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Motherson Inaugurates New Facility in Morocco

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Motherson’s new plant, which spans 15,000 sq m, will be focussed on plastic injection moulding and state-of-the-art processes such as high-precision robot-aided milling, plastic welding, and airbag integration solutions. October 10, 2022 Mr V. C. Sehgal, Chairman of Motherson, inaugurated its new facility in Tanger Med Industrial Platform, Morocco. The......
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Corning Incorporated to Develop a Cable Manufacturing Plant in Arizona, USA

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With the latest investment in the cable production plant, Corning has made a total investment of over USD 500 million in optical fibre cable since 2020. The expansion plan is a part of the company’s series of investments in optical cables. September 6, 2022 Corning Incorporated has announced its plans......
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Runaya Group to Undertake Capacity Augmentation of FRP Rods Business

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Runaya Group is a fast-growing manufacturing start-up that leverages best-in-class technology and relationships with international partners to create innovative solutions in the resources sector. Founded in 2017 with the vision to deploy cutting-edge technology in the manufacturing sector in India, the company aims to revolutionise the resources industry by creating......
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LS Cable & System to Invest USD 26.9 million in its Tarboro Facility in North Carolina, USA

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The planned expansion of the Tarboro facility of LS Cable & System is to take place in the next three years. May 14, 2022 LS Cable & System U.S.A. Inc., the subsidiary of South Korea-headquartered firm, will invest USD 26.9 million in its Tarboro plant in Edgecombe County, North Carolina,......
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STL Poised for Growth; Declares Wins in New Markets and Accelerates Investments in 5G

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“We are confident that, in the near future, we will deliver the most advanced solutions in the areas of 5G, FTTx and rural connectivity and transform billions of lives through digital networks,” says Ankit Agarwal, Managing Director, STL. January 24, 2022 With its focused global expansion strategy, STL reached a......
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Nippon Steel mulls Expansion in India and a Mill in SEA

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Nippon Steel is intending to merge its two Thai subsidiaries, namely, NS-Siam United Steel (NS-SUS) and Siam Tinplate (STP). December 8, 2021 Japan’s Nippon Steel is planning to increase the crude steel production capacity of its ArcelorMittal Nippon Steel India (AM/NS India) joint venture. In addition, the steel manufacturing company......
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LS Cable & System Gets 200 Billion KRW Submarine Communication Cable Order from Taiwan

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The South Korean cable manufacturer is expected to bid for additional 1 trillion KRW worth of submarine communication cables in the future. October 13, 2021 South Korea-based cable manufacturer LS Cable & System has received a USD 167.89 million (200 billion KRW) submarine communication cable project in Taiwan. The cable......
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