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OmniCable to acquire Houston Wire & Cable Company in USD 91 Million

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The merger will result in maximizing the companies’ highly complementary businesses, products, and national footprint to better meet the needs of their respective customers. April 02, 2021 Houston Wire & Cable Company (HWCC) and Omni Cable, LLC (OmniCable) have entered into a definitive agreement under which OmniCable will acquire all......
News

Southwire Company Acquires Sumner Manufacturing

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This acquisition provides a significant opportunity to help scale Southwire’s tools and equipment business, supporting its key strategic goals like build organizational capability, drive operational excellence and accelerate growth. December 20, 2016 North America’s largest wire and cable producers, Southwire Company acquires Sumner Manufacturing of Houston, a leading manufacturer of......
News Transmission, Distribution & Infrastructure

AMSC Partners With Nexans to Sell Its REGs

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Nexans announced to market and sell AMSC’s Resilient Electric Grid (REG) system in the U.S. and Canada. September 1, 2016 A global energy solutions provider AMSC partners with Nexans to jointly develop and deliver the projects to existing and potential electric utility customers in the U.S. and Canada. Under this......
Events

Wire Dusseldorf 2016

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Ahead of competition in Rigid Stranding Machines Main advantages of AEI Rigid Stranding Machines for end-user are high speed, latest technology, robust construction, minimal maintenance, and operator safety. February 29, 2016 With 45 years of continuous presence in manufacturing and design of Rigid Stranding Machines, AEI Machines (Associated Engineers &......
News Wire & Cable News

Southwire to Purchase of HV & EHV Facility in Huntersville, North Carolina

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The company aims at expanding its high-voltage cable production with this acquisition July 6, 2015 Southwire Company has signed an agreement with ABB, Inc., to purchase a high-voltage and extra high-voltage underground transmission cable manufacturing plant in Huntersville, North Carolina. Through the acquisition, which is expected to close in the......

KEC International wins orders worth Rs. 914 crore

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April 1, 2013 KEC International Ltd. has secured new orders worth Rs. 914 crore in its Transmission, Power Systems and Cables businesses from India and International markets. Transmission Business Americas – SAE Towers, the wholly owned subsidiary of the Company, has secured largest ever poles supply order worth Rs. 73......

Lapp Group shows moderate growth

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February 26, 2013 Characterised by the varying developments in global markets and the uncertainties in the Eurozone, the Stuttgart-based Lapp Group recorded moderate growth in the financial year 2011/2012 (1 October to 30 September). The leading provider of integrated solutions and branded products for cable and connection technology increased revenue......

General Cable Corporation to Acquire Alcan Cable

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May 21, 2012 General Cable Corporation announced that it has agreed to acquire Alcan Cable, the wire and cable business of Rio Tinto plc. The purchase price is $185 million in cash, subject to customary adjustments primarily related to working capital levels at closing as provided in the definitive purchase......

Essar to invest $ 8 billion in thermal power projects in next 3 years

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7 October, 2011 Betting big on power business, Ruia’s led Essar Power has earmarked an investment of USD 8 billion in the next three years for setting up thermal power projects in the country. For an increase of 8,000 MW power capacity, the company plans to invest USD 8 billion......
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