July 31, 2017
Volume 20, Issue 3
INSIDE THIS ISSUE
General Cable Reviewing Strategic Alternatives CommScope Acquiring Cable Exchange........ 2
including a Potential Sale of the Company Brand-Rex Expands Cable Portfolio.................2
CWI Stops Production in Erin, Ontario..............2
General Cable Corporation, Highland Heights, KY, USA, a leading supplier of Advanced Digital Cable Expands....................3
LEONI at 100: Globalization Video on Asia......4
copper, aluminum and fiber optic wire and cable products, announced that its LUTZE’s New Flexible Ethernet Cables.............4
Board of Directors has initiated a review of strategic alterna- New Contracts for Nexans...............................5
tives to maximize shareholder value including a potential Essex Adds Flat Wire for Electric Vehicles........5
sale of the company. General Cable has engaged J.P. Morgan Securities LLC New Overhead Conductor from Southwire....6
Comtran: Cables Achieve Free Air Rating....... 6
as financial advisor and Sullivan & Cromwell LLP as legal advisor to assist in LS Cable wins submarine cable contract........6
the process. John E. Welsh, III, Non-Executive Chairman of the Board, said, Encore Wire Rings Nasdaq Opening Bell........ 7
“While the management team has made excellent progress in the execution Northern Cables Expanding............................. 7
of our strategic road map to transform the company into a more focused, ef- Prysmian & AIESEC Partner............................... 7
ficient and innovative organization, we expect the industry to consolidate over Wire & Cable Guangzhou Sets Record...........8
time and believe the review at this time is in the best interests of shareholders.”
Michael T. McDonnell, President/CEO, said, “I am proud of the efforts of our Presented by:
people to transform our business over the last two years including rationalizing Initial Publications, Inc.
1741 Akron Peninsula Rd,
the asset base, refocusing on core businesses, streamlining our supply chain Akron, OH 44313 USA
and accelerating profitable growth in key segments. While we are benefiting
from these performance improvements, current dynamics in our industry are Tl: +1 330 864 2122 • Fx: +1 330 864 5298
masking those accomplishments, and we expect that trend to continue into e-mail: [email protected]
2018. As we conduct our review, we remain committed to executing our plan,
to competing and to continuing to deliver innovative wire and cable solutions.” Chip Lippincott Publisher
Mike McNulty VP & Editor
The company said that there can be no assurance that the Board’s strategic Jim Masar Senior Editor
review will result in any transaction, or any assurance as to its outcome or Tom Hutchinson Global Sales Manager
timing. General Cable will not disclose or comment on developments related Mike Dies Sales Representative
to its review unless and until the Board has approved a specific transaction.
www.generalcable.com
TELE-FONIKA Kable to Acquire JDR Cable Systems Subscribe @ www.wiretech.com/overview.asp
JDR Cable Systems (Holdings) Ltd., a leading supplier of subsea umbilicals and power cables to
the offshore energy industry, will be acquired by TELE-FONIKA Kable (TFKable). The transaction is subject to regulatory
approval. Both firms have a long history of collaboration, with TFKable being JDR’s business partner providing water-
blocked power cores for its cable/umbilical systems used in the global offshore oil, gas and renewable industries.
Monika Cupiał-Zgryzek, TFKable CEO, said, “TFKable is a strategic investor with long-term vision for JDR, sufficient
resources to support its continued growth and vast knowledge of the market. We highly appreciate JDR’s experienced
people, recognized brand name, technological competence and successful track record. TFKable plans to maintain
JDR’s operations in current locations, providing new opportunities for the local employees and business partners.”
David Currie, JDR CEO, said, “This acquisition creates a strong platform for JDR to enhance its position in offshore
energy cables and umbilicals. It demonstrates the value our leadership has created through targeted investment in
subsea technology, services, manufacturing and the talent and expertise of our staff.” www.jdrcables.com
Wire & Cable Stock Indexes
% CHANGE % CHANGE
since last issue YTD 2017
OVERVIEW 40 3444 +2.1 +9.5 9911 Brecksville Road
OVERVIEW Electrical 2615 +2.7 +8.4 Cleveland, OH 44141 USA
OVERVIEW Communications 837 +2.4 +9.7 Toll-Free: +1 888 234 2436
OVERVIEW Steel 496 -1.5 +6.8 [email protected]
•All data are from prices listed on the market on July 24, 2017. www.lubrizol.com/engineeredpolymers
Page 1
BUSINESS & MARKET REPORT
July 31, 2017 New TEKTAPES™ Distribution
Center in Columbus, Georgia
= Notebook
TEKTAPES™, Houston, TX, USA,
CommScope Acquiring of the Sneham International Group,
Cable Exchange has announced the opening of its
CommScope, Hickory, NC, USA, distribution center in Columbus,
will acquire Cable Exchange, GA, USA, some 100 miles (160 km)
Santa Ana, CA, USA, which is southwest of Atlanta, GA, USA. lead time significantly. At this stage,
a quick-turn Columbus offers great access to the facility is set up to process fabric
supplier of fi- transportation, infrastructure and and metal tapes. As we move along
ber optic and copper assemblies skilled labor. The facility will serve we plan to implement coating and
for data, voice and video. The the wire and cable industry with masking processes as well.”
Wire and Cable Wire and Cable Wire and Cfiber optic and copper cables,
trunks and related products used
firm manufactures a variety of vendor-managed services includ- www.tektapes.com
ing slitting, testing, co-packing and
logistics. A comprehensive range of Change in Niehoff
Customized CompoundCsustomized CompouCndusstomizein high-capacity data centers products will be in inventory.
Management Board
CompounaaTSgtEvcuyhcrponu,tCioeollmspditCzwEatpaloeuigPociemocdnelaRttqf’isghfif-zfetouliCteeaormreiassdmronmnbiatmtseeboaieiro.llpunadkrtinhteoesistyuetutddtiaomnnftwaremoeodd/ehtirasrseaiephgsnsrcieihutcageenanpovhnnpsdorp-tptlCecpcteolaiaaorocrrgsblppatmyelatoareitoimahlncsemnsideef--sianwirnekbcelalltusaqhtcloraedslaiucigdibmnc“iaanhWregcotlea-or:iioaettpdmatydnerihnpep,p-c”aoccelooosuviorrsnwanetsfnidtoioodritslnnoinrovcEuAvonloutCeoisnelllsiitlfsClznEatileisotetgsPettdhmodoietdRnfrfiMfzfuegwroliCuearnrmesadmnommtstmrreeeoaeteeahnlpadrntthchitetosisiiushonet,utaomiC2gnunwramdd/4EsehinuarseO/eiesgdpnr7,,,ihtcaanovpdorfofCbpualpcftaElatbiaoNNtuYFcOAchgoorblaIorhyruierEelektrNroena,iHWtooa,lcdhennGOmNonstorfFhdAFslieeidamnwKeFrewmrrirPonuehikmbEpdueecrelelasNolaarelxaWtPusaifDacsncefaiendsrr,EatizeycnddiybXncPeeSu.werrregccowotInocr:ihnieavtlmstaslwedskcitionnphiapomgfoeloEi-nousMqarbEmvowsuntorrniCfinepoadolsptmadCaasolstoieidgoguclonoyemtplheofofofofel/itmflehnnarhrftsimifeggrneotehneloeniboev-rartthoeoseltfetaacdwrgudicesaroetnaomtasmanpwipdozepeu
hypEelrassctoamleerdica, tCarocsesnlintekarsbleo,per- TEKTAPES. “Our eExlaissttionmgercicu,sCtoromss-linkpabelres,ons.
CaecorvosmamialpfaonobrudtlanesdbtesloervthticoeemhpaFM.aavlInaoterdmtihsntTteeehuhlrripRseessreCmrftecearouoserdpostlalsatuvhnlsierntectrikacieyranCbdeoHtimseCaaepolTF1ToeaoxmmMhlxg.up::aepe88nlel55baond66cCrudy..sFt44hCne66rot77diedhue..04sere5t8ft,o88CSE44wexjooenedmiendcsSwpbuatwolohoetrwsiouevf@.,NnNeNtmidJehieh0Osihoa8sof0ffnf8f-fUiy-5aEEFcUCaSeUlSeAlPngaoaSAa.drRmAcmse.ocrtTo(mmoepCCmhmaoRoeEeunemreOnnmrdtpidact)oosr,dpuCalnarndostsstiacsnliCndkoHam
atedanbdy Tthherwmoprlldas’stilcaCrgoemspt oteucnhds-
noloFglaymaenRderteartadailnctoamndpHaanlioegse.n Free BBrraandn-dR-eRx,eGxleEnFInrxRosputMhlaaeatsinso,tndeS,rsbJcaaoCtctclkahPenetidRsn,g-,Cruolems apnldiarenqtuiCresatbhalet aPll coarbMIFtlneRfsosouisMlmatluatiairsooertne-C,rbJroaastccskhleinetiksnagb,e C
Mwowistwur.ecoCmromssslicnokpabee.cCoommpounds
a Leviton companayn,dhBasedadningouCnocmedpouknedtsed in the European EconomanicdABreedading Compoun
CWFIRtoMSatsoteprbMatcahneusfacturing
in EIrnisnu,laOtinonta, Jraioc,keCtiangn,ada,
Dueantod BHeidgdhinPgoCwomerpoCuonsdtss
Local reports say, Central Wire the availability of a full line of copper carry a CE mark along with a formal
Industries (CWI) will stop the and fiber communication cabling that Declaration of Performance verifying
manufacturing portion of its meets classifications within the EU compliance. Brand-Rex worked closely
Construction Products Regulation with European standards committees
wire production business in Erin,
(CPR). Brand-Rex was one of the and industry bodies in anticipation of
Ontario, Canada, due to the first manufacturers to introduce CPR- this important change.
high cost of power. Production compliant cables in 2016. Since then, it
of stainless steel and nickel alloy has expanded its portfolio of EuroClass
cables, which includes Eca, Dca, Cca
2Otww0nirotetaoUrwp2iSorw51oAs0wdjio8tfuea.bcwcR,cestmiwaslniidtnwetiwreo.aaEEsiDlnrlllwiTeainrbneciin.vrgelt:eedri+.t,mcch1iNCotesoa2amveu0bPengl3eedda-rC7ttthtu2oo,c3mk-p,2oC5u9Tn0Cgaa“aF0dnenPos6sddtRir.7tgachB7nacoec2in0lfimlacireycsaUapasmrrcSniofdoiatAdcepniaunmputcviefootaesrnncsatstthpumntrrrrdaooeetucn1frioigebt0onhse8orsortf,hwsfRsreicutoewaoprrlsduwienpgotoqtl.iourioEeuorrDnoircllrTleseeuerteci.dosssvlt:eri+,c1NCwobBlfyia2iatnthuo0bhgfgl3e,fmeea-iBrC7rotirunur2oaegcn3mnki-Eoqdp,2puc-oC5Rateiu9o,eTcDn0nxa0sdcpb6astrl.,o7ioncC7vgomci0dmaeeeUneasvtSnicdtrAhouBwens2tmwoncwmeeaN.enecEadtarsluTsse-,egclat1:rti+0uc81cCkR2a,0baCl3deT-oC702oD
design and manufacturing operations,” and requirements specific to different
Quality Compounding for CDsaPirideRc-Itcaoonrm. W“pWliilakeniecae,trQheBaenrulaedanWardledi-atiiRnyrdegeinCxet&hMsoesamC.wnBaaparagyboninludieng-nIdniEshdniaUfuigvcesamfttloieeroyrmsnsbDreecraasc,ttaCiotcneast,.oaTflnhademBeh2itghchaaencr alocblwaleess-r
the Wire & Cable Industry
Rex worked towards this point for many classifications and introduce fewer
years and has the expertise to help hazardous substances in the event of
customers understand how CPR will a fire within a building.
affect upcoming networking projects.” In addition to CE-marked labelling,
108 Rado Drive, Naugatuck, CT 06770 FiCnoPsrtRacalrlebedlgeuswl,aiitttehin1sin0twrc8owEodRnwuusar.cEotderlpouTseececDntalt:ierroni+iwcvn1Cebfm,i2aurNe0baill3adtsee-uiaCn7rgfi2goeaa3mstltsyu-.p2co5ku9,Bbn0ClridnaTsgn.0cdb6o-7yRm7eEw0xuwrioswC.cbloaralsonsrd.c-oredxin.cgocmopper ca-
Tel: +1 203-723-2590
www.ElectricCableCompounds.com
Page 2
BUSINESS & MARKET REPORT
will take over the field Production well as to Europe’s largest Internet July 31, 2017
and Engineering. The other two Exchanges, all physically located in
members of the executive manage- Interxion’s data centers. Notebook
ment are Elena Graf, who keeps
her responsibility as Chief Financial Angola Cables will also improve Major Expansion at
Officer (CFO), and Bernd Lohmüller, access to the major cloud services ADC’s Georgia Facility
who stays responsible for Sales and providers and content providers Advanced Digital Cable Inc.
Service as Chief Sales Officer (CSO). that are key to the communities of (ADC), Hayesville, NC, USA, a
interest present at Interxion facilities. leading manufacturer of electri-
Maschinenfabrik Niehoff devel- cal, electronic and communica-
ops and builds with an experience www.angolacables.co.ao tion wire and cable, announced
of more than 60 years all machin- a US$15 million-dollar expansion
ery, with the exception of extruders, Alpha Assemby celebrates to its current manufacturing facil-
needed for the production of wires 50 years in Italian market ity in Blairsville, GA, USA.
made from nonferrous metals and
the further processing into auto- Alpha Assembly Solutions, The current ADC Blairsville facil-
motive, power, data and special Somerset, NJ, USA, ity now employs 70 individuals.
cables. In addition, the portfolio a world leader in the With the expansion, ADC will
contains technical assistance by add 100,000 ft2 of manufacturing
professional specialists who speak production of electronic soldering space to the existing facility and
the customers’ languages. and bonding materials, last month 65 employees within four years.
celebrated its 50th Anniversary of
www.niehoff.de the ALPHA® brand in Italy. www.adcable.com
Angola Cables enhances The bi-centenary was marked DiIT Software Being Used for
interconnection between with a dinner at the Cannavacciuolo Wiring Harnesses at LEONI
Africa & Europe Café e Bistrot in Novara Martiri della DiIT AG, a leading software ven-
Liberta, which was attended by the dor of Manufacturing Execution
Interxion Holding NV, a leading current Alpha Italy team and past Systems (MES) for wiring har-
provider of carrier employees who played a key role ness production has acquired
and cloud-neutral in establishing Alpha in the Italian LEONI as a new customer. The
market. A commemorative silver company will deploy DiIT’s CAO
co-location data center services in plaque will adorn the entrance to solution in its worldwide produc-
Europe, and Angola Cables S.A., a Alpha Assembly Solutions in Italy. tion of wiring harnesses.
multinational telecoms wholesale Automotive supplier LEONI will in-
operator, today announced that Alpha, a MacDermid Perfor- stall the latest version 12 of DiIT’s
Angola Cables has extended its mance Solutions company, has CAO (Cutting and Assembly Op-
international network to three In- become a leader in Italy in the sup- timization) solution for the cutting
terxion facilities in Europe: Frankfurt, ply of electronic assembly materials room and manual pre-assembly
London and Marseille. to key industries such as consumer production areas, with electronic
and automotive electronics. Kanban integrated.
This network expansion is a core
part of Angola Cables’ mission www.alphaassembly.com www.diit.de
to improve connectivity between
Africa and Europe. Interxion’s three ABB wins order to
selected facilities will enable Angola upgrade Nordic HVDC link
Cables to connect directly to over
400 network service providers as ABB has won an order worth
some US$30 million from
Svenska Kraftnät in Swe-
den and Energinet in Denmark.
Drawing Lines for Nonferrous/Ferrous •
Annealers • Insulating/Jacketing Lines •
Sheathing Lines • Payoffs/Take-Ups •
Spoolers • Coilers • Bunchers • More
T: +1 301 223 8584
F: +1 301 223 8542
Web: www.sampinc.com
E-Mail: [email protected]
Page 3
BUSINESS & MARKET REPORT
July 31, 2017 LEONI at 100 Years: Releases Globalization Video
Featuring Jerry Cummins & Asian Cable Division
Notebook
From the small Franconian wire pro-
LUTZE Introduces New duction shop to one of the world’s
Flexible Ethernet Cable largest cable and wiring system
New flexible Cat5e AWM 600-V manufacturers, LEONI AG began to
Ethernet cable (part#104349) establish cable harness production
from LUTZE, Charlotte, NC, USA, outside Germany as long ago as 1977.
is engineered to protect your The first steps into the Americas and
data from harmful interference Asia followed in the 1990s as LEONI’s
ensuring uninterrupted data market became more global.
transmission and long-term Jerry Cummins, who is in charge of
network reliability. It adds a teal the cable division’s business in Asia,
colored, foil and braid shielded, explains in the context of the 100-year
4-pair Cat5e offering to LUTZE’s anniversary, what this development
product line to better serve the means in specific terms and what it will
automation market in the USA. take to be internationally successful
Flexible copper stranding makes into the future. He is one of five peo-
installation and routing easy and ple to share their assessments of and
small OD makes field wiring IDC experience involving key LEONI topics
connectors simple. before the camera. The video with his
testimony is accessible on the website,
Thanks to the new cable’s AWM 100.leoni.com as well as several social
600-V rating, there is no need media channels.
for internal wire separation in LEONI AG says that it intends to drive
machinery and electrical panels. its own globalization forward in the
In addition, the PLTC listing means future. And in order to distribute its
that the cable can go directly into business more evenly between the
the power limited section of a three economic regions of the Ameri-
cable tray. Both of these features cas, Asia and EMEA (Europe, Middle
save material and labor costs for East and Africa).
machine manufacturers, panel
shops, contractors and mainte- www.leoni.com
nance departments, or anyone
installing Ethernet cable in an ABB will upgrade the control and lands. The system will be in service
industrial application. protection system for the Konti-Skan by June 2018. Per the multi-million
high-voltage direct current (HVDC) dollar contract, McKay will design
www.lutze.com transmission link with its latest ABB and build the Hawaiki cable land-
Ability MACH technology. The order ing station. Scope of work includes
was booked in Q2 2017.
www.abb.com
McKay Ltd. to supply Hawaiki
Cable for cable landing station
McKay Ltd. of New Zealand has
signed a contract with Ha-
waiki Submarine Cable LP,
the owner and developer
of the Hawaiki submarine cable
system, for the building of the Cable
Landing Station (CLS) in Mangawhai
Heads. The Hawaiki submarine
cable system is a new trans-Pacific
cable, which will link New Zealand
and Australia to mainland USA
as well as Hawaii, with options to
expand to several South Pacific is-
Page 4
BUSINESS & MARKET REPORT
full civil, building, electrical, standby Global Compact, an initiative for July 31, 2017
generation, AC/DC UPS systems companies to align strategies and
and HVAC systems to provide the Notebook
required CLS facility for Hawaiki. drive operational
awareness around New Contracts for Nexans
McKay provides engineering, universal principles on human
automation, manufacturing, con- rights, labor, environment and anti- Transmission system opera-
struction and maintenance services. corruption, and take actions that tor, TenneT, awarded Nexans,
advance societal goals.
www.mckay.co.nz The UN Global Compact is the Paris, France, the
world’s leading voluntary corporate contract to supply
IWMA welcomes TapeFormers, citizenship initiative, with more than and install the cables for the
SI Interline & Yanghzhou Havet 12,000 signatories in 170 countries. DolWin6 direct-current link. Two
According to the organization, par- parallel, XLPE-insulated 320 kV
The International Wire & Ma- ticipants pursue a leadership and DC cables, each some 90 km
chinery Association (IWMA) has engagement approach that incorpo- in length, will be able to carry
rates all business functions and inte- a maximum output of 900 MW.
welcomed three new grates sustainability into corporate Nexans also announced that
member compa- strategy, operations and culture. Nexans Norway has signed
nies—TapeFormers Ltd., SI Interline www.southwire.com a five-year Global Framework
and Yangzhou Havet Machinery Agreement with BP to supply
Co., Ltd. R&M publishes new on-line engineering, procurement and
TapeFormers Ltd. is based in the journal for the Spanish construction of umbilical and
Midlands (UK), in a factory designed & Latin American markets Direct Electrical Heating (DEH)
for the manufacture of tape formers. systems and ancillaries.
A wide selection of laser-cut and Swiss cabling specialist, R&M, www.nexans.com
pre-machined parts allows fast or- is publishing its on-line specialist
der filling, www.tapeformers.com. journal for network professionals, Essex Suzhou Adds New
SI Interline supplies special mate- now also in Spanish. Flat Wire for Electric Vehicles
rials to cable manufacturers located
in Russia, Kazahstan, Belorussia At the website listed below, in- Fine flat wire, a new addition to
and Azerbaijan. SI Interline distrib- stallers, planners, users and other the copper magnet wire prod-
utes and represents worldwide- interested parties will find a fast, uct portfolio of Essex Suzhou,
known brands such as Lantor, state-of-the-art source of informa- Jiangsu, China, provides auto-
Unigel, DSM Functional Materials tion focusing on trends, technolo- motive customers
and others, www.cableprod.ru/en. gies and solutions for connectivity with a key mag-
Yangzhou Havet Machinery Co., projects. net wire solution
Ltd. makes reels, spools, bobbins, for electric vehicle
coils and drums in Yangzhou City, Now available in four languages, traction motors. To showcase
China, www.havet-china.com. the journal focuses on copper and this new wire as well as Essex
www.iwma.org FO network technology for data cen- round wire, Essex Suzhou will
ters, offices and buildings as well as have a booth at the 2017 China
Southwire becomes signatory telecommunication and broadband International New Energy Vehicle
to UN Global Compact networks. Electric Control Exhibition, July 18
to 20, 2017, in Shanghai, China.
Southwire, Carrollton, GA, USA, connections.rdm.com/es
recently announced that is has www.superioressex.com
become a signatory to the UN
NIEHOFF ENDEX
North America
Your Worldwide Partner
For Non Ferrous Wire Processing Equipment
1 Mallard Court, Swedesboro, NJ 08085 USA ZTT sets up plant in Indonesia
ZTT Indonesia recently held a
Tel.: 856.467.4884 [email protected]
Fax: 856.467.0584 www.Niehoff-USA.com grand commencement ceremony
in Indonesian Suryacipta Park.
Page 5
BUSINESS & MARKET REPORT
July 31, 2017 Comtran: Fire Rated Cables Achieve “Free Air Rating”
VITALink® 2 Hour Fire Rated Circuit
Notebook
Integrity cables from Comtran Cable,
Southwire: New Overhead
Conductor for Extreme Ice Attleboro, MA, USA, are the first to
Southwire, Carrollton, GA, USA,
offers a new high-quality, high- achieve the CI Free Air Rating.
strength, cost-effective overhead
conductor with significant perfor- According to Comtran, these VITALink
mance advantages. Designed to
handle extreme ice loads (over 1" cables are classified as both CI/CIC,
thick around the conductor), Max
Ice™ overhead conductors sag meaning the same cable can be used
less under heavy ice loads. This
saves money, as support struc- with or without conduit, making the
tures don’t need to be as tall.
cables the most versatile circuit integ-
Max Ice is also rugged to save
utilities on downtime and repair rity cables on the market. They offer
costs following storm events.
a conduit-free solution for riser and
www.southwire.com
horizontal installations, meaning no
LS Cable wins southeast Asia
submarine cable contract fill restrictions.
LS Cable & System has won
a contract to export submarine VITALink 2 Hour Fire Rated Circuit In-
cables worth KRW 62 billion from
Singapore PowerGrid (SPPG). tegrity cables save money, time, space
This is the first time a Korean
cablemaker will export extra- and labor, and are also wet rated and
high-voltage (EHV) submarine
cables to southeast Asia. LS Ca- sunlight resistant. No special tools,
ble will connect a 1.5 km offshore
section between Woodlands termination kits or training is required
New Town in the northern part
of Singapore with Johor Baharu for installation (installs per NEC code). rise buildings, government buildings,
in the southern part of Malaysia.
Comtran VITALink 2 Hour Fire Resis- airports and stadiums/arenas where
www.lscable.com
tive CI/CIC cables will protect critical evacuation times are beyond the ca-
You need it—We have it!
802.773.9111 systems under the harshest condi- pabilities of standard fire alarm cabling
www.carris.com tions. These cables are vital in life or when partial evacuation is required.
[email protected] www.comtrancorp.com
safety applications in hospitals, high-
X ue Jiping, Director of ZTT Group project will allow Liban Cables to
entrusted Ye Zhifeng, GM at ZTT reduce greenhouse gas emissions
Indonesia with felicitating its ground by 750 tons per year.
breaking and gratitude Also, further to an agreement
to all the guests’ sup- between Nexans and Viscas share-
port and help during the prepara- holders, the NVC Joint Venture
tion to construct ZTT Indonesia. is now a 100% Nexans-owned
Since ZTT entered into the In- company.
donesian market in 2006, it has www.nexans.com
achieved recognition and trust for
its excellent products and brand Corning declares dividend
effects. Establishing a plant in In- The Board of Directors of Corn-
donesia consolidates and expands ing Incorporated,
the ZTT brand in Indonesian and Corning, NY, USA,
surrounding countries. has recently declared a quarterly
The ZTT Group supplies and in- dividend of US$0.155 per share on
stalls products for telecom, power, Corning Incorporated’s common
renewable energy and oil and gas. stock.
www.zttcable.com The dividend will be payable on
September 29, 2017, to sharehold-
Nexans: Solar energy at cable
plant; NVC JV now 100% owned
As part of its contribution to en-
ergy transition, Nexans, headquar-
tered in Paris, France,
recently inaugurated
a new 600 kW peak solar power
system at its Liban Cables Naher
Ibrahim industrial facility North of Phone:
Beirut, Lebanon. This solar power
+1 973 402 4098
www.simpacks.com
Page 6
BUSINESS & MARKET REPORT
Encore Wire Rings Nasdaq Stock Market Opening Bell July 31, 2017
On July 6, 2017, Encore Wire Corpo- Notebook
ration, McKinney, TX, USA (Nasdaq:
WIRE), visited the Nasdaq MarketSite Northern Cables Expanding
in Times Square, New York, NY, USA,
Local reports say that Northern
to celebrate its 25-year listing anniver- Cables, a Brockville, Ontario,
Canada, producer of copper,
sary. In honor of the occasion, Daniel aluminum and low-voltage
Jones, Chairman, President and CEO, cables for industrial, mining
rang the Opening Bell. and commercial use, received
$820,000 from the Ministry of
Encore Wire is a leading manufacturer ments and manufactured housing. Economic Development and
of a broad range of electrical building www.encorewire.com Growth to expand its Brockville
wire for interior wiring in commercial facilities by 30,000 ft2 and allow
and industrial buildings, homes, apart- for investment in new equipment
to manufacture aluminum prod-
ers of record on August 31, 2017. Additionally, in order to further ucts at its Prescott facility.
www.corning.com strengthen its business, Yazaki Ser-
bia said that it plans to hire some www.northerncables.com
Yazaki Group’s first 1700 people by the end of 2019 Prysmian & AIESEC Partner
production base in Serbia Prysmian Group, Milan, Italy,
www.yazaki-group.com and AIESEC, a youth-led orga-
Yazaki Corporation, which is nization that strives to achieve
headquartered in Tokyo, Japan, Conference Calls/Webcasts... peace and fulfillment of human-
kind’s potential, have announced
has recently es- • Belden Inc., St. Louis, MO, USA, a global partnership to support
tablished a new will report results for its fiscal second “Youth for Global Goals”, AIESEC’s
company in order to produce auto- quarter, before trading begins on
motive wiring harnesses in Serbia. August 2, 2017. Management will initiative developed in collabora-
This new company began mass discuss results during a conference tion with the United Nations and
production on July 4, 2017. call at 8:30 AM ET. The listen-only aimed at rousing young people
According to Yazaki Coorpora- audio of the conference call will be towards implementation of Sus-
tion, the new company, which is broadcast live via the Internet. tainable Development Goals.
known as Yazaki Serbia d.o.o., is a www.belden.com
wholly owned subsidiary of Yazaki www.prysmiangroup.com
Wiring Technologies GmbH. • CommScope Holding Company,
Yazaki Serbia will manufacture Inc., Hickory, NC, USA, will release its “Your one-stop supplier of high-quality,
automotive wiring harnesses main- second quarter 2017 financial results global-value, second-hand nonferrous
ly for truck manufacturers located on August 3, 2017, before the market
in Europe. opens, followed by a conference wire & cable equipment”
call at 8:30 AM ET. The conference 100 Franklin Street
call will also be webcast over the
Internet. www.commscope.com Bristol, CT 06010 USA
T: +1 860 583 4646 • F: +1 860 589 5707
• Siemens, of Germany, will release
its third quarter results for fiscal year E-mail: [email protected]
2017 on August 3, 2017. The confer- Website: www.wireandplastic.com
ence call for journalists will be at
8:30 AM CEST, and the analyst call
will be at 10:00 AM CEST, broadcast
live. www.siemens.com
Page 7
EVENTS & OPPORTUNITIES
Wire & Cable Guangzhou • Prysmian Group, Flavio Casiraghi July 31, 2017 Subscribe @ www.wiretech.com/overview.asp
Sees Record Attendance • BASEC, Dr. Jeremy Hodge
• Southampton University HV EVENTS
Wire & Cable Guangzhou 2017
ended with record-breaking visi- Laboratories, Dr. James Pilgrim September 19 – 21, 2017
tors, according to its organizer, and Dr. Simon Sutton wire Southeast Asia
affirming the show’s position as • Cimteq Ltd, Ali Shehab Bangkok, Thailand
a universal business event for the • Huber Martinswerk, www.wire-southeastasia.com
wire and cable industry. Martijn Mies October 3 – 5, 2017
• Aachen University, wire South America
Organized by Guangzhou Professor De Donker Sao Paulo, Brazil
Guangya Messe Frankfurt Co. • Brand-Rex, Ken Hodge www.wire-south-america.com
Ltd., China Southern Power Grid • Integer Research, October 5 – 7, 2017
Media Co. Ltd. and Guangzhou William Plunkett Cable & Wire Fair 2017
BoYou Exhibition Service Co. Ltd., • De Montfort University School New Delhi, India
the fair ran from June 9 to 11, 2017, of Engineering and www.cablewirefair.com
at the China Import and Export Fair Sustainable Development, October 8 – 11, 2017
Complex in Guangzhou, China. Professor Alistair Duffy IWCS 2017™ International Cable ·
• Continuus Properzi, Connectivity Symposium
Wire & Cable Guangzhou 2017 Carmelo Maria Brocato Orlando, FL, USA
had 220 exhibitors and attracted www.iwcs.org
22,642 professional buyers from 42 www.cabwire.com November 7, 2017
countries and regions. The Wire & CabWire 2017
Cable Guangzhou event was held Major ICT Conference by Düsseldorf, Germany
in 20,000 m2 of exhibition space BICSI to Take Place in Toronto www.cabwire.com
and presented an extensive display December 6 – 9, 2017
of south China’s latest products and BICSI, Tampa, FL, USA, the asso- Iran Wire 2017
innovations in wires and cables, ciation advancing the Teheran, Iran
manufacturing machinery, materi- information and com- www.iranwire.ir
als and accessories. munications technol- February 27 – 28, 2018
Advanced Cable North Aemrica 2018
www.wire-cable-china.com ogy (ICT) community, has identified Miami, FL, USA
Toronto, Ontario, Canada, as the www.integer-research.com
CabWire 2017: location for its 2019 and 2021 BICSI April 16 – 20, 2018
Features & Speakers Update Conference & Exhibition. wire 2018
• 2019 BICSI Canadian Confer- Düsseldorf, Germany
CabWire 2017 takes place No- www.wire.de
vember 7, 2017, at the CCD East in ence & Exhibition; April 8-11, May 15 – 16, 2018
Düsseldorf, Germany, and it has- 2019, Toronto Congress Centre Wire Expo 2018
secured a whole host of leading • 2021 BICSI Canadian Confer- Nashville, TN, USA
ence & Exhibition; April 19-22, www.wirenet.org
names from industry, 2021, Toronto Congress Centre
academia and re- The headquarters hotel for both September 26 – 29, 2018
search to speak at the conferences will be the Delta Ho- wire China 2018
event. It will focus on tels by Marriott, Toronto Airport & Shanghai, China
current issues dramati- Conference Centre. www.wirechina.net
cally affecting the cable industry November 27 – 29, 2018
right now including new insulation www.bicsi.org wire India 2018
systems and the effects of Brexit Mumbai, India
and CPR. Speakers include: www.wire-india.com
April 8 – 11, 2019
2019 BICSI Canadian
Conference & Exhibition
Toronto, Ontario, Canada
www.bicsi.org
Custom Compounder of LSOH, Specializing in Equipment for the
PVC, TPE, TPO & TPR Materials Wire & Cable Industry.
• Appraisers • Auctions
140 Leominster-Shirley Road
Lunenburg, MA 01462 USA • Individual Pieces or Entire Plants
+1.401.943.3777: phone
Tel: +1 978 537 8261 x169 • Cell: +1 508 494 0270 +1.401.943.3670: fax
E-mail: [email protected]
Website: www.sespoly.com e-mail: [email protected]
Page 8