Amphenol opens plant in Vietnam
The Amphenol Vietnam plant has officially opened in Ho Chi Minh City, marking a major step in Amphenol Corporation’s global expansion strategy. The new facility will reach full operational capacity by the end of this month, increasing the company’s presence in Asia and boosting its RF and broadband production capabilities. The new operation, known as Amphenol RF Vietnam Company, sets an ambitious revenue […]
U.S. subsidiary of Hellenic Cables intends to build a new cable plant in Maryland
Hellenic Cables Americas, a division of Hellenic Cables, plans to build a $300 million cable manufacturing facility in Baltimore, Maryland. The Hellenic Cables Americas project will produce underwater and underground cables that support offshore wind farms and grid modernization across the United States. The company gained a significant boost from the U.S. Department of Energy (DOE), which approved a transferable tax credit worth up to $58 million. This credit will accelerate […]
Sumitomo named the preferred bidder for proposed Shetland 2 HVDC subsea cable
Sumitomo Electric and Van Oord Lead Shetland 2 Agreement Sumitomo Electric Industries (SEI) and Van Oord Offshore Wind UK—working together as the Sumitomo Electric Van Oord Consortium (SVOC)—secured preferred bidder status for the Shetland 2 High Voltage Direct Current (HVDC) subsea link. The project supports SSEN Transmission in expanding the electricity grid across northern Scotland. Strengthening Scotland’s Energy Network National Grid ESO confirmed […]
LS Cable & System reports plan to build U.S. submarine cable plant, gets big tax credits
LS GreenLink Expands Global Cable Manufacturing LS GreenLink, a subsidiary of LS Cable & System Ltd., plans to build a high-voltage submarine power cable plant in the United States. The project forms part of the company’s long-term strategy to expand its global manufacturing capabilities and strengthen its foothold in the offshore energy sector. Driving Early Market Advantage The company […]
Superior Essex to take over remaining interest in company held by Furukawa
Superior Essex Expands Global Leadership in Magnet Wire Superior Essex, a global leader in magnet wire and communication cable manufacturing, announced an agreement to acquire the remaining minority shares in its joint venture, Essex Furukawa Magnet Wire, from Furukawa Electric. With this acquisition, Superior Essex will gain full ownership of Essex Furukawa, including its global brand, assets, and operations. The move […]