News of Prysmian deal to acquire Encore Wire resonated at halls of wire Düsseldorf
Prysmian Encore Wire Acquisition Boosts North American Growth Prysmian Group signed an April 15 agreement to acquire Encore Wire for about $3.9 billion. The deal ranks as the largest transaction in wire and cable industry history and quickly became the main talking point on the opening day of wire Düsseldorf in Germany. The Prysmian Encore Wire acquisition will […]
New company plans to make wire harnesses and custom cable in Kansas
The Elite Harness Wellington wiring harness plant will refurbish an existing facility in Wellington, Kansas, and convert it into a 50,000-sq-ft manufacturing site. Elite Harness will produce wiring harnesses and custom cables for automotive, industrial, agricultural, aerospace, and other industries that depend on dependable electrical connections. Elite Harness expects to invest $14 million in the project and […]
Canadian body to invest alleged wire rod dumping by China, Egypt and Vietnam
The Canada wire rod dumping investigation focuses on whether certain wire rod imports from China, Egypt, and Vietnam enter the Canadian market at unfair prices. Authorities aim to determine if these imports distort competition and harm Canadian producers. The Canada Border Services Agency (CBSA) opened the case after Ivaco Rolling Mills 2004 LP (Ivaco) filed a formal […]
Tri Star Metals acquires Centric Alloys
Tri Star Metals Centric Alloys Acquisition Expands Product Reach Tri Star Metals completed the Tri Star Metals Centric Alloys acquisition, adding a leading specialty metals bar and wire supplier to its portfolio. The deal helps Tri Star reach more high‑performance applications across North America. Centric Alloys works as a distributor and mill‑sourcing partner for nickel‑based alloys, […]
Aztech Lubricants acquired by Kodiak, new owners plan product expansion
The Aztech Lubricants acquisition by Kodiak marks a major step forward for both companies. Kodiak, a global leader in chemical innovation, has acquired Aztech Lubricants, a respected manufacturer of wire industry lubricants. Founded in 2005 by Jonathan Anderson and Michael Colvin, Aztech operates from Wayne, Oklahoma. The facility spans 40,000 square feet and includes an advanced in-house laboratory for quality control and research and development. Anderson […]