Poland’s Tele-Fonika plans to build its 1st plant in the U.S., seeks state tax break
Tele-Fonika Cable Americas will invest $365 million to build its first U.S. cable manufacturing plant in Waller, Texas. Slated to begin operations in 2029, the facility will produce power, telecom, energy, and industrial cables, creating 75 jobs and expanding TFKable’s global manufacturing footprint.
India’s largest cement manufacturer plans to enter the wire and cable industry
UltraTech Cement is investing $216 million to enter India’s wire and cable industry, with production set for December 2026 in Gujarat. The initiative aligns with its vision to expand its role in the construction value chain and target residential, commercial, and industrial sectors.
Leoni AG opens new plant in Morocco
Leoni AG Opens New Agadir Plant to Grow Commercial Vehicle Wiring Business Leoni AG has opened a new plant in Agadir, Morocco to produce wiring systems for the truck, powertrain, and off-road segment, strategically locating the site near major commercial vehicle manufacturers. The facility supports Leoni’s goal to expand faster than the global commercial vehicle market and strengthens Morocco’s […]
Sequel Wire & Cable reports investment, forms new entity, has ambitious plans
Strengthening Growth Through Strategic Funding and Expanded Capacity Sequel Wire and Cable has received an investment from Cuprum Holdings, LLC and launched a new parent company, Sequel Wire and Cable Holdings, LLC (SWCH). The partnership boosts financial strength, speeds up expansion plans, and increases production capacity. Sequel Wire and Cable Cuprum Holdings Investment Fuels Expansion Based in Argos, Indiana, Sequel […]
Consortium makes $200 million investment in Essex Solution unit, plans to go public
Southwire Backs Ndustrial’s AI Energy Platform Southwire Company, LLC announces a strategic investment in Ndustrial.Io, Inc., an AI-powered energy intensity platform that helps industrial operators cut energy use and emissions. This partnership supports Southwire’s long-term sustainability strategy and its focus on smarter, more efficient power solutions. Learn more about Southwire’s sustainability efforts at https://www.southwire.com. Explore Ndustrial’s industrial […]