Found 23 records | Page 1 of 3
on 06/30/2016 - 11:03 am
Tag: Wire Expo
It could be the location or that the cable industry has finally fully recovered, but we had a record number of visitors at our booth. Many of the visitors were interested in new cable equipment. We had many interesting and serious discussions that likely lead to new orders in the near future.
The location in Mohegan Sun Resort, Uncasville CT was a great choice as it clearly attracted attendees from the close by cities and states as well as the ones further away.
The Wire Expo will surely remain in Rosendahl Nextrom’s focus and exhibition program in the coming years.
The trans-Pacific fiber optic cable system funded by Google and a consortium of five other international companies is ready for service and has gone online.
The system, dubbed FASTER, lands in Oregon in the U.S. and has two landing points in Japan, in the Chiba and Mie prefectures. It delivers 60 Tbps of bandwidth across the Pacific, and it is the highest-capacity undersea cable ever built -- about ten million times faster than the average cable modem.
"From the very beginning of the project, we repeatedly said to each other, 'faster, Faster and FASTER,' and at one point it became the project name, and today it becomes a reality," Hiromitsu Todokoro, chairman of the FASTER Management Commi ...
on 06/30/2016 - 10:12 am
Tag: Press Releases
Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, continues to apply the announced measures aimed at improving the efficiency of its Wiring Systems Division. The substantially streamlined organisational structure is already in force.
Leoni’s Wiring Systems Division has introduced a new structure, trimming its organisation from five down to three levels: there are now just 12 Business Units, which operate globally with profit-centre responsibility, that look after their customers and coordinate the orders with the plants, which in turn are responsible for the quality and cost efficiency of production based on adhering to ...
on 06/30/2016 - 09:07 am
Tag: Press Releases
Davis-Standard, LLC (www.davis-standard.com), the leading manufacturer of extrusion machinery in North America, is expanding its primary facility at its headquarters in Pawcatuck, Conn. With the support of Governor Dannel P. Malloy, the State of Connecticut Department of Economic Community Development and local government, Davis-Standard will be adding 15,000 square feet of manufacturing space and over 30 jobs in the next two years to its largest global site, which currently employs over 400 people. The facility will house the manufacturing and precision machining of advanced multi-layer blown film dies. It also enables Davis-Standard to move all blown film manufacturing for its Gloucester E ...
on 06/29/2016 - 10:22 am
Tag: Press Releases
The referendum on the UK’s membership of the European Union has put a historic decision in the hands of the British people. The vote for Brexit does now represent another blow to the UK steel industry, its value chains and the wider economy, and would also have far reaching effects on the European steel sector.
“There are a number of foreseeable negatives and very few discernible positives now that the UK will end its membership of the EU”, said Axel Eggert, Director General of the European Steel Association (EUROFER). “The UK steel industry is a vital component of the overall European steel sector, and Brexit throws its close integration int ...
on 06/29/2016 - 10:01 am
Dong Energy has awarded J Murphy & Sons Limited the onshore cable installation contract for Hornsea Project One, which is set to be the world’s largest offshore windfarm. Murphy will lay over 350,000m of cable along a 38km route, onshore cabling of 220kV and 400kV, across three circuits. The work will encompass 25 joint bays, one transition joint bay and one substation connection. Cable will be laid in 1,200mm wide trenches with three direct buried cables and one 63mm diameter duct.
The cable route will cross agricultural farmland, roads, rail crossings, canal, river crossings and ditches, overhead and underground services. These will be crossed using either the open cut method or ...
The Bridon-Bekaert Ropes Group will begin operating on 29th of June, following the £430m merger of Doncaster-based wire rope manufacturer Bridon with Bekaert’s rope business.
Bekaert, a technology specialist in steel wire transformation and coating technologies, and Ontario Teachers’ Pension Plan, the previous owner of Bridon, have completed a deal in which Bekaert owns 67% and Ontario Teachers’ holds 33% of the new businessThe new business will employ approximately 2500 people in 17 countries.
Bruno Humblet, the new Bridon-Bekaert CEO, said: “We are delighted to announce that the merger is now complete.
“The new group combines Bekaert’s existing ...
on 06/29/2016 - 09:39 am
Prysmian Group confirms the constant growth of Prysmian Russia, which recently reached many important milestones in the high-voltage electrical power transmission grid sector in Russia and Kazakhstan.
In detail, the Group has been awarded the contract to build a connection to the electrical grid that will use a HV cable system (220kV) to link up a plant operated by RusHydro — one of the leading Russian operators in the energy production sector — located in the far eastern portion of the country, in the area between Vladivostok and Khabarovsk. In the meanwhile, in the St. Petersburg area, the 110kV system connecting a sub-station of the Rosseti group to the electrical power trans ...
on 06/28/2016 - 06:07 pm
Tag: Press Releases
Prairie Village-based WireCo WorldGroup said a Toronto-based investment firm is buying a majority stake and helping reduce its debts.
Onex Corp. called the deal a “recapitalization transaction” in its announcement but offered few details of the agreement. The purchase is coming through Onex Partners IV, a $5.7 billion private equity fund that will invest $260 million.
WireCo WorldGroup said it expected, after the transaction, to extend its debt maturities to later repayment dates. Its announcement also said the company would be able to reduce its debt by about $240 million to $600 million and reduce its annual interest expense by $20 million.
“With the additional flexibi ...
on 06/27/2016 - 08:26 am
Tag: Wire China
Three months before the start of wire China 2016, the 7th All China International Wire and Cable Industry Trade Fair, about 1,000 Chinese and foreign exhibitors have reserved 618,900 square feet of net exhibit space at the Shanghai New International Expo Centre (SNIEC). The event will be jointly organized by Messe Düsseldorf (Shanghai) Co., Ltd. and the Shanghai Electric Cable Research Institute (SECRI) from September 26 - 29, 2016.
As Asia’s No. 1 trade fair for the wire and cable industry, wire China 2016 will feature renowned domestic companies such as HOSN, Hefei Smarter, Jiangsu Handing, Langfang Xinming, Shanghai Kingstone, Shanghai Originaldow and Tianjin Huayuan as well a ...