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Axjo America plans to invest $11.1 million and create 14 new jobs at a new manufacturing facility in Conover. The company expects to consolidate two current facilities into the new location. Axjo America plans to purchase an existing 143,268 square foot facility in Conover and add new machinery and equipment that will allow the company to grow in size and increase product offerings to the cable industry.
Axjo America located in Hickory in 2011 but has since outgrown their facility. After exhausting a search for suitable buildings in Hickory and other locations and states, Axjo selected the Conover facility as best location for the expansion. Axjo uses primarily recycled environm ...
on 08/31/2016 - 05:27 pm
Venezuela's largest steelmaker Sidor has received approval for its productive recovery plan from Venezuelan President Nicolas Maduro, the company has said.The final goal of the plan is to produce 4 million mt of crude steel by 2018, Sidor said late Friday.The plan will have six steps: The first is already on course with the activation of the electric arc furnace N.1 of the billets area, also the resumption of the Line B of pellets, the Midrex I and rolling trains of wire rod and rebar."In the first month of this plan, we were able to produce 45,000 mt of crude steel, which were rolled into rebar and wire rod," said Sidor President Justo Noguera Pietri.
The second phase, currently ongoing, ...
on 08/31/2016 - 05:24 pm
Tag: Press Releases
Key Equipment Finance, one of the nation's largest bank-held equipment finance companies, announced it has provided a $3 million solar tax lease for The Monroe Cable Company's 1-megawatt solar installation by OnForce Solar. Monroe Cable, based in the Town of Wallkill, N.Y., is a manufacturer of quality cable, as well as a leading provider of shipboard electrical wire and cable for the U.S. Navy. OnForce Solar, based in the Bronx, N.Y., is a vertically integrated, turnkey solar provider that owns and installs solar photovoltaic energy systems for residential, commercial and utility scale projects.
"With this solar installation, Monroe Cable is now able to meet its goal of getting about 25% o ...
on 08/30/2016 - 08:24 am
Tag: Press Releases
AMSC, a global energy solutions provider serving wind and power grid industry leaders, and Nexans, a worldwide expert in the cable industry, today announced a partnership to market and sell AMSC’s Resilient Electric Grid (REG) system, as well as other high performance superconductor power cables, in the U.S. and Canada. As part of this partnership, AMSC and Nexans will collaborate to jointly develop and deliver these projects with existing and potential electric utility customers in the U.S. and Canada.
We are pleased to be expanding our relationship with Nexans. Nexans is a valued partner and leading provider of utility power cables, that is committed to building advanced power tran ...
on 08/29/2016 - 08:02 am
Tag: Wire China
Once again, FLYMCA will be present in the most well known, important and attractive exhibitions with many interesting news about their equipment lastdevelopments and up-dates. Thestand will be showing some interesting pictures regarding projects made during lasttwo years so that all visitors will have the opportunity to know about them. As for instance :
- For power cable market : some new rigidstrander developments improving the features of the previous models. Either for bobbins Dia. 630 or800 mmDIN or even for both bobbins on the same machine, allowing factories to use advantages of both; automatic bobbins loading process either by si ...
JFE Shoji Trade Corporation has invested in P.T. Mega Pratama Ferindo through acquiring shares of MPF. MPF is a steel wire drawing company, based in Indonesia and has been in this business of processing cold heading quality wire for more than twenty years. Currently, a lot of automobile parts manufactures of each country are establishing their production bases in Indonesia. So huge demands of cold drawn wire will be also expected in coming future. JFE Shoji has been aiming to expand business of wire rods for Japanese customers, which have already established and will establish their bases in Indonesia. Thus, MPF and JFE Shoji decided to cooperate by joint venture for mutual benefit ...
on 08/29/2016 - 07:43 am
LGE Design Build started construction on a new 33,000-square-foot distribution center for WireMasters, a distributor of wire, cable and associated electrical components for cable harnesses serving the military, aerospace and defense industry.
The new distribution center, expected to be complete in early 2017, will serve the southwestern United States. Located at 1748 N. Higley Rd. in Mesa, the building will be near Boeing and other clients at Falcon Field Airport.
After establishing an office in Mesa only four years ago, WireMasters has grown to require the new building, which is about three times larger than its previous nearby leased space.
“WireMasters continu ...
on 08/26/2016 - 01:45 pm
Tag: Wire China
EDER Engineering GmbH for nearly 70 years have offered efficient and technically leading standard-, semi-automatic- and fully automatic machines for both the reconditioning and production of ultrahard precision drawing die-tools made from tungsten carbide, natural diamond and synthetic PCD, as well as such precision dietools and technical assistance for all advanced EDER equipment and for an up-todate processing of die-tools.
EDER-Austria have been continuously active in China since 1978 and will again participate in the forthcoming exhibition in Shanghai ( 26 – 29 Sept., 2016), displaying the following products at their Stand W1 D51 in the Austrian Pavilion there:
- Machines f ...
on 08/26/2016 - 01:12 pm
Tag: Wire India
How would you define competitiveness? For us it means increasing the lifetime value of your technology in different production and market circumstances. We do it by empowering people, production and productivity - by equipping you with the right competency.
To better answer the diverse needs of wire and cable manufacturers worldwide, our portfolio is organized in three different solution levels − /Enter, //Extend and ///Explore. These solutions vary in capacity, cost, automation, flexibility, product range, space requirements and maintenance needs.
Do you need a qualified concept to realize a complete factory with the lowest risk and cost? Let us introduce a new way to seize your bu ...
on 08/26/2016 - 08:47 am
Tag: Press Releases
Davis-Standard will exhibit a high-speed unwind during K 2016 that is engineered for splice speeds up to 800 meters per minute (2,600 fpm) for sensitive, thin webs. This unwind features pneumatic splice-unit control for improved processing and functionality. It is uniquely engineered for extrusion coating applications involving aluminum foil and PE films.
The two-position, shaftless, phantom-axis turret design offers several advantages:
Driven idler rolls on the turret
Direct spindle drive using a timing belt without backlash
Cross-cut knives on the turret between two driven idler rolls
Lightweight carbon fiber knife holder
Inverter controlled turret drive
Precision turret control w ...