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Search results in tag Closures

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Found 14 records | Page 1 of 2

Bekaert To Shut Italian Rubber Reinfo...

by wireworld on 07/11/2018 - 04:22 pm
Tag: Closures

Bekaert S.A. is planning to close down a rubber-reinforcement products operation in Figline, which it acquired from Pirelli in late 2014.

Bekaert said the competitive position of the site had been under pressure in recent years, with "significantly higher cost structure" compared with other Bekaert plants in EMEA. While expressing regrets over the measure, Bekaert said its management could not see any other option to strengthen its market share in the European rubber reinforcement markets.

The Belgian group said June 22 that it had informed the works council of the Figline site and authorities about the decision, which will affect 318 jobs.

Bekaert acquired the Figline site from Pirelli, ...

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Leoni Completes The Sale Of Its Facto...

by wireworld on 02/06/2018 - 03:31 pm
Tags: Closures, Press Releases

Roth - Leoni, the leading provider of cables and cable systems to the automotive sector and other industries, on 19 December 2017 accepted the City of Roth's offer to purchase its factory site located at no. 5, Stieberstrasse. Leoni will lease the plant back until its Factory of the Future is completed.

On 19 December 2017, Leoni reached another milestone within its Factory of the Future project with the notarised acceptance of the City of Roth’s 2015 offer for purchase of the site.  Over the past two years, the two parties agreed together with the responsible authorities on targets and measures concerning environmental remediation of the site. Leoni will lease the existing ...

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WPMC Retained To Liquidate The Aetna ...

by wireworld on 01/18/2018 - 10:10 am
Tags: Closures, Press Releases

Wire and Plastic Machinery Corporation (WPMC) of Bristol, CT has been retained by The Marmon Group to liquidate the Aetna Insulated Wire plant assets at their Virginia Beach, VA facility.

Highlights of the available inventory includes (3) Davis Standard CCV lines, (4) Davis Standard Extrusion Lines, (3) Bartell BX Armoring Lines, (2) Planetary Cablers, (2) Rigid Stranders, Haefely Trench 1000 KVA Hi Voltage Tester and a Bekaert 13 die Rod Breakdown Line. An assortment of Test Equipment, Payoffs, Takeups, Curing Ovens, Rewind Lines and Reels are also available.

All equipment is being sold AS IS, WHERE IS. WPMC will make arrangements as needed for onsite viewing of all equipment. Further i ...

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Perfection Industrial Sales and Cottr...

by wireworld on 09/16/2017 - 08:23 pm
Tags: Closures, Press Releases

Cottrill & Co will host a public online auction comprised of 600 lots of wire, cable and extrusion equipment due to the plant closure of Mantovani & Serazzi, SpA in Druento, Italy.

September 12, 2017; Perfection Industrial Sales, a unit of Perfection Global, LLC, and Cottrill & Co., a leading European industrial auctioneer based in Birmingham, England, will conduct an online auction due to the closure of an Italian wire and cable manufacturing plant, located just outside Turin, Italy.

Interested buyers may schedule inspections on Tuesday, 26 September at the former Mantovani & Serazzi plant, located at Via Niccolò Paganini, 12, 10040 Druento, TO, Italy. Items offered ...

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General Cable to Close its New Zealan...

by wireworld on 11/10/2016 - 09:05 am
Tag: Closures

Up to 170 New Zealand employees may lose their jobs as an international cable supplier faces closure. General Cable told staff that it planned to close its New Zealand manufacturing and support operations.  The company has 160 staff in Christchurch and 10 in Auckland.  All would be made redundant if the proposal went ahead.

The company provides industrial power and phone cables in Australia and New Zealand. Its factory in Sockburn, Christchurch, has been operating since the 1950s, employing 350 staff in 2010. Demand had slumped since then, with a succession of redundancies in recent years.  Despite cutting costs, the New Zealand arm was no longer via ...

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Nexans to Close its Cable Factory Ded...

by wireworld on 04/01/2016 - 01:48 am
Tag: Closures

Nexans has announced that its US Subsidiary based in Elm City, North Carolina has decided to close its cable factory  focused on the production of defense wires and cables. The decision has been taken in response to both a lack of profitability for the factory combined with the generally unfavourable mid to long term prospects for the defense cable market in the region.

Employees at the Elm City factory have been notified of the closure and production will cease on June 30 2016.

The Nexans Group will continue to service the aerospace and defense cable markets, from the Group’s existing factories in other locations.

Sale of Heavy Duty Copper Mag Wire an...

by wireworld on 04/01/2016 - 01:41 am
Tags: Closures, Press Releases

Myron Bowling Auctioneers will conduct an industrial auction of heavy duty copper mag wire and flat box wire equipment, for Kentucky Copper, a manufacturer of continuously transposed conductors, enameled wire and paper insulated copper conductors for power transformer, energy transmission and distribution applications, due to the plant closing.

This industrial auction is scheduled on Thursday, April 24th at 10AM at 70 Industrial Drive North in Morgantown, Kentucky 42261. The auction features immaculate, laboratory condition equipment including (2) 2010 Lunar continuously transposed cable systems, Lunar 12-head/3-conductor horizontal paper wrapper, (3) Lunar 12-head and 8-head/single conduct ...

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Bright Steel Bar and Wire Manufacture...

by wireworld on 10/29/2015 - 10:52 pm
Tags: Closures, Press Releases

Bright Steel Bar and Wire Manufacturer:

- Size Range: 3.0 to 35mm rounds; 3.0 to 80mm bar- 1 Condition: Drawn, Peeled, Normalised, Annealed, Stress Relieved and Hardened. Surface/Internal Defect Tested to Cropped, Sawn, Chamfered or Faced Square- 1 High Level Accreditation:   ISO TP16949 (Automotive) / AS EN 9100 (Aircraft) / ISO9001- 1 Freehold Property – 21,000m2 on a site of 8 Hectares, South Yorkshire, England, United Kingdom


1 SCHUMAG 3B and Ripo 1B Combined Drawing Machines

1 CALOW BIELEFELD S1 Peeling Machine


BRUK (x9); Straighteners by LEWIS (x8); Chamfering (x4);

CINCINNATI Centreless Grinders (x5); ...

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ArcelorMittal Could idle Brazil's Mon...

by wireworld on 07/17/2015 - 08:30 pm
Tags: Closures, Press Releases

ArcelorMittal SA will probably idle the long steel mills it recently installed in its João Monlevade plant in Brazil, a senior company executive reported.

Jefferson de Paula, ArcelorMittal's South American head of long steel, said at an industry event that there is excess capacity in the sector and stagnating demand.

Long steel products include rebars, wire rod, rails and drawn wire.

De Paula's comments echo those of Benjamin Baptista, the company's chief executive in Brazil, who warned on Monday that the outlook for demand in Brazil's domestic steel market remains gloomy.

Automotive Cable Manufacturing Plant ...

by wireworld on 09/11/2014 - 07:18 pm
Tags: Closures, Press Releases

The complete Automotive Cable Manufacturing Plant of J. HORTS AUTOMOTIVE is up for Online Auction with bidding commencing Thursday, September 18 and continuing until Tuesday, September 23, 2014, 3 pm CEST.

J. HORTS AUTOMOTIVE was a Barcelona, Spain company that manufactured zinc plates and stainless steel micro cables, transmissions, remote controls, cable sheaths and other accessories for the Automotive industry.  As well, interior cables could be used for seating, door and solar applications.  Founded in 1953 under sole proprietorship, J. HORTS AUTOMOTIVE grew to be a global company with production plants in Asia and Europe, serving clients from North and South America, across E ...

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