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Corning Expands Fiber Optic Business ...

by wireworld on 12/13/2017 - 04:18 am
Tags: Acquisitions, Press Releases

Corning Inc. will spend $900 million to buy a 3M unit, a move to complement and expand its offerings to the fiber optic market.  The company announced it is acquiring the Austin, Texas-based 3M Communications Markets unit.

Corning's takeover will add about $400 million in sales to Corning's revenues and 7 cents to 9 cents per share in annual earnings by 2019, the company said in a statement accompanying the announcement.

“This transaction expands both our global market reach and our high-bandwidth portfolio," said Clark S. Kinlin, executive vice president, Corning Optical Communications. "It also provides new co-innovation opportunities and enhances our abili ...

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SAIL-ArcelorMittal Automotive Steel T...

by wireworld on 12/10/2017 - 06:58 pm
Tags: Press Releases, Projects

Union Steel Minister Chaudhary Birender Singh announced that a joint venture between steel giants SAIL and ArcelorMittal to produce high-end automotive steel will be signed soon, with about Rs15,000 crore investment.

“They (ArcelorMittal) have the technology and they are keen to have a JV with SAIL. That is at a stage where things would click within few days or within one or two weeks’ time. The JV is yet to be signed but I can say 99 per cent of the formalities have been completed,” the minister told reporters in Hyderabad.

Singh said offers have come from the Gujarat and Andhra Pradesh governments for the site of the plant, but the government favoured Andhra Pradesh due ...

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Al Ittefaq Is Looking At UAE Market A...

by wireworld on 12/10/2017 - 06:42 pm
Tag: Press Releases

Major domestic rebar producer, Al-Ittefaq Steel Products Company (ISPC) has obtained certificate from Dubai authorities in order to export rebar to UAE.

According to the company, Dubai Central Lab approved the rebar of ISPC for grades BS 4449:2005 + A3:2016 & ASTM A615:2013 Gr-60 and Gr-75. The approval opens up UAE market for the company, which is already exporting to different countries in North Africa and elsewhere after the Saudi authorities allowed rebar exports.

ISPC is the second largest steel manufacturer in Saudi Arabia, having 3 rolling mills in Dammam and 2 rolling mills in Jeddah with a combined total production capacity of 2.5 mln tons of rebar and wire rod. It has DRI-EAF ...

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Southwire Plans Expansion in Villa Rica

by wireworld on 12/05/2017 - 04:44 pm
Tags: Press Releases, Projects

As the company continues to focus on its efforts to Accelerate Growth, Southwire will be expanding its distribution facilities in the west Georgia area. Adjacent to the company’s existing West Georgia and Retail East Customer Service Centers in Villa Rica, a new 400,000 square foot property is currently under development. 

“Looking long-term, we project that we will reach capacity in our current Villa Rica distribution facilities by 2019 or 2020,” said Kurt Hennelly, Southwire’s executive vice president of sourcing, distribution and manufacturing strategy. “The addition of this new space fits well into the future plans for our logistics network, supports ...

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Leoni Expands Capacities In Mexico

by wireworld on 12/04/2017 - 04:13 am
Tags: Press Releases, Projects

Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, further expands its capacities in the Americas. Today, the company has officially opened a new, environmentally friendly Mexican wiring systems plant in the city of Merida, which will serve customers headquartered in Asia and the US. Leoni is recruiting about 2,600 people for the new location.

“The new plant in Merida is a clear sign of our dynamic growth in the Americas”, states Martin Stüttem, Member of the Board of Directors of Leoni AG with responsibility for the Wiring Systems Division (WSD). “We are the first foreign investor to build up a produc ...

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Maillefer IS Running Fast with Nonlin...

by wireworld on 11/26/2017 - 04:25 pm
Tag: Press Releases

The efficiency of an optical cable manufacturing line can be improved significantly by increasing line speed. But to do so, the manufacturing process itself must be quite robust. It must withstand abnormalities and changes in the factory environment. Maillefer has taken several steps forward in bringing high speed capability to our customers, thanks to nonlinear modeling.

Triple speeds

In the loose tube process, excess fiber length (EFL) and post-shrinkage must stay under control during production. The loose tube properties play important role in final cable quality. When EFL is outside tolerances it can cause attenuation increase in temperature cycling. All these properties can be adjuste ...

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Nexans Opens the Latest High Voltage ...

by wireworld on 11/23/2017 - 04:17 am
Tag: Press Releases

The high voltage (HV) market is requiring an increasing number of tests at higher and higher voltage levels. In order to support this growing business, Nexans has decided to significantly enhance its testing capacity by building in Calais, France, a new state-of-the-art direct current (DC) laboratory that allows to test simultaneously three independent qualification loops.

Each loop is composed of multiple cable sections and joints and is connected to the electrical network through two terminations. It is designed to represent the various configurations existing in power grids. The generators, rated for voltages up to 1.2 million volts, operate in a controlled environment, which guarantees ...

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Prysmian To Power The Louvre Abu Dhabi

by wireworld on 11/23/2017 - 04:15 am
Tags: Press Releases, Projects

Prysmian Group, world leader in the energy and telecom cables and systems industry, supplied over 500 km of FP Fire Resistant cables for the Louvre Abu Dhabi, which opened its doors to the public on last November 11th.

The company supplied its enhanced fire resistant cables, a mixture of both FPPLUS and FPPLUS FLEX cables, which offer extended fire survival times, coupled with low flame spread and very low emission of smoke and dangerous gases in the event of a fire. This allows guests longer time to evacuate the building and ensures better operating conditions for the emergency teams. Moreover, fire-resistant cables ensure power supply and fire alarm system operation during a fire.

The ca ...

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LS C&S Asia Breaks Ground For Power C...

by wireworld on 11/16/2017 - 11:02 pm
Tags: Press Releases, Projects

LS Cable & System Asia Ltd. (LS C&S Asia), a subsidiary of Korea’s leading cable maker LS C&S, broke ground for a power cable manufacturing plant in Thilawa Special Economic Zone, east of the capital Yangon in Myanmar, the company said on Tuesday. The new power cable factory commanding a space of 19,800 square meters on a land of 66,000 square meters will produce overhead wires for power transmission or distribution and low-voltage cables for buildings and houses. The company aims to complete the construction by November next year. The company expects the new cable factory would help to significantly reduce Myanmar’s heavy reliance on cable imports, which account for ...

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InControl 3.0 Released with More Gaug...

by wireworld on 11/09/2017 - 04:17 pm
Tags: Press Releases, Product Release

The Beta LaserMike Products group at NDC Technologies has recently released the latest version of its advanced process visualization and control system, InControl v3.0. This recent version includes new features and functions that expands the control of Beta LaserMike gauges on process lines and offers more process insight to help manufacturers improve product quality, increase productivity and reduce manufacturing costs.

"InControl is the most intuitive process visualization and control system on the market,” says Salim Hiouel, Product Manager for the Beta LaserMike product line. “This system effectively ties a range of Beta LaserMike non-contact gauges together to continuously ...

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