English Español

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, ...

Read More

Sterlite Tech to Acquire Optical Cabl...

by wireworld on 07/10/2018 - 01:29 pm
Tag: Acquisitions

Sterlite Tech, an end-to-end global technology leader in smarter digital networks, today announced the signing of definitive agreements for acquisition of a European specialised optical cable manufacturer based in Italy.

Sterlite Tech, through its wholly owned Italian subsidiary Sterlite Technologies S.p.A, will acquire 100% stake in Metallurgica Bresciana S.p.A (Metallurgica).

Metallurgica designs and manufactures special precision optical fibre cables and specialised copper cables for various communication applications. The target firm is a privately held company focused on bringing specialised cabling solutions for various network applications across industry segments.

The acquisition ...

Read More

Pat Carney Unexpectedly Passed Away O...

by wireworld on 07/09/2018 - 04:33 pm
Tag: Personnel

Pat Carney unexpectedly passed away on July 3, 2018 at his home in Naples, Florida.  Patrick spent significant time working on programs to help others-including the soup kitchen weekly, numerous fundraising events and numerous board involvement, all of his philanthropic efforts were important to him. Boating was the high point of his life and he was an active member of the Guilford Yacht Club where he served on the board, including serving as a past president. CT Sled Hockey is an organization he started with others and where he served as a coach for 10 years to teach physically challenged persons how to enjoy the sport of hockey.

Pat’s professional career in the wire and cable i ...

Read More

Powerful Metal Trade Fair Trio On The...

by wireworld on 07/09/2018 - 11:52 am
Tag: Wire India

27 to 29 November 2018 will see the Indian trade fair trio wire India, Tube India and Metallurgy India held at the Bombay Convention & Exhibition Centre in Mumbai for the seventh time now. The concurrent holding of the three trade fairs generates valuable synergies for both exhibitors and visitors. Machines and equipment, latest technologies and services in the areas of wire and cable production, tube and pipe production, pipe processing and metallurgy will be presented over the three trade fair days.  The exhibitors at wire India showcase machinery and equipment for wire making and finishing, forming technology, spring making, cable and strand machines, tools and auxiliaries for pr ...

Read More