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NBN Co and Corning add Jobs in Aus

by wireworld on 05/18/2012 - 03:24 pm
Tag: Projects

Corning Cable Systems has unveiled a new manufacturing plant in Victoria which will create 400 new jobs as a result of securing a key National Broadband Network Co contract.


Corning Cable Systems is the primary NBN Co supplier of optical fibre cable and will invest more than AUS$40 million in its operations in Clayton, boosting staff levels to between 300 and 400 jobs when the NBN rollout hits its peak.


The Federal Member for Hotham and Minister for Regional Australia Simon Crean, said “the people of Hotham can be proud that the fibre made here will be shipped right across Australia, helping build the NBN and allowing regional and rural Australia to access the s ...

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ArcelorMittal Sees India Plans Stalle...

by wireworld on 05/16/2012 - 06:23 pm
Tag: Projects

ArcelorMittal’s planned steel plant investments in India are likely to be stalled for years, the company’s chief executive reported.   “We continue to experience difficulties in India. My belief is that the Indian projects may not see the light for five to 10 years,” Lakshmi Mittal told the company’s annual shareholder meeting.


Asked by Reuters later to expand on this view, Mittal said he might have overstated the situation, but said that the delay was likely to be at least a couple of years. The world’s largest steelmaker plans to build steel plants in Jharkhand and Odisha, formerly known as Orissa, both with large capacities of some 12 m ...

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France Steel Product Export Value up ...

by wireworld on 05/16/2012 - 04:39 am
Tag: Market Stats

According to the statistics released by the French Ministry of Economy, Finance and Industry, in the Q1 of this year France's basic steel product and ferroalloy exports amounted to a value of EUR 2.73 billion increasing by 3.1% YoY.


The cumulative value of France's steel product and ferroalloy exports has risen steadily since March 2010 on YoY basis. In the first 3 months of 2012, steel and ferroalloys ranked seventh among the most exported products of the country.


During the period in question, France exported EUR 527 million of steel pipes and tubes down 13.8%, EUR 123 million of cold rolled steel strip down 19.8%, EUR 108 million of cold rolled steel bars down 3%, EUR 10 ...

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General Cable is the 20th recipient o...

by wireworld on 05/13/2012 - 04:06 pm
Tag: Press Releases

General Cable is the 20th recipient of the Alexander A. Notopoulos Award by the Altoona-Blair County Development Corp.  Criteria for the award include a substantial business history, expanded facilities, increased employment levels and a sense of community. It was given Friday during the ABCD annual breakfast meeting at the Blair County Convention Center.


General Cable, headquartered in Highland Heights, Ky., is a leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, specialty and communications markets.


Operating out of the former Sylvania plant at 3101 P ...

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