NKT has inaugurated an expanded power cable factory in Esposende, Portugal, following a โฌ50 million upgrade that increases medium- and high-voltage production capacity to meet European grid and renewables demand.
Sumitomo Electric Industries has opened a ยฃ350m subsea electric cable factory at Scotlandโs Cromarty Firth, creating more than 200 direct jobs and boosting domestic supply for offshore wind and grid projects.
The Okonite Company will invest $400 million to expand its Orangeburg County, SC cable plant, strengthening domestic supply for grid and industrial projects. Capacity and timeline details were not disclosed.
Oman Cables Industry has begun building a third plant in Al Rusayl Industrial City, a RO10 million project featuring AI-enabled production and the nationโs first 42 m cable tower, adding 60+ jobs.
Prysmian and Fincantieri have completed the USD 65 million acquisition of UK/US-based Xtera Topco, advancing their 80/20 JV to deliver end-to-end subsea telecom installation and security services.
Wire Journal International (WJI) is the leading technical publication for the wire and cable industry.
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