The Madem Reels Group announce that it has expanded in the Middle East with the Madem Gulf Ind. - Bahrain opening a new manufacturing, assembly and distribution plant in Jeddah, Saudi Arabia.
A press release said that the new site represents the company’s second manufacturing plant in the Middle East, following the initial plant located in Askar, Bahrain. The operations are scheduled to begin in 2023 with assembly and distribution beginning in the third/fourth quarter, while manufacturing is set for the first or second quarter of 2024.
The initial investment includes cutting-edge, fully automated wooden drum CNC lines. Annual capacity should reach over 1,000 truckloads of KD reel kits. The plant is expected to create more than a hundred new jobs.
“Aligned with our values and commitments to our customers, we are thrilled with the new plant in the Kingdom of Saudi Arabia,” said General Manager Alexandre Monte Mezzo. “It’s a great step in the continuous evolution of Madem Group to be part of KSA’s current developmental strategies and economic vision, which will further improve and maximize our production and delivery capacity within the kingdom itself as well as the GCC, Arab, and North Africa markets.”
“Opening a second branch within the GCC reiterates Madem Group’s strong commitment to cater to the growing requirements of customers in this region especially the booming KSA market in line with the Royal Vision 2030,” said Adel Abdulla Mohammed Janahi, general manager, sales. “This new plant incorporated with the latest automated technology will have increased capacity and productivity to meet all the requirements and demands of our customers in the region.”
Based in Brazil, the Madem Reels Group, has its own renewable forests, sawmill and manufacturing facilities in Brazil, USA, Bahrain, Colombia, Mexico and Spain that employ more than 700 associates world-wide. It ships to more than 200 wire and cable plants in 45 countries.
South Korea’s LS Cable & System (LS C&S) reports that its new high-strength aluminum material has been assigned an alloy number (AA8031) by the Aluminum Association (AA) of the U.S.
A press release said that LS C&S is expanding its new aluminum material business through its affiliated company, LS Alsco. AA8031 has better malleability and is more than 40% stronger than traditional aluminum materials that have been criticized for their weakness, and improved malleability. Another weakness of aluminum, where conductivity drops when strength is enhanced, has also been improved.
LS C&S projects that aluminum will replace copper in industries where lighter weight is important, such as the auto industry, since aluminum is lighter than copper and the market for aluminum will grow in the future.
Changing the conductor in automobile wiring from copper to aluminum reduces wire weight by more than 40%. The average wire weight of 25 kg per vehicle can be reduced to around 15 kg, resulting in improved fuel efficiency. The company plans to expand its supply of aluminum materials for electric cars and wind power generators through its high-strength aluminum material specialist company LS Alsco.
“Unlike patents, commercialization and the time required for commercialization serves as important review criteria for AA, which makes it difficult to obtain an alloy number,” said LS C&S Researcher Sang-gyeom Kim. “AA8031 has been commercialized for wires in vehicles manufactured by Hyundai and Kia since 2019 and its quality has been proven.”
AA provides global standards to corporations and policymakers. Over 500 alloy numbers have been assigned worldwide. Of those, 20 alloy numbers have been assigned in Asia, with Korea, Japan, and China having three, 14 and three, respectively. Those include all three for LS C&S, including Korea’s AA8031.
Hellenic Cables has signed a contract to provide the cable for a Greek project that will provide a new electrical interconnection for seven Greek islands.
A press release said that the order from Greece’s Independent Power Transmission Operator (IPTO), which oversees the country’s supply of electricity, calls for the design, manufacturing, and supply of 150 kV high-voltage onshore and offshore cables as well as their accessories, the installation, laying, and protection of the onshore and offshore cables, the implementation of necessary joints and terminations as well as the final tests after installation.
The project will integrate Milos and Serifos into the continental Electricity Transmission System, part of the fourth and final phase of the Cyclades interconnection. Scheduled to be in operation in a little more than two years, the new interconnection will significantly upgrade the quality of electricity supply to seven more directly and indirectly interconnected islands of the Cyclades (Folegandros, Milos, Serifos, Ios, Kimolos, Sifnos, and Kythnos). It will also allow the gradual withdrawal of polluting and aging power plants.
The cables will be manufactured at the Corinth plant of Hellenic Cables.
Xignux announced that it will invest $5.9 million to build a plant for Multipak, a manufacturer of reels and spools for the wire and cable industry that is part of Viakable and based in Durango, Mexico.
A press release said that the new plant will have a dimension of 12,000 sq meters in the Logistics and Industrial Center of Durango, which is located at Carretera Durango-Torreón. It is expected to be operational in late 2024.
The investment in the new plant will result in about three dozen new positions. The company currently has 295 employees in Durango, and others at its branches in Monterrey, Tlaxcala, Torreón and San Luis Potosí. At its website,
Multipak notes that it is one the main producers of wooden reels in Mexico, and recognized for its quality, flexibility and timely service. It also provides wooden, plastic and steel reels as well as auxiliary products such as pallets.
Multipak’s presence in Durango dates back to 1974. “We are excited about making an investment that will generate new jobs and allow us to grow our production capacity and optimize our processes to offer better solutions to our customers,” said Oscar de J. Martínez, director of Xignux Corporate Development. “We have a long-term commitment to the development of Durango and Mexico.”
The Prysmian Group announced that it has been selected as one of the preferred bidders for the Biscay Gulf interconnection project by INELFE, a joint venture between the Spanish grid operator, Red Eléctrica, and the French grid operator Réseau de Transport d’Électricité (RTE).
A press release said that Biscay Gulf will be the first fundamentally submarine interconnection between Spain (Gatika) and France (Cubnezais). It will have two high-voltage direct current (HVDC) links, each with a capacity of 1000 MW, and almost 800 km of HVDC submarine and land cables. The two links will increase in
2 GW the exchange capacity, improving the safety, stability and quality of electricity supply between the two countries and also with the rest of Europe.
Prysmian Group continues contract negotiations, with expectations of finalizing the contract in a few months.
The Wire and Cable Industry Suppliers Association® (WCISA®) and the Wire Association International are pleased to cooperate as Industry Partners at Interwire 2023, supporting the activities of each other’s association on behalf of the wire and cable industry.
Of note, the Industry Partnership agreement was reached five years ago. Its practical deployment, however, was sidelined at Interwire 2021 by Covid-19. Being able to fully resume that relationship at Interwire 2023 is a positive step.
The agreement relates to how the two associations can support each other’s efforts. It also is quite fitting, as WCISA serves member companies that are essential suppliers to the wire and cable industry. Many WCISA company employees are also members of the WAI.
“We are pleased to cooperate with the WAI as Industry Partners with the shared goals of supporting the wire and cable industry and our common members,” said WCISA President Drew Richards, CEO of RichardsApex, Inc. “Many WCISA companies are regular participants in WAI-produced exhibitions, Interwire and Wire Expo, and we look forward to supporting these events and networking with WAI leadership at our ‘WCISA Night Out’ gatherings.”
The 2023 WCISA Night Out for members will be held from 6 pm to 8 pm on Monday, May 8, at the Der Biergarten at 300 Marietta Street Northeast.
The WAI has honorary membership in WCISA, and among those looking forward to the event is WAI Executive Director Steve Fetteroll. As he explains, a gathering of wire and cable professionals is always interesting. “I always see a lot
of familiar faces, and it almost feels like I’m at a WAI event. We both exist to further the wire and cable industry, and we do that in different ways, but it’s the same field, and the ability to hold a get-together like this to thank everyone for their participation, for helping make it all work, is a good way for everyone.”
Sam Otter, wire rope global procurement manager at Gripple Limited, said that his company was well aware of the scholarship as James Curry, a production team leader, served as the 2019 Wire Link Scholar. Also, the company has hosted visits from the U.S. Wire Link Scholar at its Sheffield plant that manufactures wire joining and tensioning devices.
A Gripple management team selected four employees who were involved with wire in their day-to-day job roles, and Otter, who joined the company 15 years ago, was chosen. “I felt on top of the world, and it’s given me a huge confidence boost. I feel honored that my colleagues put me forward for this award, and also that an external judge could see my passion and enthusiasm for Gripple, wire rope and my desire to get as much as possible from this great experience.”
Otter, age 33, said that he never attended an industry event like Interwire before, and looks forward to that experience as well as visiting industry companies. “I am looking forward to expanding my knowledge with the different seminars and also meeting new contacts that hopefully will turn into new suppliers for Gripple.”
Nexans has entered into exclusive negotiations with Syntagma Capital, a Belgium-based private equity fund, for the sale of its Telecom and Data business.
A press release said that the proposed transaction “marks Nexans’ exit from the telecom and data activity in line with its strategy to simplify its activities and amplify its impact in electrification markets.” The transaction is expected to be completed by the end of the first half of 2023.
The sale would include eight sites spread across France, Belgium, Germany, Greece, Morocco, China and Singapore that design, produce and commercialize advanced solutions for telecom, LAN networks as well as data centers. These operations constitute the main remaining part of the Telecom & Data division after the sale of Berk-Tek in 2020.
The proposed sale furthers the choice by Nexans to focus on electrification markets. In the company’s 2022 earnings report, CEO Christopher Guérin said that the numbers support that decision. “We were, yet again, proven right in reaffirming our choice: ‘Striving to champion a global sustainable electrification.’ As global grid investments soar, our Electrification businesses are up +12.9% organically, with record EBITDA performance, and all-time high adjusted Generation & Transmission backlog.”
S&P Global Ratings revised its outlook for Nexans from stable to positive and confirmed its ‘BB+’ rating. “Nexans’ operating performance has improved, thanks to progress made in its transformation plan, which focuses on electrification and achieving higher and more stable cash flows.”
At its website, Syntagma notes that the company, established in 2009, invests in businesses that can benefit from its hands-on operational expertise to accelerate growth and improve performance. It has deployed €1.1 billion in over 40 companies with revenues in excess of €4 billion and employing over 11,000 people worldwide.
The team has successfully carved-out businesses from public and private companies, among others, Solvay, Tessenderlo, Ashland, Clariant, Tyco International, Smurfit Kappa, ADT and Getronics.
Auxo Investment Partners reported that it has acquired two U.S. manufacturers—TACK Electronics and Morgan Royce Industries (MRI)—for an undisclosed price.
A press release said that the two companies manufacture custom wire harnesses, cable assemblies and box builds for the semiconductor equipment, aerospace and defense, gaming, medical, transportation and energy equipment industries. The additions follow Auxo’s purchase of wire and harness manufacturer Golden State Assembly, and help expand the firm’s growing wire platform.
TACK Electronics, Inc., based in Grand Rapids, Michigan, produces custom wire harnesses and assemblies for a wide variety of electronic applications. Per its website, the business was founded in 1996 by George Maines and his wife Linda in a two-stall garage, and grew over the years. It is now run by their son, Todd Gaines, who later became CEO, and is expected to continue in that role.
Morgan Royce Industries (MRI), based in Fremont, California, was founded in 1991. It specializes in turnkey, and consignment, cable, wire harness, PCP assemblies, box builds, upgrades, reconfigurations, repairs, and more. It is headed by CEO Larry Johnston, who is also expected to remain in that role.
Golden State Assembly provides harnesses and other products for sectors that include automotive, solar, power, medical, semiconductor and agriculture equipment.
Germany’s Kern-Liebers, a manufacturer of highly complex strip and wire parts and assemblies has expanded its Mexican production plant in Guadalupe, Nuevo Leon, with an investment of US$10 million.
A press release said that the plant will produce 50 million high-precision parts for the automotive, medical and consumer goods industries, from seat belts and lifelines to tape measures and window springs. The expansion will also create some 300 jobs.
Kern-Liebers has been present in Nuevo León since June 2019, when the first phase of this plant began operating. Due to the growing demand from customers in North America, the company has added 3,387 sq mt of surface area, an expansion of about 50%. Timm Jenisch, senior vice president for North America, said that it is important for Kern-Liebers to be present in North America, the largest commercial market in the world. “We are convinced that Nuevo León is the ideal location to be in this region, due to its geographical location, excellent connectivity and favorable conditions for the industry.”
The company has plants in the U.S. and Mexico that manufacture springs and wires, as well as other products. The ceremony was attended by local officials as well as Dr. Erek Speckert, the company’s CEO and chairman of the Management Board.
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