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Leoni reports that the company has concluded the sale of one of its business groups to Deutsche Invest Mittelstand (DI Mittelstand)

A press release said that on Dec. 13, 2023, the sale of the Leoni Business Group Wire Products & Solutions (BG PS) was completed. The deal included Leoni Draht GmbH, Haarländer GmbH, Leoni Temco, Ltd. and Leoni Wire (Changzhou) Co., Ltd. The company group now owned by DI Mittelstand is operating under a new name: Aerumtec - Copper Products and Solutions. Leoni Draht GmbH with its plants in Weissenburg and Bad Kötzting thus becomes Aerumtec GmbH. The plants manufacture wire, strand and rope made from copper and Leoni Histral® alloys bare and plated, as well as composite materials.

DI Mittelstand, a private investment firm that was founded in 2007, is based in Hamburg, Germany. 

Last modified on February 4, 2024

The spate of orders for cable-lying vessels (CLVs) has shown no signs of slowing as NKT reported ordering one and Taihan reported buying one.

A press release said that the NKT order, worth between $218 to $270 million, is from NKT HV Cables, a Swedish-based turn-key power cable manufacturer and installation company that is part of NKT. It is to be built by Vard and designed by Salt Ship Design AS, both firms based in Norway. The hull will be built at Vard Tulcea in Romani.

NKT said that the need for the CLV relates to the company’s “record order backlog and the strong market outlook.” The vessel will be constructed in parallel with NKT expanding its site in Karlskrona, Sweden. Both of those initiatives are scheduled to be operational in 2027.

Taihan reported that it has acquired South Korea’s only CLV, a 6,200-ton CLV specialized for submarine cables that is capable of self-propulsion and dynamic positioning. The vessel can load up to 4,400 tons of underwater cables. The addition, it said, will help the company future-proof its business “amid expected shortages of cable ships.”

Taihan notes that it plans to make full use of this vessel first for the Yeonggwang Nakwol Offshore Wind Power Project. “This acquisition positions Taihan competitively in turn-key projects that span from submarine cable production to laying. As there are only a few cable manufacturers with cable-laying capabilities, Taihan is set to lead in the burgeoning offshore wind power industry globally.”

The release said that the increasing demand for submarine cables is likely to cause a shortage of cable layers, leading to higher charter rates for such vessels. “Owning this vessel positions Taihan favorably to undertake projects steadily and tap into new revenue sources.”

Last modified on February 4, 2024

Taihan Cable & Solution (Taihan) reported winning a contract from Germany’s TenneT and another for the Yeonggwang Nakwol offshore wind farm in South Korea.

A press release said that Taihan won a contract from Germany’s TenneT to supply it EHV power cable in a deal worth about US$45 million. The project calls for 380kV underground cables that will be used to expand the transmission network for power generation. Taihan will supply the EHV cables and cable accessories, and be responsible for the power network design, cable laying, connection and testing. Taihan previously won two projects in Germany’s HV cable market worth US$52.4 million.

Taihan also reported that it has won a contract worth approximately $75 million to supply subsea cables for the 365 MW Yeonggwang Nakwol offshore wind farm in South Korea. Per multiple media reports, the order is for inter-array subsea cables that will connect 64 offshore wind turbines installed at the wind farm, and the cables connecting them with a new substation on Songi Island.

The cables will be made at Taihan’s Dangjin plant. Last October, the company was a preferred subsea cables supplier for the 532 MW Anma offshore wind project.

“With the Yeonggwang Nakwol project, we will contribute to the stabilization of the subsea cable supply chain by actively participating in various offshore wind power projects being advanced in Korea, and increase export competitiveness by using it as a stepping stone for expansion into the growing offshore wind power market in Europe and the United States,” Taihan said.

Last modified on February 4, 2024

Brazil’s Aço Cearense Group’s Siderúrgica Norte Brasil (Sinobras) has officially produced the first steel coil at its rolling mill #2 in Marabá, Pará state, Brazil.

A press release said that Sinobras invested in the new mill from Italy’s Danieli to increase its annual production capacity from 380,000 tons to 850,000 tons per year of wire rod and spooled rebar in coils. The mill features an innovative, full cantilever stand configuration with a total of 26 passes. It has 10 cantilever stands arranged in H/V configuration, followed by a series of Delta-type, fast-finishing blocks, with a 45° design, for the remaining 16 passes of the reduction sequence.

The new mill will produce wire rod from 5.5 to 16 mm, and rebar from 6.3 to 16 mm, at a maximum finishing speed of 110 m/s. The project includes a new substation and 230kV transmission line to meet the new electrical load needs of the steel producer and facilitate the use of energy from the Belo Monte Hydroelectric Plant, of which it is a partner as a self-producer.

Sinobras Industrial Director Milton Lima described the expansion as a transformative moment for the Group. “This achievement represents a significant milestone ... taking us to an even higher level. By doubling the size of Sinobras, we are not only expanding our operations, but we are also transforming our company into a powerhouse, generating new opportunities.

Last modified on February 4, 2024

Dominik Endler, who recently retired as global vice president customer & commercial excellence for Bekaert, has started an advisory firm— EndlerPartners—with a focus on manufacturing business-to-business companies.

Endler said that his focus is to help wire and cable manufacturers—especially mid-size companies—that often miss out on significant opportunities due to lack of “commercial performance.” He will share the expertise he gained over his nearly 18 years with Bekaert, where he was responsible for its wire business in North America, including U.S. plants in Arkansas, Kentucky and Ohio.

A German native who works out of Roswell, Georgia, Endler will advise industrial/manufacturing companies in the North American region on commercial strategy and performance. He holds a master’s degree and a PhD in business and administration. He can be contacted at tel. 770-364-2149, This email address is being protected from spambots. You need JavaScript enabled to view it. and www.linkedin.com/in/dominik-endler-255a74112/.

Last modified on January 4, 2024

The Wire & Cable Manufacturers’ Alliance, Inc. (WCMA) announced the recipients of its 2024 Distinguished Career Award, who will be honored at the 38th annual Awards Dinner and Investiture Ceremony on April 6, 2024, in Hartford, Connecticut, at the Downtown Hartford Marriott Hotel.

 A press release said that the chosen recipients selected are Tom Artinian, principal, Artinian Group; Larry Bleich, Vice President, R&D, CommScope; Anthony Fedor, product manager, Cable, Times Microwave; David Fisher, president, James Monroe Wire & Cable; Ron Gibson, purchasing manager, Service Wire Co.; Brian Holden, national accounts manager, Carris Reels (retired); Mike Patel, director of marketing, Teknor Apex; and Tom White, president, New England Wire Technologies.

The WCMA Distinguished Career Award recognizes industry leaders and professionals from the electrical and electronic wire, cable, and fiber optic cable industry segments initially established by the former Wire & Cable Clubs. The winners are chosen by a committee of former recipients via a ballot process to consider the person’s character, credibility, and commercial or technical commitment to the cable industry. WCMA Board members make final selections.

To register for the awards dinner, contact IWMA Executive Director Ed Fenton at tel. 860-841-7720, at  This email address is being protected from spambots. You need JavaScript enabled to view it. or go to www.wcmainc.org. A short video about the award is available on the website.

Last modified on January 4, 2024

More than 130 members and guests attended the annual membership meeting of Wire & Cable Manufacturer’s Alliance, Inc. (WCMA) on Nov. 30, 2023, at the Downtown Hartford Marriott.

During the session, members voted to approve WCMA officers for 2024. The president is Chris Venice, president, Marmon IEI; and the vice president is, Tom Artinian, principal, Artinian Group. The past president is David Fisher, president, James Monroe Wire & Cable; and the Young Professionals Liaison is Sue Welsh, president (retired), Rubadue Wire.

Newly elected Directors are Cheryl Stewart, COO, Quabbin Wire; Shane Berry, vice president manufacturing and distribution, Service Wire; Peter Moran, vice president industrial infrastructure, Marmon IEI; Eric Fisk, CEO, Fisk Alloy; Adam Chase, CEO, Chase Corp.; and Alberto Aguilar, president, Carris Reels. Continuing directors are Greg Smith, CEO, International Wire; and John Dognazzi, managing director, Sikora NA.

 During the luncheon, a popular frequent WCMA speaker, John S. Traynor, executive vice president of Cambridge Trust, presented key economic, political, and manufacturing topics. His insights continue to be much appreciated.

Following that session, more than 60 attendees participated in the inaugural Young Professional Panel Discussion. Panelists David Fisher, president of James Monroe Wire & Cable, and Adam Chase, president & CEO of Chase Corp. discussed “Why Wire & Cable - A Rewarding Career Choice.” The session was hosted by Charles Glew, president of Cable Components Group and chairman of the WCMA Young Professionals group.

Executive Director Ed Fenton reported that, during 2023, WCMA donated $19,300 to UCONN Cancer Research, Toys for Tots, Industry Scholarship Programs, and several other charities that include Breast Cancer, American Red Cross, UNICEF, Wounded Warriors and others. WCMA donates to charities annually on behalf of its annual Distinguished Career Award Recipients.

Last modified on January 4, 2024

Southwire announced that it is partnering with READY Robotics, a pioneer in cutting-edge automation solutions, to deploy automation at five of the company’s facilities.

A press release said that Southwire will use the technology at two Georgia sites: its Retail East Customer Service Center (CSC) in Villa Rica and the utility products plant in Carrollton; its plants in Hawesville, Kentucky, and Florence, Alabama; and its Bremen campus in Bremen, Indiana.

“Partnering with READY Robotics provides us with an opportunity to leverage their expertise, as we continue to deploy cutting-edge technology within our operations,” said Alex Thomas, chief engineer at Southwire. “Continuous improvement is critical to assuring that we safely service our customers, and this partnership helps us accelerate those efforts by using smart solutions that fit nicely with our history as an innovation leader in the industry.”

Last modified on January 4, 2024

The Prysmian Group announced a new organizational structure to allow the group to pursue its mid-term ambitions and to sustain the long-term leadership.

A press release said that four new business segments will be in place: Transmission, led by Hakan Ozmen; Power Grids, led by Cinzia Farisè; Electrification, led by Cristiana Scelza; and Digital Solutions, led by Frederick Persson.

The Group matrix organization will continue to stay in place to guarantee the company’s ability to be very close to the local markets and customers (through regions and countries) while reinforcing the continental and global synergies, acting as a major partner through the business segments. A strong focus on the “one company governance” will be assured by the Group functions.

Regional leadership changes were also reported. Sezgin Islamoglu will be CEO of Central East Europe; Erkan Aydogdu will lead the Middle East, Turkey, India, Africa and Russia as well as serve as CEO of Oman Cables Industries (OCI) Group; Hamavand Shroff will be appointed CEO of Oceania and South East Asia; Raul Gil will take over the responsibility for Latin America. Also, Maria Cristina Bifulco will be promoted to Chief Investor Relations, Sustainability and Communication Officer.

“Good, authentic and passionate people make the difference and build companies solid and successful” said designated CEO Massimo Battaini. “We can count on a very strong pipeline of talents which will make our growth very sustainable and our company even a more sound and strong community.”

Last modified on January 4, 2024

South Korea’s LS Cable & System announced that it has signed a contract with TenneT Offshore to supply high-voltage direct current (HVDC) cables worth about

1.5 trillion won ($1.2 bil1ion).

A press release said that LS Cable & System, in a consortium with Belgian construction companies Jan De Nul and Denys, has won a total of four projects connecting the North Sea to Germany. Under two of the contracts, LS Cable & System will supply submarine and underground cables starting in 2026. The remaining two contracts are expected to be awarded sequentially through 2026.

The projects stem from a 2022 agreement by Denmark, the Netherlands, Belgium and Germany to jointly install 65 gigawatts (GW) of offshore wind power by 2030. TenneT will participate in the project, which will supply up to 35 million homes with green wind energy.

“Although power grid construction projects are becoming more active around the world, HVDC cables require large-scale investment and high technical skills, so a small number of global wire companies such as LS Cable & System occupy most of the market,” said an official from LS Cable & System.

Last modified on January 4, 2024

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