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Wire Journal News

December 2018

David J. Gemelli, who was both a successful business man and as kind, caring and generous a person the wire and cable industry has ever seen, died Monday, Dec. 10, at age 71, leaving behind a sterling legacy for Gem Gravure Co., Inc., the family business.

Gemelli worked at American Optical Corporation and Polaroid before joining Gem Gravure, a supplier of marking technology, in 1976. He worked alongside his father and Gem founder, Joseph Gemelli, and took over when his dad died in 1989. Under his direction, the company became an industry leader by its introduction of high speed Teflon bandmarking and winning awards such as top OEM from Domino Inkjet and "The Flame" award from Lucent Technologies for development of patented products. Over the years, he increased revenues by more than 30 times.

Gemelli, who played football at the University of Vermont and earned an MBA from the University of Arizona, stood tall in terms of his accomplishments in the wire and cable industry and the Association. A WAI Life Member, he served in multiple positions, including as president in 1994. In 1999, he won the Association’s Donnellan Memorial Award, which recognizes an individual’s contributions to the industry. That same year, he was a recipient of the Wire and Cable Manufacturers Alliance (WCMA) Distinguished Career Award.

Gemelli was much beloved, well-known for his generosity, kindness and dedication to the industry and his many friends and colleagues. He enjoyed being able to give people opportunities and help them succeed. A huge sports fan, he was very generous with his Boston Red Sox season tickets, which often were prizes in charity raffles. He was very active with the National Italian-American Sports Hall of Fame and was inducted into it in 2004.

Gemelli is survived by his wife, Carol; a daughter, Beth, sons, Paul and Brian, who will continue the family business; a sister, Nancy Dwyer; a brother, Mark; three grandchildren; and many nieces, nephews, and cousins.

The January Wire Journal International issue will have an extended obituary.

Published in Industry News

TPC Wire and Cable Corp. reports that it has completed its acquisition of Canada’s Milrail, Inc., a deal that it said strengthens its position in the high-performance wire and cable market and expands Milrail’s presence in the U.S. and Mexico.

A press release said that Milrail, based in Point-Claire, Quebec, was founded in 1990, and supplies the rail, transit and military markets with wire, cable and interconnect devices. Milrail President Allan LaPlante said that being part of TPC will allow even better service to be provided.

“We’ve seen a shift in our customer’s thinking, a desire to work with larger companies with an extended reach,” LaPlante said in a statement. “Combining Milrail’s exceptional customer service and technical support with TPC’s broader commercial capabilities, allows our two companies to carry this torch into the future and throughout North America in the wire, cable and connectivity market.”

TPC President and CEO Jeff Crane said that TPC is focused on establishing the Milrail products in the U.S. and Mexican markets. “We are excited and committed to expand Milrail’s product and service reach, delivering their great tradition of quality to even more customers throughout North America,” he said in a statement.

This marks the second acquisition that TPC has made in the last two years. In September 2017, the company purchased Massillon, Ohio-based Electa Cord, a maker of of custom-molded cable assemblies, power cords, and cord sets for original equipment manufacturers.

Published in Industry News

U.K.-based Integer Research (Integer), which supplies subscription-based reports and consultancy and puts on industry events, has been acquired by Argus Media, a commodity price reporting agency.

A press release said that Integer, which was founded in 2003 by Philip Radbourne, Oliver Hatfield and Tim Cheyne, will expand the range and depth of services that U.K.-based Argus Media offers. Integer covers the wire and cable industry as well as industrial chemicals and fertilizers. While based in the U.K., it has offices in Asia and Latin America.

Radbourne, and other representatives from his company, frequently speak at industry events, including Interwire. He has also been part of numerous stories in WJI over the years, including a special joint report with WJI staff that ran in the January 2007 issue on the world’s top 50 cable companies that ran 29 editorial pages, by far the largest-ever feature.

Observed Argus Media Chairman and Chief Executive Adrian Binks, “Integer has a unique product offering and this, combined with Argus’ global reach and scale, will offer users powerful market intelligence and insight.”

“This is a natural cultural and strategic fit for Integer and we are excited to build on Argus’ existing global expertise in commodity markets and leverage its technology and platform strengths to the benefit of our customers,” said Integer Managing Director Tim Cheyne.

Argus is an independent media organization with almost 950 staff. It is headquartered in London and has 21 offices in the world’s principal commodity trading and production centers. Argus produces price assessments and analysis of international energy and other commodity markets, and offers bespoke consulting services and industry-leading conferences.

Published in Industry News

CommScope announced plans to acquire ARRIS International, a global entertainment and communications solutions provider, for $7.4 billion in what would be its largest-ever acquisition.

A press release said that once the deal is completed, “the newly combined company is expected to generate profitable growth in new markets and lead the way in wired and wireless communications.” As well as position the company to benefit from industry trends like network convergence, fibre, mobility, 5G, internet of things and the ever changing network and technology architectures.

“After a comprehensive evaluation of our business and the evolving industry we operate in, we are confident that combining with ARRIS is the best path forward for CommScope to grow and provide the greatest returns for shareholders,” said CommScope President and CEO Eddie Edwards. “CommScope and ARRIS will bring together a unique set of complementary assets and capabilities that enable end-to-end wired and wireless communications infrastructure solutions that neither company could otherwise achieve on its own. With ARRIS, we will access new and growing markets, and have greater technology, solutions and employee talent that will provide additional value and benefit to our customers and partners.”

The release said that the deal will enable the combined companies to be well positioned to capitalize on industry trends, unlock high-growth segments and increase their product-addressable market, increase product offerings and R&D capabilities, and strengthen their financial profile. “CommScope is an ideal partner for ARRIS,” said ARRIS CEO Bruce McClelland. “With CommScope, we expect to further advance ARRIS’ strategy to drive innovation across our iconic brands and pioneer the standards and pathways for tomorrow’s personalized, connected always-on consumer experience.”

In addition to the ARRIS acquisition, the Carlyle Group, a global asset manager, has re-established its ownership position in CommScope through a $1 billion minority equity investment as part of CommScope’s financing of the ARRIS deal. Of note, CommScope was spun off from General Instrument in 1997, the company to which Arris can trace back the heritage of the set-top box side of the business.

Published in Industry News

AMSC’s former largest customer, China’s Sinovel Wind Group Co. Ltd. (Sinovel) has agreed to pay it $57.5 million in two installments to settle a dispute over stealing its technology. It was also fined $1.5 million by a federal judge on July 9, concluding a key stage in a long-fought case of IT theft that stems back as far as 2011.

U.S.-based AMSC reports that it has entered into an agreement with ComEd, which delivers electricity to more than four million customers in northern Illinois, to deploy its high-temperature superconductor technology for use in an upgrade to its electric grid in Chicago.

A press release said that the project is funded, in part, by the Department of Homeland Security (DHS) Science and Technology Directorate initiative to secure the nation’s electric grid against extreme weather or other catastrophic events. It is structured as a cost-sharing arrangement among AMSC, ComEd and DHS. The agreement, which includes commercial terms and is subject to DHS approval, will mark the first installation of AMSC’s Resilient Electric Grid (REG) system in Chicago, and it is expected to become a permanent part of Chicago’s power grid.

The REG system uses AMSC’s high temperature superconductor technology and, under the terms of the agreement between AMSC and ComEd, will link existing electric power infrastructure within the city, the release said. The key component is AMSC’s Amperium® wire, which it noted combines with other sub-system design elements to increase the reliability, redundancy, and resiliency of urban power grids, greatly reducing the impact of equipment failure due to aging, cyber threats, physical disasters, or weather-related events.

Published in Industry News
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