Encore Wire Corporation announced plans to further expand its campus in McKinney, Texas. Per comments in the company’s latest quarterly earnings report, the wire manufacturer’s expansion will be carried out in two phases, with the first phase beginning late in the first quarter of 2020.
Phase 1 will include a new 720,000-sq-ft facility on the north end of Encore’s existing campus, located at 1329 Millwood Road in McKinney. “The facility will act as a service center, modernizing our logistics to allow for increased throughput and provide the bandwidth necessary to capture incremental sales volumes,” the report stated.
Phase one will allow Encore to compete at a higher level in the marketplace while strengthening its industry-leading customer service and order fill rates, per the information. Construction on phase one is expected to be completed in the second quarter of 2021. Following shortly after, phase two will focus on repurposing Encore’s existing distribution center by expanding its manufacturing capacity significantly and extending its market reach. The second phase is anticipated to be complete in 2022.
“This is an exciting time for Encore’s employees, customers and stakeholders,” Encore Chairman, President and CEO Daniel L. Jones said in the report. “We’ve been under construction since inception, and we continue to grow today. Our two-phase expansion plans will extend our reach and increase manufacturing capacity to meet the growing needs of our customers.”
Encore Wire’s legacy traces back to its launching in 1989, as a 68,000-sq-ft industrial warehouse building in McKinney, Texas. “With support and dedication from our employees, our customers and our community, we have grown to over 2 million square feet under roof and stretch across 425 acres. Today, Encore Wire is a leading manufacturer of copper and aluminum residential, commercial and industrial building wire.”
The U.S. International Trade Commission (ITC), finding that imported aluminum wire and cable from China was sold below market rates and had been supported by illegal subsidies, has imposed substantial penalties.
A press release said the ruling supports the Oct. 22 findings of the U.S. Department of Commerce’s (DoC) that Chinese manufacturers had been selling these products into the U.S. market at less than fair market value and receiving illegal subsidies from the Chinese government. It issued two separate penalties that ITC has now approved.
DoC had set a dumping rate of 63.47% for mandatory respondents Shanghai Silin Special Equipment Co., Ltd. and Hebei Huatong Wires and Cables Group Co., Ltd.; a separate rate of 58.51% for certain other companies; and 63.47% for all other Chinese producers and exporters. The subsidy rate was 165.63% to mandatory respondents Shanghai Silin Special Equipment Co., Ltd. and Shanghai Yang Pu Qu Gong; 33.44% to mandatory respondent Changfeng Wire & Cable Co., Ltd.; and 33.44% for all other Chinese producers and exporters.
An official of Southwire Company, which along with Encore Wire Corporation had petitioned for the penalties, lauded the decision. “Southwire has long been a believer in the power of free trade, and the ITC’s finding, coupled with the U.S. Department of Commerce’s final determinations on dumping and illegal subsidization, will better al-
low us to compete with Chinese producers of wire and cable on a level playing field,” said Southwire Executive Vice President and CCO Norman Adkins.
With the ITC vote, Commerce was expected to issue AD/CVD orders by Dec. 9, 2019. Commerce will also instruct U.S. Customs and Border Protection to begin collecting cash deposits on such imports at rates ranging from 81.27% to 218.42%. In 2018, imports of aluminum wire and cable from China were valued at an estimated $115 million.
The Wire Association International (WAI), Inc. announces the appointment of W.T. Bigbee as president of the association for a one-year term that commenced on January 1, 2019. Bigbee will serve as chairman of the Board of Directors and as the 66th president of the 89-year-old association, which is headquartered in Madison, Connecticut, USA.
A 31-year veteran in the wire industry, Bigbee joined the Wire Association International in 2011. In addition to his role as WAI president, and his forthcoming second term on the association’s Board of Directors, Bigbee will serve on its Conference Programming Committee, Exhibition Planning Committee, and Oversight Committee.
Commenting on this new appointment, WAI Executive Director Steven Fetteroll said, “The Association is fortunate to have the leadership of W.T. Bigbee and the support of an amazing company, Encore Wire, during this is exciting period for the wire and cable manufacturing sector. Bigbee understands the confluence of Industry 4.0, lean manufacturing, and employment markets and, as a result, he can ensure the Association is positioned to support the needs of the industry. This vision led to the ‘Next Generation’ theme for the Interwire 2019 Conference and it was the impetus behind the creation of a plant manager’s forum.”
Bigbee is vice president of operations at Encore Wire Corporation. His current role includes the oversight of technical and production operations and the development of new products and services. During his 21-year tenure at Encore, he has served as director of technical operations and product engineering, plant manager and quality control, and process engineering manager. Before joining Encore in 1997, Bigbee worked at Capital Wire/General Cable for 10 years, where he started his career in the industry and worked his way into a process engineering position. He currently holds memberships and serves in key positions within the Aluminum Association, the Canadian Standards Association, the Copper Development Association, the National Armored Cable Manufacturers Association, the National Electrical Manufacturers Association, the National Fire Protection Association, and the NEMA-UL Technical Forum.
WAI is governed by a network of volunteers from around the world. Joining Bigbee for the 2019 term will be members of the association’s 2019 executive committee: First Vice President, Jan Sørige, Enkotec Co. Inc.; Second Vice President, Tom Heberling, Southwire Co. LLC; Executive Committee Members, Daniel Blais, Prysmian, and James R. York, Insteel Industries; and Immediate Past President, Richard T. Wagner, Insteel Wire Products.
WAI, founded in 1930, is a not-for-profit association with more than 2,000 individual members in 54 countries around the globe. The association serves the educational needs of the wire and cable manufacturing industry through a variety of products and services. WAI manages the Interwire Trade Exhibition and the WAI Operations Summit & Wire Expo and publishes the Wire Journal International, Wire Journal International Reference Guide, and WIRE BULLETIN through subsidiary operations.