Market and Trends

Leoni opens first wiring systems plant in Paraguay

Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, has opened its first plant in Paraguay. The facility located San Lorenzo near Asuncion will manufacture…

Hydro-Québec names General Cable as its main cable supplier

General Cable is named by Canada’s Hydro-Québec as its main cable supplier for the next three years, awarding it a contract valued at an estimated $108 million. A press release said that the…

Italian Techimp Group buys Australian Cablewise

Italian Techimp Group has acquired Cablewise online condition assessment services from Kent-based Novinium, Inc., which serves more than 300 utility and industrial customers across the globe. This transaction is part of a new…

NORMA Group to equip German manufacturer’s cars

NORMA Group has received a major order from a German car manufacturer to equip several million vehicles worldwide by the year 2027. Beginning in 2017, the contract includes NORMAQUICK PS3 quick connectors and…

German machine tool industry orders in Q3

In the third quarter of 2015, German machine tool industry is stable. Order bookings by 1 per cent compared to the preceding year’s equivalent period. Domestic orders rose by 9 per cent, while demand…

TriMas reinforces aerospace sector

TriMas Corporation TRS, +0.54% – a diversified global manufacturer of engineered and applied products – has acquired certain assets and personnel related to Parker Hannifin’s Tolleson, Arizona facility, which manufactures complex machined parts…

NKT cables receives award for offshore U.K. wind farm project

NKT cables has won the order for delivery and installation of the export cable system for the Galloper offshore wind farm in a consortium with VBMS, a Dutch marine contractor. A press release…

Commercial agreement between Lloyd & Bouvier and Italy’s Cortinovis Sictra

U.S.-based Lloyd & Bouvier (L&B) has signed an agreement with Cortinovis Sictra, a division of Italy’s TRAFCO, Srl of Italy, to offer a range of its new equipment as well as provide parts…

Good forecast for Global Industrial Fasteners Market

Global Industrial Fasteners Market is expected to reach USD 104.32 billion by 2020, as a new study by Grand View Research, Inc. reports. Increasing demand for fasteners in automotive industry coupled with growing…

Market for LV cable and accesories will grow

The global market for low voltage (LV) cable and accessories will grow by an annual compound annual growth rate of 7% from 2015 through 2020, a report from Research and Markets projects says….

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