Subsidiary of Japan’s Furukawa wins a contract to supply OPGW in Peru
Suzhou Furukawa Power Optic Cable Co., Ltd., a Furukawa Electric company based in China, has been awarded a contract to supply Optical Ground Wire (OPGW) and fittings for one of the largest power…
New York Wire files for bankruptcy
Wire Company Holdings, LLC, which does business as New York Wire, has filed for Chapter 11 bankruptcy in Delaware bankruptcy court. A story in the Evening Sun reported that the official request for…
Chile starts a safeguard investigation on steel wire
Chile is investigating steel wire being exported to the country, the World Trade Organization (WTO) notes. “In accordance with Article 12.4 of the Agreement on Safeguards, Chile is prepared to hold consultations on…
Italian MFL Group acquires Caballé
Italy’s MFL GROUP (MARIO FRIGERIO/ FRIGECO) has acquired Construcciones Mecánicas Caballé S.A., a well-known Spanish cable machinery manufacturer, and its other operations. According to the press release, the transaction, which was concluded on…
Great success for Wire and Tube Southeast ASIA 2015
The 11th International Wire and Cable Trade Fair for Southeast Asia and the 10th International Tube and Pipe Trade Fair for Southeast Asia closed a successful edition in Bangkok, Thailand. The co-staged synergistic…
Prysmian Group to acquire US company Gulf Coast Downhole Technologies
Prysmian Group, world leader in the energy and telecom cable systems industry, has inked an agreement to acquire 100% of the privately-held US company Gulf Coast Downhole Technologies (GCDT) for an initial consideration,…
Sterlite to acquire Elitecore Technologies
India’s Sterlite Technologies is closing the acquisition of Elitecore Technologies, a global telecom software company, for an enterprise value of around INR 1.8 billion ($27.3 million) in an all-cash deal. Established in 1999,…
CECIMO conference at EMO MILANO 2015 on 9th October
The CECIMO conference on research and innovation will be held on October 9th at EMO MILANO 2015. It will open with a keynote speech from a European Commission representative about EU policies and…
Countdown to review Charter-Time Warner Cable merger
U.S. Federal Communications Commission started a non-binding 180-day countdown to review the proposed $56 billion merger of cable rivals Charter Communications Inc (CHTR.O) and Time Warner Cable Inc. (TWC.N) The FCC said it…
Mexico opens dumping investigation of Chinese steel wire rod
The Mexican Government is conducting an anti-dumping probe on imports of steel wire rod from Chinese companies. An on-line report citing notification of the action in Mexico’s Official Gazette said that the investigation…
