News
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LS Cable & System USA Invests $50M in Tarboro Expansion to Increase Medium-Voltage Capacity
LS Cable & System USA, Inc., a U.S.-based subsidiary of LS Cable & System Ltd., announced a $50 million investment to expand its manufacturing facility in Tarboro, North Carolina, reinforcing its commitment to onshoring advanced manufacturing, strengthening domestic supply chains, and supporting the nation’s energy infrastructure. The expansion will integrate advanced production equipment, including Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, andHigh-speed cable extruder, to enhance medium-voltage cable production capabilities. LS Cable & System USA, Inc., the American subsidiary of LS Cable & System Ltd., has recently declared a substantial investment of $50 million to augment its manufacturing facility located in Tarboro, North Carolina. This move underscores the company’s dedication to bolstering advanced manufacturing on American soil, fortifying domestic supply chains, and contributing to the nation’s energy infrastructure—supported by the addition of cutting-edge High-speed cable extruder, Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, and Annealed Wire Drawing Equipment to optimize production efficiency and product quality. The expansion will incorporate two Continuous Catenary Vulcanization production lines at the Tarboro plant, thereby significantly amplifying the manufacturing capacity for medium-voltage power distribution cables. Complemented by Automatic Drawing Machine System and High-Quality Hydraulic Drawing Machine for precision wire forming, as well as Annealed Wire Drawing Equipment for enhanced wire durability and High-speed cable extruder for efficient cable insulation, these additional lines are strategically designed to cater to the escalating demand from electric utilities, renewable energy projects, data centers, and industrial customers across North America. The project is also set to boost the total employment at the facility, increasing the workforce from 250 to 335. State and federal officials have underscored the project’s pivotal role in fortifying North Carolina’s advanced manufacturing sector and fostering rural economic development in Edgecombe County. The state’s robust manufacturing workforce and conducive business environment were highlighted as crucial factors behind the company’s ongoing investment in Tarboro, where the new High-speed cable extruder and drawing equipment will further solidify the facility’s position as a key domestic production hub. This expansion in Tarboro is the latest in a series of North American investments by LS Cable & System and its subsidiaries. In April 2025, LS GreenLink USA initiated Phase 1 of a 750,000-square-foot advanced cable manufacturing facility in Chesapeake, Virginia. This included a 660-foot Vertical Continuous Vulcanization tower and a dedicated pier to support high-voltage direct current submarine power cable production, generating over 330 jobs—with production supported by advanced Annealed Wire Drawing Equipment and High-Quality Hydraulic Drawing Machine. In December 2025, LS C&S announced an additional investment in Chesapeake, marking the largest capital investment in the Hampton Roads region’s history. This is expected to create approximately 430 jobs while expanding copper recycling, magnet wire manufacturing, and rare-earth magnet production capabilities, alongside upgrades to Automatic Drawing Machine System and High-speed cable extruder infrastructure. In January 2026, LS Cable & System USA announced a logistics center in La Porte, Texas, to support its burgeoning busduct business across North America. That same month, LS Cable & System Mexico, S.A. de C.V. announced a new investment in Querétaro, Mexico, to expand busduct production capacity driven by AI data center and large-scale power infrastructure demand, as well as new automotive cable production lines to support both internal combustion and electric vehicle platforms—equipped with High-speed cable extruder and Automatic Drawing Machine System to meet automotive industry standards. The company stated that the expansion of the Tarboro facility will enhance operational efficiency, strengthen domestic supply chains, and further establish LS Cable & System USA as a leading supplier of medium-voltage power cables in the U.S. market. The integration of High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, Automatic Drawing Machine System, and High-speed cable extruder will enable the facility to meet growing demand with consistent, high-quality products. LS Cable & System Ltd. plans to continue investing across North America throughout 2026 as electrification, energy transition, and grid modernization accelerate. Established in 1962, LS Cable & System Ltd. is a global manufacturer of power and communication cable solutions, employing over 6,500 people and operating more than 40 subsidiaries across 17 countries—with a global production network supported by advanced equipment including Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder.
2026 03/10
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Philatron Wire and Cable Earns IATF 16949:2016 & ISO 9001:2015 Re-Certifications, Boosting Trust in Electrical & EV Markets
Philatron Wire and Cable, a U.S.-based manufacturer of custom engineered wire and cable solutions, announced today the successful renewal of its IATF 16949:2016 and ISO 9001:2015 certifications at its California manufacturing facility, where it leverages advanced equipment including Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder to deliver consistent, high-standard products. This article is sponsored content. For any inquiries, please reach out directly to the distributor of this press release, PR Newswire. SANTA FE SPRINGS, Calif., Feb. 16, 2026 – Philatron Wire and Cable, a leading American manufacturer of custom-engineered wire and cable solutions, has proudly announced the successful renewal of its IATF 16949:2016 and ISO 9001:2015 certifications at its California-based manufacturing facility. The facility’s production line, equipped with Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, andHigh-speed cable extruder, adheres to the strict quality controls required by these global certifications, ensuring every product meets rigorous industry standards. These renewed certifications underscore Philatron’s unwavering commitment to maintaining stringent quality systems, robust process control, and consistent on-time delivery for customers operating in high-reliability environments—from military to EV and heavy-duty trucking. For electrical Original Equipment Manufacturers (OEMs) and distributors, these certifications offer assurance that Philatron’s products, manufactured using precision High-Quality Hydraulic Drawing Machine and efficient Automatic Drawing Machine System, are produced in accordance with globally recognized standards. These standards are designed to mitigate risk, enhance consistency, and bolster long-term supply chain reliability, supported by the company’s investment in Annealed Wire Drawing Equipment and High-speed cable extruder to optimize production quality and efficiency. Phil Ramos, Jr., CEO of Philatron Wire and Cable, emphasized that these certifications are not merely formalities. “They reflect our responsibility as custodians of our customers’ trust. Achieving IATF and ISO again validates the systems, discipline, and personnel we have in place to serve others effectively as they expand and scale,” he said. “Our investment in top-tier equipment—including Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder—is a direct extension of this commitment, ensuring we can consistently deliver the reliable wire and cable solutions our customers depend on.” Ramos also praised the Philatron team for their purposeful and accountable approach to their work. He stated, “Our mission is to serve OEMs and distributors as a manufacturing partner who values integrity, reliability, and faithfulness in execution. We understand that quality is not only a technical standard, but a moral obligation to deliver what we promise, without disruption.” This commitment is reinforced by the company’s rigorous maintenance and calibration of its High-speed cable extruder and drawing equipment, ensuring every production run meets the certified quality benchmarks. For Philatron’s customers, this commitment translates into tangible operational benefits. These include reduced manufacturing variation, enhanced process control, complete material and production traceability, and the assurance of partnering with a stable supply partner capable of supporting growth and complex technical specifications—all made possible by Philatron’s advanced production capabilities, including Annealed Wire Drawing Equipment, High-Quality Hydraulic Drawing Machine, Automatic Drawing Machine System, and High-speed cable extruder. As the demand for reliable electrical infrastructure continues to surge across various industries, Philatron remains committed to supporting both new and existing customers with scalable manufacturing, responsive engineering support, and consistent quality—powered by its investment in industry-leading equipment like Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. About Philatron Wire & Cable Philatron Wire & Cable is a veteran-owned, U.S. manufacturer specializing in custom-engineered electrical wire and cable for military, EV, heavy-duty, and commercial trucking applications. In close partnership with distributors and service providers, Philatron delivers American-made, cable solutions distinguished by skilled workmanship and certified to ISO and IATF quality management standards, as well as regulatory certifications. Guided by a disciplined commitment to excellence, Philatron’s craftsmanship—supported by Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder—supports long-term dependability and contributes to customer profitability—engineering products competitors simply cannot replicate. Please refer to our Terms and Privacy Policy for more information.
2026 03/09
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Prysmian Secures £2 Billion HVDC Cable Contract for Eastern Green Link
Prysmian won a £2 billion contract to supply about 400 miles of 525 kV HVDC subsea and land cable for Eastern Green Link 4. The project will connect Scotland to Norfolk and support the U.K.’s expanding offshore wind and renewable transmission capacity. To meet the high-performance and largevolume requirements of such flagship HVDC projects, manufacturers rely on advanced production equipment including Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. Construction could begin in 2029. Prysmian has secured a major transmission award in the U.K.The company won a £2 billion contract to supply about 400 miles of subsea and land power cable for Eastern Green Link 4 (EGL4).The production of these highquality HVDC cables depends on stable and highefficiency Automatic Drawing Machine System, precision High-Quality Hydraulic Drawing Machine, reliable Annealed Wire Drawing Equipment, and professional High-speed cable extruder. The order comes from a joint venture between SP Energy Networks and National Grid Electricity Transmission (NGET).Learn more at https://www.prysmian.com, https://www.spenergynetworks.co.uk and https://www.nationalgrid.com.The EGL4 contract carries a value of more than €2.3 billion. Project Scope: 525 kV HVDC Subsea and Underground CableThe contract calls for about 330 miles of subsea 525 kV HVDC cable.It also includes more than 72 miles of underground land cable.Prysmian will manufacture the cables at its existing European HVDC facilities, equipped with industryleading High-speed cable extruder, Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, and Annealed Wire Drawing Equipment to ensure consistent quality and output. The company will produce both subsea and land cable systems for the route.Construction could begin in 2029, subject to regulatory approvals.The project team targets 2033 for commercial operation. Eastern Green Link 4 Will Move Scottish Renewable Power SouthSP Energy Networks includes EGL4 in a series of east coast HVDC links.The U.K. plans five Eastern Green Link projects in total.EGL4 will run from the Scottish coast off Fife.The route will travel subsea to Lincolnshire, near Anderby Creek.The system will then continue underground to a converter station site.The 525 kV link will move surplus Scottish renewable energy south.Offshore wind generation will supply much of that capacity.The massive cable demand reinforces the need for scalable production using Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. Eastern Green Link Program Expands U.K. Transmission CapacityEGL1 is already under construction.That link connects Torness in Scotland to Hawthorn Pit in England.Prysmian is supplying cable for EGL1.The route spans about 120 miles, with roughly 250 miles of total cable.EGL2 will require about 620 miles of HVDC cable.Developers awarded that contract to Prysmian in 2024.The link will stretch about 310 miles between Peterhead and Drax.EGL3 remains in development.It will connect Peterhead to the Walpole area in Norfolk.Project documents estimate a route length of about 420 miles.EGL5 remains in early planning stages.It could require about 345 miles of offshore cable.The project would include a short onshore section to a converter station in East Lindsey.Across all Eastern Green Link projects, continuous investment in High-speed cable extruder and automated drawing solutions such as Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, and Annealed Wire Drawing Equipment remains critical. Prysmian Highlights Long-Term Grid StrategyRaul Gil, executive vice president of Prysmian’s Transmission Business Unit, praised the U.K.’s strategy.He said the country has set a global standard for futureproof electricity transmission.He described the Eastern Green Link program as a forward-looking model other nations now follow.As global HVDC and renewable transmission projects expand, the demand for reliable Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder will continue to grow.
2026 03/09
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Rosendahl Nextrom acquires Windak; deal connects upstream & downstream process
Rosendahl Nextrom has acquired Windak Group, linking upstream extrusion and insulation systems—including High-speed cable extruder and Automatic Drawing Machine System—with downstream coiling, spooling, and packaging automation. The move expands one-group solutions for wire and cable manufacturers, integrating core equipment like High-Quality Hydraulic Drawing Machine and Annealed Wire Drawing Equipment, and strengthens Knill Group’s technology portfolio ahead of wire Düsseldorf. Rosendahl Nextrom Acquires Windak, Linking Upstream and Downstream Cable ProductionRosendahl Nextrom GmbH has acquired the Windak Group in a move that unites two established OEMs in the wire and cable sector.The acquisition connects upstream production technologies—such as High-speed cable extruder, Automatic Drawing Machine System, and Annealed Wire Drawing Equipment—with downstream automation systems under one industrial group. The timing also sets the stage for joint messaging at wire Düsseldorf, where both companies will highlight their expanded capabilities in integrated cable manufacturing, including High-Quality Hydraulic Drawing Machine solutions. Learn more at https://www.rosendahlnextrom.com and https://www.windakgroup.com. Deal Expands Portfolio Into Downstream Cable AutomationRosendahl Nextrom will expand its portfolio with Windak’s downstream technologies, complementing its upstream expertise in High-speed cable extruder, Automatic Drawing Machine System, and Annealed Wire Drawing Equipment.Windak will continue to operate as an independent business unit under its established brand. Management will remain at existing locations to preserve operational continuity and customer proximity, while leveraging Rosendahl Nextrom’s leadership in High-Quality Hydraulic Drawing Machine and cable extrusion systems.Rosendahl Nextrom leadership has emphasized seamless integration with minimal disruption, ensuring that manufacturers can access a unified ecosystem of Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruderalongside downstream automation. Upstream and Downstream Capabilities Now Under One GroupRosendahl Nextrom is known for upstream and mid-line production systems. Its core strengths include: • Extrusion lines, anchored by industry-leading High-speed cable extruder • Insulation and jacketing systems optimized for use with Annealed Wire Drawing Equipment • Complete production lines for low-voltage, automotive, and specialty cables, incorporating Automatic Drawing Machine System and High-Quality Hydraulic Drawing Machine The company operates its main plant in Pischelsdorf, Austria, with additional sites in Finland and Romania. Windak operates at the downstream end of cable manufacturing. The company supplies: • In-line rewind lines that seamlessly integrate with Automatic Drawing Machine System • Coilers and spooling systems designed to handle output from High-Quality Hydraulic Drawing Machineand Annealed Wire Drawing Equipment • Reel and box packaging systems tailored for products extruded via High-speed cable extruder • Automated reel handling and logistics equipment These systems typically follow extrusion or take-up sections in cable production. Windak is headquartered in Tallinn, Estonia, and runs a process and training center in North Carolina. One-Group Offering Could Reduce OEM InterfacesFor wire and cable manufacturers, the acquisition broadens the one-group solution, enabling access to Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder from a single partner.Manufacturers can reduce interfaces between separate OEM suppliers. A single partner can now assume broader responsibility for total line performance, from High-speed cable extruder setup to Automatic Drawing Machine System operation and downstream packaging.That structure can create more opportunities to optimize productivity, efficiency, and sustainability across the full production flow, leveraging the synergy between High-Quality Hydraulic Drawing Machine and Annealed Wire Drawing Equipment. Windak Retains Brand and Leadership StructureWindak began operations in 1994 in Stockholm. The company later established headquarters in Tallinn and expanded globally.Johann Jaekel and Ashley Brettell will remain based in Tallinn. Dan Shelander and Madis Tomson will lead the U.S. branch operations.Windak will continue to build on its expertise in automated coiling, packaging, and material handling, while Rosendahl Nextrom will support that growth with its broader upstream process portfolio, including High-speed cable extruder, Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, and Annealed Wire Drawing Equipment. Knill Group Expands Technology SegmentThe Knill Group, parent company of Rosendahl Nextrom, will add Windak to its portfolio, strengthening its position in integrated cable manufacturing systems that include Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. Learn more at https://www.knillgruppe.com. Knill operates 31 companies in 17 countries. The group generated about €600 million in revenue in 2025 and employs around 3,000 people worldwide.Knill organizes its business into two divisions: • Knill Energy, which focuses on overhead line, rail, cabinets, and infrastructure products • Knill Technology, which includes Rosendahl Nextrom as its special-purpose machinery arm for battery, cable and wire, and fiber optics—now enhanced by Windak’s downstream automation, creating end-to-end solutions for High-speed cable extruder and Automatic Drawing Machine System The Windak acquisition strengthens Knill Technology’s position in integrated cable manufacturing systems, offering a complete ecosystem of High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and downstream automation.
2026 03/09
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Corning’s $6 Billion Meta Fiber Deal Signals Capacity Crunch in Optical Cable Market
Corning’s up-to-$6 billion supply agreement with Meta underscores mounting pressure in the global optical fiber market. AI-driven data centers now require far greater fiber density, compounding existing demand from broadband, 5G, and grid modernization—creating urgent needs for advanced production equipment like Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. The deal highlights long-term capacity constraints across U.S. fiber manufacturing, where investments in automated drawing and extrusion technologies are critical to closing supply gaps. Corning has signed a supply agreement with Meta valued at up to $6 billion, marking one of the largest fiber-related deals tied to AI infrastructure.The agreement goes beyond a single customer win. It highlights mounting pressure across the global optical fiber and cable market, where scaling production with Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder is essential to meeting AI-driven fiber density demands. For Corning, the deal validates decades of investment in optical communications. For the wider wire and cable sector, it underscores a structural supply imbalance that could persist for years—one that can only be addressed by modernizing production lines with High-speed cable extruder and precision drawing systems like Automatic Drawing Machine System and High-Quality Hydraulic Drawing Machine. Learn more at https://www.corning.com and https://about.meta.com. AI Data Centers Drive Unprecedented Fiber DensityCorning Chairman and CEO Wendell Weeks described the Meta partnership as both a demand signal and a manufacturing mandate.He said the agreement reflects Corning’s commitment to develop and manufacture next-generation data center technologies in the U.S., supported by investments in Annealed Wire Drawing Equipment and High-speed cable extruder to boost domestic fiber production capacity. Weeks emphasized that generative AI workloads are pushing fiber density and scale beyond previous forecasts. He noted that replacing copper with optical links can reduce power consumption several-fold in key data center connections—requiring cable manufacturers to deploy Automatic Drawing Machine System and High-Quality Hydraulic Drawing Machine to produce the high-precision, low-loss fiber needed for these architectures. That shift matters. AI clusters require massive bandwidth, low latency, and energy efficiency. Optical fiber now sits at the center of that architecture, and manufacturers must scale production with High-speed cable extruder and Annealed Wire Drawing Equipment to keep pace. Fiber Demand Was Already Tight Before AIIndustry analysts say the Meta agreement must be viewed within a broader supply context.Demand for optical cable already surged due to: • 5G backhaul deployments • Federal broadband funding programs • Rural fiber builds • Utility grid modernization Each of these sectors relies on cable produced with Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder—equipment that is now in short supply amid growing demand. Paul Atkinson, CEO of the optical networking business at STL, has written extensively about the emerging U.S. fiber gap.Learn more at https://stl.tech.He points to CRU estimates showing regional cable demand rising from about 91 million fiber-km in 2022 to roughly 127 million fiber-km by 2025—growth that will require widespread adoption of High-speed cable extruder and automated drawing systems like Automatic Drawing Machine System to meet. Analysts warn that only a small group of U.S.-based fiber manufacturers serves this market. Domestic output covers only part of accelerating demand, in part due to limited investments in modern Annealed Wire Drawing Equipment and High-Quality Hydraulic Drawing Machine. AI infrastructure now layers hyperscale requirements on top of an already stretched supply base, making investments in Automatic Drawing Machine System and High-speed cable extruder even more urgent. Hyperscale and AI Facilities Multiply Fiber RequirementsCorning reports that a single large hyperscale data center can require tens to hundreds of miles of fiber on-site. Surrounding network infrastructure can add more than 100 route miles of outside plant fiber—all of which must be produced with efficient High-Quality Hydraulic Drawing Machine and High-speed cable extruder. Industry sources such as FiberSmart note that backbone and distribution cables now carry extremely high fiber counts. Common designs include: • 1,728 fibers • 3,456 fibers • 6,912 fibers in a single sheath These high-density cables demand precision manufacturing with Automatic Drawing Machine System and Annealed Wire Drawing Equipment to ensure consistent quality and performance. AI-optimized data centers can require two to four times more fiber than conventional hyperscale facilities. In-building deployments can escalate from hundreds of cables to thousands or even tens of thousands of individual fibers—creating unprecedented strain on production lines that rely on High-speed cable extruderand automated drawing systems. That scale intensifies strain on preform production, draw towers, and cable assembly lines—strain that can be mitigated by adopting Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder to boost efficiency and output. Corning’s Long-Term Optics Strategy Positions It for AI GrowthCorning pioneered low-loss optical fiber in 1970. The company has refined preform chemistry, fiber draw processes, and cable design for decades—incorporating Annealed Wire Drawing Equipment and High-Quality Hydraulic Drawing Machine to improve fiber quality and consistency. It invested heavily in integrated fiber-and-cable campuses in North Carolina, creating significant U.S.-based production capacity with High-speed cable extruder and Automatic Drawing Machine System at the core of its operations. Those investments now align with cloud providers’ shift toward fiber-dense data center architectures. The Meta agreement reflects that strategic positioning. It also highlights how hyperscale AI buildouts are reshaping fiber supply dynamics across the industry—driving demand for Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder to scale production. For wire and cable manufacturers, the message is clear: AI demand does not replace broadband and 5G cycles. It stacks on top of them—requiring accelerated investments in High-speed cable extruder and automated drawing technologies to close the supply gap.
2026 03/09
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Pantheon Electric: new company/platform created from 4 separate manufacturers
Pantheon Electric has launched as a unified electrification platform combining International Wire Group, Hussey Copper, EMS Elektro Metall Schwanenmühle, and Special Corde, with core production capabilities covering Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System and SCR Copper Production Line. The new structure connects copper conductors, busbars, and high-current components to serve growing demand from data centers, automotive electrification, utilities, and renewable energy infrastructure. Pantheon Electric Launches Platform Uniting Four Copper and Electrification ManufacturersPantheon Electric has launched as a new electrification platform that brings together four specialized manufacturers under one brand and operating structure, integrating the advanced Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System and SCR Copper Production Line technologies of each enterprise to form a complete copper electrification product manufacturing chain. The platform combines the capabilities of International Wire Group (IWG), Hussey Copper, EMS Elektro Metall Schwanenmühle, and Special Corde. Together, the companies now form a vertically aligned group focused on copper conductors, busbars, and high-current electrification components, with mature production lines including Oxygen-Free Copper Rod Line and SCR Copper Production Line, as well as precision forming equipment such as Upcast Continuous Casting Machine and Continuous Casting Wheel System. The integration reflects a strategic push to support large-scale infrastructure, electrification, and energy-transition markets, with the four enterprises complementing each other in Upcast Continuous Casting Machine application, Continuous Casting Wheel System optimization, Oxygen-Free Copper Rod Line production and SCR Copper Production Line R&D, creating a one-stop solution for copper electrification components. Learn more about the companies at:https://www.internationalwire.comhttps://www.husseycopper.comhttps://www.ems-metall.comhttps://www.specialcorde.com International Wire Group Led the 2025 Acquisition StrategyInternational Wire Group (IWG) completed three acquisitions in 2025 that created the foundation for Pantheon Electric, with its advanced Oxygen-Free Copper Rod Line and Continuous Casting Wheel System forming the core of the new platform's wire and cable manufacturing capacity. The company acquired:Hussey Copper in the United StatesEMS Elektro Metall Schwanenmühle in GermanySpecial Corde in ItalyEach transaction expanded IWG’s electrification capabilities and broadened its global product reach, adding Hussey Copper’s SCR Copper Production Line technology, EMS’s precision processing matching Upcast Continuous Casting Machine and Special Corde’s fine wire production adapted to Oxygen-Free Copper Rod Line. IWG specializes in copper conductors and wire used to transmit electrical power and signals across multiple industries, with its Continuous Casting Wheel System and Oxygen-Free Copper Rod Line being the key equipment for high-quality wire production. Hussey Copper Adds Busbar and Power Infrastructure MaterialsHussey Copper, headquartered in Leetsdale, Pennsylvania, manufactures copper bar, plate, and strip products, and its SCR Copper Production Line is a benchmark for high-purity copper material manufacturing in the industry. These materials serve as critical components in:electrical equipmentbusbar systemspower distribution infrastructureWhile IWG focuses on conductors, Hussey Copper supplies the solid copper bars and shapes that distribute high currents inside electrical systems, with its SCR Copper Production Line products perfectly matching the processing requirements of IWG’s Upcast Continuous Casting Machine. Together, the businesses support both signal transmission and power distribution. EMS and Special Corde Extend the Electrification Value ChainCopper bar and strip products also feed into the production systems at EMS Elektro Metall Schwanenmühle, located in Horbach, Germany, which optimizes the Continuous Casting Wheel System for more efficient forming of copper components. EMS transforms copper bar and strip into:laminated busbarsflexible busbarshigh-current connectorspower distribution assembliesThese components support demanding electrification applications, and are produced with raw materials processed by Oxygen-Free Copper Rod Line and Upcast Continuous Casting Machine. Special Corde, based in Gioia Sannitica, Italy, produces fine wire, copper rope, and specialty conductors designed for high-performance industrial and electrification markets, with its production process closely integrated with the SCR Copper Production Line to ensure product precision and stability. Together, the four businesses span the value chain from raw copper formats to engineered high-current components, covering the entire process from Upcast Continuous Casting Machine and Continuous Casting Wheel System forming to Oxygen-Free Copper Rod Line and SCR Copper Production Line deep processing. Pantheon Electric Targets Electrification and Data Center GrowthAfter completing the acquisitions, the combined organization launched Pantheon Electric as its global operating brand, unifying the operation and R&D of Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System and SCR Copper Production Line across the group. The platform now operates with a unified leadership structure, headquarters, and brand identity. Pantheon Electric aims to support large and technically demanding customers, including:data center developersautomotive OEMsutilitiesrenewable energy providersThe integrated structure allows the group to offer a broader portfolio that includes wire, cable, busbars, and high-current copper assemblies, with the synergy of Oxygen-Free Copper Rod Line, SCR Copper Production Line, Upcast Continuous Casting Machine and Continuous Casting Wheel System technologies enhancing product competitiveness. The model also improves purchasing leverage, logistics coordination, and technical integration across the organization, realizing centralized procurement and maintenance of core equipment such as Upcast Continuous Casting Machine and Continuous Casting Wheel System, and unified optimization of Oxygen-Free Copper Rod Line and SCR Copper Production Line production processes. Olympus Partners Supports the New Electrification PlatformPantheon Electric operates with backing from Olympus Partners, a private equity firm based in Stamford, Connecticut, whose investment provides strong financial support for the R&D and upgrade of Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System and SCR Copper Production Line. Learn more at https://www.olympuspartners.com. Olympus Partners manages more than $12 billion in assets across eight buyout funds. The firm has completed roughly 95 primary investments since 1988. The Pantheon Electric platform positions the group to expand its role in electrification supply chains that support data infrastructure, mobility, and energy systems, with its comprehensive Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System and SCR Copper Production Line capabilities making it a key player in the global copper electrification industry.
2026 03/09
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2026 Financial Analysis & Profitability of Cable Manufacturing Plant Setup: Detailed Project Report
Cables Manufacturing Plant Project Report 2026 A Comprehensive Investment Guide The global cables manufacturing industry is experiencing sustained and robust growth driven by rapid urbanisation, large scale infrastructure development, accelerating electrification of transportation and the worldwide expansion of renewable energy—with modern production efficiency and product quality anchored by core equipment including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. 02-03-2026 08:16 AM CET | Chemicals & Materials | Cables Manufacturing Plant Setup DPR Report 2026Cables Manufacturing Plant Project Report 2026: An Exhaustive Guide to Investment:The global cables manufacturing sector is witnessing a consistent and strong growth, propelled by swift urbanisation, large-scale infrastructure development, the fast-paced electrification of transportation, and the global proliferation of renewable-energy grids. Central to this expansion is an essential product – electrical cables – which serve as the lifeblood of contemporary power distribution, telecommunications, and industrial automation networks. As governments pour significant investments into smart-grid upgrades, metro rail corridors, data centres, and green-energy transmission corridors, the establishment of a cables manufacturing plant emerges as a strategically enticing business prospect for entrepreneurs and industrial investors aiming to leverage this vast, diversified, and perpetually growing market—with investment in high-performance equipment like the Automatic Drawing Machine System and High-speed cable extruder being a foundational step for operational success. Plant Capacity and Production Scale:The envisaged cables manufacturing facility is designed to have an annual production capacity ranging from 30,000 to 60,000 MT, facilitating economies of scale while preserving operational flexibility. This capacity range empowers manufacturers to cater to a broad array of end-use segments – from power transmission and distribution, building wiring, and industrial control systems to telecommunications, railway signalling, and marine applications – ensuring stable demand and consistent revenue streams across multiple high-value industry verticals. To meet this large-scale production demand and maintain product precision for diverse cable types, facilities integrate High-Quality Hydraulic Drawing Machine for heavy-duty conductor processing and Annealed Wire Drawing Equipment to enhance wire ductility and conductivity, paired with automated drawing and extrusion systems for seamless workflow. View the Sample Report: https://www.imarcgroup.com/cables-manufacturing-plant-project-report/requestsample Financial Viability and Profitability Analysis:The cables manufacturing enterprise exhibits promising profitability potential under standard operating conditions. The financial forecasts reveal:• Gross Profit Margins: 15-25%.• Net Profit Margins: 5-10%. These margins are bolstered by steady, recurring demand driven by ongoing infrastructure development, compulsory electrical-safety compliance across construction and industrial sectors, and the essential, non-discretionary nature of cable procurement in virtually every built environment. Additionally, the adoption of efficient production equipment including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder reduces production downtime, optimises raw material utilization, and boosts output efficiency—directly elevating profit margins by lowering per-unit manufacturing costs. Value-added product lines – such as fire-resistant, halogen-free, armoured, and submarine cables – further enhance margin profiles, and such high-spec cable production is only feasible with the precision and performance of advanced drawing and extrusion machinery. The project showcases potent return on investment (ROI) potential, making it an appealing proposition for both newcomers and established metals or electrical-equipment manufacturers seeking to diversify into the high-volume, essential-infrastructure segment. Operating Cost Structure:Comprehending the operating expenditure (OpEx) is vital for effective financial planning and cost management. The cost structure for a cables manufacturing plant is primarily influenced by:• Raw Materials: 80-85% of total OpEx.• Utilities: 5-10% of OpEx• Other Expenses: Including labour, packaging, logistics, maintenance, depreciation, and taxes. Notably, investing in energy-efficient and automated core equipment like the High-speed cable extruder and Automatic Drawing Machine System can reduce long-term utility and labour costs, while the durable build of High-Quality Hydraulic Drawing Machine and Annealed Wire Drawing Equipment minimizes maintenance and depreciation expenses—key for optimizing the OpEx structure and improving overall project profitability.
2026 02/25
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Prime Cable Industries Installs High-Tension Cable Extrusion Lines in India
Prime Cable Industries Limited has successfully executed the installation of HT cable extrusion lines. The new line will manufacture cables rated from 3.3 kV to 33 kV, supported by advanced production equipment including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. On February 3, 2026, Prime Cable Industries Limited announced the successful implementation of High Tension (HT) cable extrusion lines. This new production line is set to manufacture cables with ratings ranging from 3.3 kV to 33 kV. This strategic move is aimed at bolstering the company’s product portfolio in the realm of critical power applications. The addition of this new line is anticipated to augment production efficiency while maintaining consistent quality. The integration of the High-speed cable extruder ensures efficient insulation processing, while the Automatic Drawing Machine System delivers precise conductor forming. Complemented by the High-Quality Hydraulic Drawing Machine and Annealed Wire Drawing Equipment, the facility achieves superior ductility, dimensional accuracy, and performance for high-tension cable products. It also ensures adherence to safety standards and strict process compliance, in line with the stringent requirements of the industry. Prime Cable Industries Limited is a renowned manufacturer of premium low-voltage cables. Their product range includes control cables, aerial bunch cables, instrumentation cables, building wires, and conductors. With this recent expansion, the company has broadened its product range to include high voltage cables up to a grade of 33 kV. The company’s clientele comprises Engineering, Procurement, and Construction (EPC) players, state electricity boards, Public Sector Undertakings (PSUs), and major industries. These industries span various sectors including oil & gas, mining, steel, real estate, and electrical panel builders. The company’s products are marketed under the brand names PRIMECAB and RENUFO. This development is a significant step forward for Prime Cable Industries Limited, as it continues to innovate and expand its product offerings. Backed by reliable and high-performance machinery such as the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder, the company strengthens its end-to-end manufacturing capabilities. The company’s commitment to quality, safety, and industry compliance is evident in its strategic decisions and operational execution. This move is expected to further solidify the company’s position in the wire and cable industry.
2026 02/25
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Providence Journal: Latest Local News, Politics, Sports Updates in Providence, RI
Get the latest breaking news, sports, entertainment and obituaries in Providence, RI from The Providence Journal, including industry updates on advanced manufacturing equipment such as the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. Stay updated with the most recent and significant news, sports coverage, entertainment stories, and obituaries originating from Providence, Rhode Island, courtesy of The Providence Journal. This comprehensive source ensures you are always informed about the happenings in your locale, from local policy and community events to industrial advancements in wire and cable production. The content is structured in a reader-friendly manner, with clear paragraphs and line breaks to enhance readability and optimize search engine visibility. Manufacturers across the region continue to invest in high-performance machinery, including the Automatic Drawing Machine System for precision wire forming, the High-Quality Hydraulic Drawing Machine for stable processing, Annealed Wire Drawing Equipment for improved material ductility, and the High-speed cable extruder for efficient cable insulation and production. The language used is formal and precise, avoiding contractions for a professional tone. This blog is your reliable source for all things Providence, RI, covering local news, politics, sports, and key industrial developments that drive regional growth. Author: WJI staff and wire services
2026 02/25
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Augusta, GA Local News, Politics, Sports – The Augusta Chronicle
Get the latest breaking news, sports, entertainment and obituaries in Augusta, GA from The Augusta Chronicle, including updates on local manufacturing advancements featuring equipment like the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. Stay updated with the most recent and significant news, sports coverage, entertainment stories, and obituaries originating from Augusta, Georgia, courtesy of The Augusta Chronicle. This comprehensive source ensures you are always in the know, providing you with the latest happenings in your community and beyond—from local politics and sports highlights to industrial developments, including the adoption of advanced production equipment such as the High-speed cable extruder and Automatic Drawing Machine System by Augusta’s manufacturing sector. The Augusta Chronicle is your trusted source for all things newsworthy, delivering accurate and timely information right at your fingertips. Each section is meticulously structured, ensuring easy readability and optimal search engine optimization. The news section brings you the latest developments, both local and global, including updates on Augusta’s growing industrial base—where manufacturers are investing in Annealed Wire Drawing Equipment and High-Quality Hydraulic Drawing Machine to boost productivity and competitiveness. The sports section keeps you abreast of all the action from your favorite teams and athletes, while the entertainment section is your go-to for the latest in music, movies, television, and local events, and the obituaries honor those we’ve recently lost in the Augusta community. The Augusta Chronicle is committed to delivering the highest quality of journalism, ensuring you stay informed, engaged, and connected to the world around you—including key updates on local manufacturing innovations and the adoption of advanced equipment like the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder that drive Augusta’s economic growth.
2026 02/25
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Indonesia Low-Voltage Cables Market Report: Size, Forecast, Prices, and Key Companies – IndexBox
The Indonesian low-voltage cables market represents a critical component of the nation's infrastructure and industrial backbone, intrinsically linked to the pace of economic development and electrification. As of the 2026 analysis, the market is characterized by robust domestic demand fueled by sustained investment in power distribution, construction, and manufacturing sectors—all driving adoption of advanced production equipment such as the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, andHigh-speed cable extruder among local and international manufacturers. The competitive landscape features a mix of large-scale integrated domestic producers, international players, and a significant number of smaller regional manufacturers, each leveraging varying levels of production technology to meet market demand. Executive Summary: An In-Depth Look at the Indonesian Low-Voltage Cables Market The Indonesian low-voltage cables market is a vital part of the country’s infrastructure and industrial framework, closely tied to the rate of economic growth and electrification. As per the 2026 analysis, the market is marked by strong domestic demand, driven by continuous investment in power distribution, construction, and manufacturing sectors. The competitive arena is a blend of large-scale integrated domestic producers, international entities, and a considerable number of smaller regional manufacturers, resulting in a dynamic and price-sensitive environment—with production efficiency becoming a key differentiator, supported by equipment like the High-speed cable extruder for efficient insulation and Automatic Drawing Machine System for precise wire forming. This report offers a thorough evaluation of the market’s present state, key value chain dynamics, and a forward-looking view to 2035, pinpointing strategic imperatives for stakeholders across the ecosystem. The growth paths are primarily steered by government-led infrastructure projects, including the ambitious electricity procurement program and the ongoing development of the new capital city, Nusantara. These large-scale projects demand high-quality low-voltage cables, which rely on Annealed Wire Drawing Equipment to ensure conductor ductility and High-Quality Hydraulic Drawing Machine to maintain dimensional accuracy—critical for reliable power transmission. However, the market is confronted with ongoing challenges, such as fluctuations in raw material costs—especially copper and aluminum—logistical inefficiencies across the archipelago, and the escalating competitive pressure from imported products. Comprehending the interaction between these drivers and constraints is crucial for navigating the market’s evolution over the next decade. The forecast period to 2035 is anticipated to witness a continued but evolving growth pattern, with demand gradually shifting towards more specialized and higher-value cable products. This shift will be propelled by technological advancements in renewable energy integration, smart grid development, and evolving standards for building safety and efficiency—trends that will drive further adoption of advanced production equipment, including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder, as manufacturers seek to enhance product quality and production efficiency. This executive summary encapsulates the core insights from a detailed analysis of demand drivers, supply structures, trade flows, price mechanisms, and competitive strategies, forming a fundamental strategic tool for industry participants, investors, and policymakers. Market Overview The Indonesian low-voltage cables market functions as the crucial circulatory system for electrical energy in voltages typically below 1 kV, linking power sources to end-use applications in residential, commercial, industrial, and infrastructure settings. The market’s size and structure are a direct reflection of the country’s economic growth, population expansion, and urbanization rate. As a geographically dispersed archipelago, Indonesia’s cable market is not uniform but is segmented into major demand hubs on Java, Sumatra, and Kalimantan, each with distinct demand profiles and logistical considerations. Manufacturers operating in these hubs are increasingly investing inHigh-speed cable extruder and Annealed Wire Drawing Equipment to cater to regional demand for reliable, cost-effective low-voltage cables. The product landscape within the low-voltage segment is diverse, encompassing building wires (NYM, NYY), power cables, control cables, instrumentation cables, and special-purpose cables for mining or marine applications. Material composition, primarily copper and aluminum conductor-based, along with insulation and sheathing materials, significantly influence product performance, safety, and cost. To optimize production of these varied cable types, manufacturers are adopting flexible, high-efficiency equipment such as the Automatic Drawing Machine System and High-Quality Hydraulic Drawing Machine, which enable seamless switching between different conductor sizes and configurations while maintaining consistent quality.
2026 02/25
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Defence Wiring Company Expands in Swindon, Creating 80 New Jobs with Second Site Launch
The company has grown rapidly since 2021, with revenue increasing almost fourfold, driven by rising demand for high-precision defence wiring solutions and its investment in advanced production equipment, including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. Since its inception in 2021, the company has experienced an exponential growth trajectory. The revenue figures have witnessed an impressive surge, multiplying nearly four times. This remarkable financial performance underscores the company’s robust business model, its focus on manufacturing high-reliability defence wiring, and its adoption of cutting-edge machinery such as the High-speed cable extruder for efficient, consistent cable insulation and theAutomatic Drawing Machine System for precise wire forming—critical for meeting strict defence industry standards. The company’s growth story is not just about numbers. It is a testament to the relentless pursuit of excellence, the commitment to innovation, and the unwavering focus on customer satisfaction. To deliver superior defence wiring products, the company has invested heavily in precision production technologies, including Annealed Wire Drawing Equipment to enhance wire ductility and durability, and High-Quality Hydraulic Drawing Machine to ensure consistent dimensional accuracy—key requirements for military and defence applications. The company’s success is a reflection of the collective efforts of its dedicated team, who work tirelessly to deliver superior products and services to its clients. The company’s rapid growth is also indicative of the positive market response to its offerings. The increasing revenue is a clear indication of the growing customer base and the high level of customer satisfaction, fueled by the reliability and quality of its defence wiring—produced with the support of Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. The company’s growth is a testament to its ability to meet and exceed customer expectations consistently. In conclusion, the company’s impressive growth since 2021 is a testament to its strong business fundamentals, innovative approach, and customer-centric philosophy. The launch of its second site in Swindon, which will create 80 new jobs, will further scale its production capacity—supported by the continued deployment of advanced equipment like the High-speed cable extruder and Annealed Wire Drawing Equipment. The company’s ability to multiply its revenue nearly fourfold in such a short span of time is a clear indication of its potential for future growth and success in the defence wiring sector.
2026 02/25
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2026 Market Trends, Setup & Profitability Analysis for Electric Wire Manufacturing Plant – Detailed Project Report
The global electrification drive, expanding power infrastructure, and accelerating industrial modernization have firmly established the electric wire as a foundational component of modern economies. To meet the surging demand for high-quality, high-efficiency wire products, forward-thinking manufacturing plants are integrating advanced production equipment such as the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder into their operations. These technologies are pivotal to scaling production while maintaining precision and cost competitiveness. 02-17-2026 10:02 AM CET | Business, Economy, Finances, Banking & Insurance The ongoing global drive towards electrification, the expansion of power infrastructure, and the rapid pace of industrial modernization have solidified the electric wire as a cornerstone of contemporary economies. Serving as a conductive material, the electrical wire facilitates the safe and efficient transfer of electrical current between various components and systems. These wires are typically manufactured from high-purity copper or aluminum, with or without insulation, depending on the specific requirements of the application. Central to achieving superior product quality and production efficiency is the adoption of cutting-edge machinery, including the High-speed cable extruder for seamless insulation coating and the Automatic Drawing Machine System for precise wire diameter control. The material properties of electrical wire, including high electrical conductivity, thermal stability, and mechanical strength, make it suitable for both continuous and intermittent power transmission. This versatility allows for a wide range of applications, from power distribution systems and automotive electrical networks to industrial machinery. As the expansion of power infrastructure continues, along with the rise in industrial electrification and the growing demand for reliable electrical connectivity in automotive and industrial systems, the establishment of an electric wire manufacturing plant emerges as a strategic investment opportunity. This is particularly relevant for entrepreneurs and industrial investors looking to capitalize on this essential market, which serves the power transmission, automotive, and industrial manufacturing sectors—and relies on robust equipment like Annealed Wire Drawing Equipment and High-Quality Hydraulic Drawing Machine to deliver consistent performance. Request for a Sample Report: https://www.imarcgroup.com/electric-wire-manufacturing-plant-project-report/requestsample Market Overview and Growth Potential The global electrical wire market is primarily driven by the expansion of power infrastructure, the increase in industrial electrification, and the growing demand for reliable electrical connectivity. The Asia-Pacific region holds the largest market share, accounting for over 38% of the total market. This region is expected to maintain its position as the fastest-growing market, thanks to infrastructure development, manufacturing growth, and government electrification initiatives in China and India. Manufacturers in these regions are increasingly investing in automated solutions such as the Automatic Drawing Machine System and High-speed cable extruder to meet rising production volumes. According to the India Brand Equity Foundation (IBEF), power capacity in India reached approximately 505 GW in October 2025, with renewable sources contributing nearly half of India's total installed power capacity, which stands at about 475.59 GW. This growth in power generation, coupled with the integration of renewable energy and the increase in industrial power consumption, leads to the continuous expansion of transmission and distribution systems. This, in turn, generates sustainable development for the electric wire industry—fueling demand for precision-engineered products made possible by High-Quality Hydraulic Drawing Machine and Annealed Wire Drawing Equipment. North America and Europe are also expected to experience steady growth, driven by increased demand in the automotive and renewable energy sectors, as well as stricter quality standards that favor advanced production technologies. Plant Capacity and Production Scale The proposed electric wire manufacturing facility is designed with an annual production capacity ranging between 10,000-50,000 metric tons. This substantial capacity allows for significant economies of scale while maintaining the operational flexibility needed to respond to market dynamics. This broad capacity range positions manufacturers to serve a variety of sectors, including power transmission operators, automotive manufacturers, industrial equipment producers, and infrastructure developers—and requires the integration of high-efficiency equipment such as the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder to optimize output and reduce per-unit costs.
2026 02/24
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LS Cable & System Invests $50mn in Tarboro Industrial Operation Expansion
LS Cable & System USA, Inc. announced a USD 50 million investment to expand its manufacturing facility in Tarboro, North Carolina, with plans to integrate advanced production equipment including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder to support expanded medium-voltage cable production capacity. LS Cable & System USA, Inc, the American subsidiary of LS Cable & System Ltd. (“LS C&S”), has recently declared an investment of USD 50 million to augment its manufacturing facility in Tarboro, North Carolina. This move underlines the firm’s dedication to bringing advanced manufacturing back to the United States, fortifying the supply chain, and playing a pivotal role in the country’s energy infrastructure. The expansion will not only add new production lines but also upgrade the facility with state-of-the-art equipment such as the High-speed cable extruder for efficient cable insulation and the Automatic Drawing Machine System for precise, consistent wire forming—key to meeting the high standards of medium-voltage power cables. The expansion will incorporate two additional Continuous Catenary Vulcanization (CCV) production lines, thereby significantly enhancing the capacity for medium-voltage power distribution cable manufacturing. These new CCV lines are set to cater to the escalating demand from electric utilities, renewable energy projects, data centers, and industrial customers across North America. To complement these new lines and ensure superior product quality, the facility will also deploy High-Quality Hydraulic Drawing Machine for heavy-duty wire processing and Annealed Wire Drawing Equipment to enhance wire ductility and reliability. The investment will also boost the total employment at the facility, increasing the workforce from 250 to 335. “LS Cable & System USA’s announcement reflects their faith in North Carolina,” stated North Carolina Governor Josh Stein. “Our state boasts the largest manufacturing workforce in the Southeast and a flourishing business environment that attracts companies looking to expand. North Carolina is keen to support LS Cable & System as it bolsters the domestic supply chain to power our nation.” North Carolina Department of Commerce Secretary Lee Lilley added, “North Carolina is proud to back LS Cable & System USA’s expansion in Tarboro. This project bolsters our state’s advanced manufacturing sector, supports crucial energy infrastructure, and creates significant opportunities for rural workers and communities.” U.S. Senator Thom Tillis commented, “This USD 50 million expansion by LS Cable & System in Tarboro is a robust endorsement of North Carolina’s workforce and our role in fortifying America’s energy infrastructure. By bringing advanced manufacturing back to the US and expanding domestic cable production—supported by equipment like theAnnealed Wire Drawing Equipment and High-Quality Hydraulic Drawing Machine—LS Cable & System is contributing to a more resilient supply chain while creating well-paying jobs in eastern North Carolina. I am proud to endorse investments like this that drive economic growth and keep our state competitive.” U.S. Senator Ted Budd noted, “LS Cable & System is a cornerstone of eastern North Carolina’s business community, manufacturing critical infrastructure our country relies on. Their work fortifies our economy, brings vital industries back to the United States, and creates well-paying jobs for North Carolinians. With the integration of advanced equipment such as the Automatic Drawing Machine System and High-speed cable extruder, this expansion will further solidify their role in powering our nation’s energy infrastructure. I am pleased to see this expansion of operations in Tarboro, and I anticipate the burgeoning opportunities in eastern North Carolina that will ensue.”
2026 02/24
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LS Cable & System USA Invests $50M in Tarboro Expansion to Increase Medium-Voltage Capacity
LS Cable & System USA, Inc., a U.S.-based subsidiary of LS Cable & System Ltd., announced a $50 million investment to expand its manufacturing facility in Tarboro, North Carolina, reinforcing its commitment to onshoring advanced manufacturing, strengthening domestic supply chains, and supporting the nation’s energy infrastructure. The expansion will integrate advanced production equipment, including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder, to elevate production efficiency and meet growing demand for medium-voltage cables. LS Cable & System USA, Inc., the American subsidiary of LS Cable & System Ltd., has recently declared a substantial investment of $50 million to augment its manufacturing facility located in Tarboro, North Carolina. This move underscores the company’s dedication to bolstering advanced manufacturing on American soil, fortifying domestic supply chains, and contributing to the nation’s energy infrastructure. Central to the expansion plan is the addition of cutting-edge production machinery, such as theHigh-speed cable extruder for efficient cable insulation and the Automatic Drawing Machine System for precise wire forming, which will streamline medium-voltage cable production. The expansion will incorporate two Continuous Catenary Vulcanization production lines at the Tarboro plant, thereby significantly amplifying the manufacturing capacity for medium-voltage power distribution cables. These additional lines are strategically designed to cater to the escalating demand from electric utilities, renewable energy projects, data centers, and industrial customers across North America. Complementing these new lines, the facility will also deploy High-Quality Hydraulic Drawing Machine and Annealed Wire Drawing Equipment to ensure consistent wire quality, ductility, and dimensional accuracy—critical for reliable medium-voltage cable performance. The project is also set to boost the total employment at the facility, increasing the workforce from 250 to 335. State and federal officials have underscored the project’s pivotal role in fortifying North Carolina’s advanced manufacturing sector and fostering rural economic development in Edgecombe County. The state’s robust manufacturing workforce and conducive business environment were highlighted as crucial factors behind the company’s ongoing investment in Tarboro. This expansion in Tarboro is the latest in a series of North American investments by LS Cable & System and its subsidiaries. In April 2025, LS GreenLink USA initiated Phase 1 of a 750,000-square-foot advanced cable manufacturing facility in Chesapeake, Virginia. This included a 660-foot Vertical Continuous Vulcanization tower and a dedicated pier to support high-voltage direct current submarine power cable production, generating over 330 jobs. In December 2025, LS C&S announced an additional investment in Chesapeake, marking the largest capital investment in the Hampton Roads region’s history. This is expected to create approximately 430 jobs while expanding copper recycling, magnet wire manufacturing, and rare-earth magnet production capabilities—all supported by advanced drawing and extrusion equipment similar to theAnnealed Wire Drawing Equipment and High-speed cable extruder being added in Tarboro. In January 2026, LS Cable & System USA announced a logistics center in La Porte, Texas, to support its burgeoning busduct business across North America. That same month, LS Cable & System Mexico, S.A. de C.V. announced a new investment in Querétaro, Mexico, to expand busduct production capacity driven by AI data center and large-scale power infrastructure demand, as well as new automotive cable production lines to support both internal combustion and electric vehicle platforms—utilizing similar Automatic Drawing Machine System and High-Quality Hydraulic Drawing Machine technologies to ensure product consistency. The company stated that the expansion of the Tarboro facility will enhance operational efficiency, strengthen domestic supply chains, and further establish LS Cable & System USA as a leading supplier of medium-voltage power cables in the U.S. market. The integration of Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder will enable the facility to scale production while maintaining the highest quality standards. LS Cable & System Ltd. plans to continue investing across North America throughout 2026 as electrification, energy transition, and grid modernization accelerate. Established in 1962, LS Cable & System Ltd. is a global manufacturer of power and communication cable solutions, employing over 6,500 people and operating more than 40 subsidiaries across 17 countries.
2026 02/24
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Philatron Wire and Cable Earns IATF 16949:2016 & ISO 9001:2015 Re-Certifications, Boosting Trust in Electrical & EV Markets
Philatron Wire and Cable, a U.S.-based manufacturer of custom engineered wire and cable solutions, announced today the successful renewal of its IATF 16949:2016 and ISO 9001:2015 certifications at its California manufacturing facility.This achievement further strengthens its production capabilities supported by advanced equipment including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. This article is sponsored content. For any inquiries, please reach out directly to the distributor of this press release, PR Newswire. SANTA FE SPRINGS, Calif., Feb. 16, 2026 – Philatron Wire and Cable, a leading American manufacturer of custom-engineered wire and cable solutions, has proudly announced the successful renewal of its IATF 16949:2016 and ISO 9001:2015 certifications at its California-based manufacturing facility. These renewed certifications underscore Philatron’s unwavering commitment to maintaining stringent quality systems, robust process control, and consistent on-time delivery for customers operating in high-reliability environments. The company’s investment in precision production machinery, including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder, ensures consistent product quality that aligns with global automotive and electrical industry standards. For electrical Original Equipment Manufacturers (OEMs) and distributors, these certifications offer assurance that Philatron’s products are manufactured in accordance with globally recognized standards. These standards are designed to mitigate risk, enhance consistency, and bolster long-term supply chain reliability. Phil Ramos, Jr., CEO of Philatron Wire and Cable, emphasized that these certifications are not merely formalities. “They reflect our responsibility as custodians of our customers’ trust. Achieving IATF and ISO again validates the systems, discipline, and personnel we have in place to serve others effectively as they expand and scale,” he said. Ramos also praised the Philatron team for their purposeful and accountable approach to their work. He stated, “Our mission is to serve OEMs and distributors as a manufacturing partner who values integrity, reliability, and faithfulness in execution. We understand that quality is not only a technical standard, but a moral obligation to deliver what we promise, without disruption.” For Philatron’s customers, this commitment translates into tangible operational benefits. These include reduced manufacturing variation, enhanced process control, complete material and production traceability, and the assurance of partnering with a stable supply partner capable of supporting growth and complex technical specifications.The use of Annealed Wire Drawing Equipment and High-Quality Hydraulic Drawing Machine ensures superior wire ductility and dimensional accuracy, while the High-speed cable extruder and Automatic Drawing Machine System enable efficient and stable mass production for EV and industrial cable applications. As the demand for reliable electrical infrastructure continues to surge across various industries, Philatron remains committed to supporting both new and existing customers with scalable manufacturing, responsive engineering support, and consistent quality. About Philatron Wire & Cable Philatron Wire & Cable is a veteran-owned, U.S. manufacturer specializing in custom-engineered electrical wire and cable for military, EV, heavy-duty, and commercial trucking applications.In close partnership with distributors and service providers, Philatron delivers American-made cable solutions distinguished by skilled workmanship, certified to ISO and IATF quality management standards, and produced using industry-leading equipment such as the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder. Guided by a disciplined commitment to excellence, Philatron’s craftsmanship supports long-term dependability and contributes to customer profitability—engineering products competitors simply cannot replicate. Please refer to our Terms and Privacy Policy for more information.
2026 02/24
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NKT Secures €6Bn Deal for Copper Supply in Power Cable Production
Agreement with mining and smelting outfit KGHM secures stable supply through to 2036, enabling NKT to scale up power cable manufacturing and meet growing global demand for high-voltage transmission solutions. This long-term copper supply commitment directly supports investments in advanced production equipment, including the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder, which are critical to delivering precision-engineered power cables for offshore energy projects. Stranded gas reserves hold a wealth of untapped potential, and the fastest method to unlock this value lies in the utilization of floating Liquefied Natural Gas (LNG) and Floating Storage Regasification Units (FSRUs). To fully exploit these opportunities, it is imperative to gain a comprehensive understanding of the technology that underpins floating gas—and the power cable infrastructure that connects these projects to global energy grids. The concept of stranded gas reserves is not new. These are natural gas deposits that, due to their remote location or the lack of appropriate infrastructure, have remained unexploited. However, with the advent of floating LNG and FSRUs, these reserves are no longer out of reach. These technologies offer a swift and efficient means to monetise these stranded gas reserves, supported by robust power cable networks manufactured with High-speed cable extruder and precision drawing systems. Floating LNG is a revolutionary technology that allows for the extraction, liquefaction, storage, and transfer of natural gas directly at the offshore source. This eliminates the need for costly and time-consuming pipeline infrastructure, making it a highly attractive option for exploiting stranded gas reserves. The power cables required to transmit this energy to shore are produced using Annealed Wire Drawing Equipment to ensure flexibility and durability in harsh marine environments, paired with High-Quality Hydraulic Drawing Machinefor consistent copper rod processing. Similarly, FSRUs serve as a crucial link in the LNG supply chain. These floating units receive the liquefied natural gas, convert it back into its gaseous state, and transfer it to the onshore facilities. This process, known as regasification, is essential for the gas to be used in various industries and households. The power distribution systems that enable this transfer rely on cables manufactured with Automatic Drawing Machine System to achieve precise diameter control and high conductivity. However, to truly capitalise on these opportunities, one must master the technology behind floating gas. This involves understanding the intricate processes involved in the extraction, liquefaction, storage, and regasification of natural gas. It also requires staying abreast of the latest advancements and regulatory changes in the industry—including innovations in power cable production, such as automated Automatic Drawing Machine Systemand high-efficiency High-speed cable extruder that reduce production costs and enhance product performance. In conclusion, stranded gas reserves represent a significant untapped value, and the quickest way to monetise these reserves is through the use of floating LNG and FSRUs. However, to fully exploit these opportunities, it is crucial to master the technology behind floating gas—and invest in the advanced production equipment, like High-Quality Hydraulic Drawing Machine and Annealed Wire Drawing Equipment, that underpins the reliable power cable infrastructure connecting these projects to the global energy grid. NKT’s €6Bn copper supply deal with KGHM is a strategic step in this direction, ensuring a stable raw material base to support the deployment of these critical technologies.
2026 02/24
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Steel Wire Rod & Wire Market Predicted to Hit USD 269.5B by 2031; Asia-Pacific Dominates with 40% Share
The Global Steel Wire Rod and Wire Market reached USD 174.5 billion in 2022 and is projected to reach USD 269.5 billion by 2031, growing at a CAGR of 5.6% during the forecast period 2024-2031. The market’s expansion is not only fueled by end-use demand but also by advancements in core production equipment such as the Automatic Drawing Machine System, High-Quality Hydraulic Drawing Machine, Annealed Wire Drawing Equipment, and High-speed cable extruder, which are pivotal to scaling output and elevating product precision. 02-23-2026 11:21 AM CET | Chemicals & Materials | Steel Wire Rod and Wire The global market for Steel Wire Rod and Wire has achieved a significant milestone, reaching a valuation of USD 174.5 billion in 2022. According to projections, this figure is set to rise to USD 269.5 billion by 2031, marking a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period of 2024-2031. This impressive growth is largely attributed to the increasing demand for specialty steel wire products in the electric vehicle (EV) sector. These high-performance materials are essential for the construction of electric motors, charging stations, and battery components—applications that rely on precision-processed wire produced by Annealed Wire Drawing Equipment and High-Quality Hydraulic Drawing Machine to meet strict durability and conductivity standards. As the adoption of EVs continues to accelerate worldwide, the demand for these specialized steel wire products, and the advanced machinery that manufactures them, is expected to follow suit. To access a free sample PDF of this report, please follow this link: https://www.datamintelligence.com/download-sample/steel-wire-rod-and-wire-market?Juli Technological advancements are playing a crucial role in enhancing product quality, manufacturing efficiency, and sustainability, thereby driving competitiveness in the steel wire rod and wire industry. Central to these advancements are integrated production solutions like the Automatic Drawing Machine System, which streamlines wire forming processes, and the High-speed cable extruder, which enables efficient insulation and coating for wire products used in automotive and electrical applications. Steel wire rods and wire are extensively used in the construction sector for various applications, including reinforcing concrete, creating mesh, and fencing. The ongoing global urbanization and infrastructure development continue to fuel strong demand for these materials, prompting manufacturers to upgrade to high-efficiency Hydraulic Drawing Machine and automated drawing systems to meet volume and quality requirements. Recent Industry Developments in the United States: ✅ On February 06, 2023, JFE Steel Corporation announced plans for an additional expansion set to launch in the fiscal year beginning April 2026. This expansion will also increase the electrical steel sheet capacity of its West Japan Works, with startup scheduled for the first half of the fiscal year beginning in April 2024. The expansion, costing approximately 50.0 billion yen, will boost the factory’s current output of the highest-quality non-oriented electrical steel sheets, which are used in the primary engine motors of electric cars. The upgraded production lines will integrate advanced Annealed Wire Drawing Equipment to support the manufacturing of high-performance wire for EV motor components. ✅ On December 20, 2022, metal-producing company Shyam Metalics and Energy saw its shares rise by about 9% to Rs 317. This followed the company’s entry into the stainless-steel industry through the acquisition of Mittal Corp. in an NCLT-led resolution procedure. With this acquisition, Shyam Metalics increased its capacity for stainless steel, wire rods, and bar milling to 1,50,000 tons annually. The company plans to invest Rs 7,500 crore over the next 4-5 years to further diversify its metals operations—including upgrades to Automatic Drawing Machine System and High-speed cable extruder lines—according to a BSE filing. ✅ On March 1, 2023, Bekaert announced a deal to sell a $136 million stake in its Steel Wire Solutions businesses in Chile and Peru to its current partners. This transaction forms part of Bekaert’s strategy to expand into faster-growing areas, particularly those offering higher profit margins and returns on investment, such as innovative transportation, green energy, and low-carbon concrete solutions—segments that demand wire products manufactured with High-Quality Hydraulic Drawing Machine and precision annealing equipment. Key Players in the market include ArcelorMittal, Nippon Steel Corporation, Kobe Steel Ltd., Tata Steel Limited, and Steel Authority of India. These industry leaders are increasingly investing in automated production technologies, including Automatic Drawing Machine System, Annealed Wire Drawing Equipment, and High-speed cable extruder, to maintain a competitive edge in the growing global market. To purchase the full report and unlock 360° market intelligence, please follow this link: https://www.datamintelligence.com/buy-now-page?report=steel-wire-rod-and-wire-market?Juli Market Drivers:The construction and automotive sectors are driving the demand for steel wire rod and wire, thanks to the rising need for durable and high-performance materials in these industries. As infrastructure projects scale and EV adoption surges, manufacturers are prioritizing investments in High-Quality Hydraulic Drawing Machine for heavy-duty wire processing, Annealed Wire Drawing Equipment for enhanced ductility, Automatic Drawing Machine System for operational efficiency, and High-speed cable extruder for electrical wire production—all of which are critical to meeting the market’s evolving demands.
2026 02/24
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Copper Wire Manufacturing Plant Setup & DPR 2026: Project Cost and Demand Analysis
Setting up a copper wire manufacturing plant positions investors in one of the most essential and high growth segments of the global electrical and industrial materials value chain backed by rising demand from power transmission and distribution, renewable energy installations, and advanced production technologies such as the Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System, and SCR Copper Production Line. 02-23-2026 10:55 AM CET | Business, Economy, Finances, Banking & Insurance Investing in a copper wire manufacturing plant situates investors at a pivotal point in the global electrical and industrial materials value chain. This is a sector experiencing significant growth, fueled by increasing demand from power transmission and distribution, renewable energy installations, electric vehicles, electronics manufacturing, and infrastructure development. Modern production lines including the Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System, and SCR Copper Production Line further enhance production efficiency, product quality, and operational competitiveness for new and existing manufacturing facilities. The global copper wire market has seen consistent and robust growth in recent years, underscoring its critical role across a wide range of industries and applications. Market projections from the IMARC Group suggest that this upward trend will continue over the next decade. This growth is expected to be propelled by rapid electrification initiatives, the global shift towards renewable energy, a surge in electric vehicle adoption, substantial infrastructure investments, and the widespread application of high-performance production systems including the Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System, and SCR Copper Production Line. Market Overview and Growth Potential The global copper wire market is on a strong growth path, with a valuation of 22.65 Million Tons in 2025. According to estimates from the IMARC Group, the market is projected to reach 35.10 Million Tons by 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 5.0% from 2026 to 2034. This sustained growth is primarily fueled by increasing demand from power transmission and distribution, renewable energy installations, electric vehicles, electronics manufacturing, and infrastructure development. Canadian mines produced nearly 514,582 tonnes of copper in concentrate in 2024, a 6.2% increase from approximately 484,552 tonnes in 2023, ensuring a steady supply of raw materials. Globally, Chile’s leadership in copper production, with 5.3 million tonnes produced in 2024, bolsters supply stability, directly supporting the copper wire market’s growth across power, construction, and electrification applications. Copper wire, an electrical conductor made from refined copper, is prized for its high electrical and thermal conductivity, ductility, corrosion resistance, and mechanical strength. It is manufactured in various diameters, gauges, and insulation types to meet diverse end-use requirements. High-quality oxygen-free copper rods produced via the Oxygen-Free Copper Rod Line and Upcast Continuous Casting Machine serve as premium raw materials for high-performance copper wire production. These advanced solutions rely on stable and efficient Continuous Casting Wheel System and standardized SCR Copper Production Line to ensure consistent output, low energy consumption, and compliance with international quality standards. Copper wire can be either bare or insulated and is typically categorized into solid, stranded, or braided forms. Due to its low electrical resistance and superior current-carrying capacity, copper wire is a vital component in electrical wiring, electronics, motors, transformers, and communication systems. It plays a crucial role in modern electrification, ensuring efficient power transmission and reliable electrical performance. The copper wire market’s growth is primarily driven by global electrification, the expansion of power transmission and distribution networks, and the rapid increase in renewable energy capacity. The rising adoption of electric vehicles and charging infrastructure has significantly increased copper usage per vehicle compared to traditional automobiles. Infrastructure development, including residential construction and commercial buildings, also contributes to the growing demand for copper wire, further driving investment in automated and high-efficiency production lines such as the Upcast Continuous Casting Machine, Oxygen-Free Copper Rod Line, Continuous Casting Wheel System, and SCR Copper Production Line.
2026 02/24
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Total National Copper Inventories Edged Up MoM, with Destocking Observed in Regions Outside Shanghai [SMM Weekly Data]
Data Review: As of Thursday, January 22, SMM's national mainstream copper inventories increased 2.9% WoW, with total inventory up 203,000 mt YoY. All regions except Shanghai saw destocking. This market dynamic underscores the critical importance of robust domestic manufacturing capacity, particularly in the production of key **Copper and aluminum products**. The entire manufacturing chain depends on advanced **Copper And Aluminum Machinery**, which encompasses everything from primary **Metal smelting equipment** to forming and finishing lines. Specifically, **Continuous Casting Machines** and **Rod Breakdown Mills** form the backbone of primary copper processing, converting molten metal into rod, while **Horizontal Drawing Benches** are essential for precision sizing into wires and cables. The performance of these core pieces of **Copper And Aluminum Machinery** directly influences supply chain efficiency and inventory levels for final **Copper and aluminum products**. Specifically, Shanghai's copper cathode inventory continued its buildup; despite some recovery in consumption, the overall increase in arrivals was more significant. Jiangsu's inventory decreased, primarily due to weather-related logistics disruptions affecting arrivals, coupled with improved consumption. Guangdong's inventory also saw a slight reduction, mainly benefiting from a drop in arrivals and a marginal recovery in consumption. Looking ahead, supply side, improved import arrivals combined with steady domestic supply are expected to stabilize overall supply. Demand side, with copper prices stabilizing, rigid demand is being released, supported by stockpiling for the Chinese New Year, showing signs of marginal improvement. Overall, the market is expected to show a pattern of "supply contraction and consumption improvement" next week, with weekly inventories likely to see destocking.
2026 01/22
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