Fushi Copperweld Inc. (the “Company”) (Nasdaq: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, today announced that it has completed the expansion of its Dalian facility to produce an additional 8,200 metric tons of production capacity per year for its patented Copperweld(R) copper-clad steel (CCS) wire. The expanded production marks the completion of the final stage of a three-phase capacity relocation project from its Fayetteville, TN facility, resulting in a total of 20,200 additional metric tons of annualized copper-clad aluminum (CCA) and CCS capacity coming online to its Dalian facility.
Month: April 2010
Abu Dhabi and Korean joint venture for cable compounds
The market for high-quality compounds for the wire and cable industry has received a boost with a new JV between DYM of Korea and Emirates Conversion Industries LLC (Senaat) of Abu Dhabi.
Tyco International To Pursue Spin-Off of Electrical & Metal Products Business
Tyco International Ltd. (NYSE: TYC) has announced that it plans to pursue a tax-free spin-off of its Electrical & Metal Products business. Tyco expects to file documents with the U.S. Securities & Exchange Commission (SEC) over the next few months and to complete the proposed transaction in the first half of fiscal 2011. Following the transaction, the business would be an independent, publicly traded U.S. company.
nkt cables goes “Down Under”
nkt cables is now setting a serious footprint on the Australian cable market by acquiring the company “Aussa Power Products Ltd” of Brisbane, Queensland, Australia.
Nexans wins 90 million euros turnkey contract for Dubai’s first 400 kV underground cable system
Nexans, the worldwide leader in the cable industry, has been awarded a 90 million euros turnkey contract by DEWA (Dubai Electricity and Water Authority) to construct Dubai’s first Extra High Voltage (EHV) underground cable system operating at 400 kV. The project will play a key role in DEWA’s plans to upgrade its power transmission infrastructure to meet the constantly increasing demand for electrical power created by the rapid expansion of Dubai Emirate.
L&T to realign electrical unit with equipment ARM
Larsen & Toubro Ltd (L&T), India’s largest technology, engineering, construction and manufacturing company, is to soon realign its electrical and electronics business division (EBG) with its wholly-owned subsidiary in power equipment manufacturing, L&T Power.
JDR Cable Systems Receives Queen’s Award for Enterprise
JDR Cable Systems Ltd. has been included in the list of companies to be granted a prestigious Queen’s Award for Enterprise 2010. This special award is in recognition of the company’s success in International Trade for the period from April 2006 to March 2009. The award was recommended by the Prime Minister and approved by Her Majesty the Queen.
LS Cable aggressively breaks into the North American and European market
LS Cable (Chairman & CEO Christopher Koo) will attend renowned expositions, such as the Hannover Messe in Germany, which is held until April 23, and the 2010 IEEE PES Transmission and Distribution Conference and Exposition in New Orleans, in a bid to accelerate its attempt to make inroads into the North American and European market. The Hannover Messe is the world’s largest machinery exposition, which 5,000 companies from over 60 countries around the world participate in and more than 200,000 people visit, and the 2010 IEEE PES Transmission and Distribution Conference and Exposition in New Orleans is the largest power transmission exposition, which more than 520 companies participate and more than 20,000 people attend.
Siemon Adds Door to Fast Terminating Z-MAX™ RJ-45 Network Cabling Connector
Siemon’s line of Z-MAX network cabling outlets are now available with an optional spring-loaded hinged door to minimise ingress of dust and other contaminants. This option is available in category 6A shielded, category 6A UTP and category 6 UTP and the new door-equipped outlets share the same extended transmission performance headroom and straightforward fast termination features found in the original Z-MAX outlet.
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Alcan (Tianjin) Alloy Products unveils Shi De He Jin(TM) as brand name for aluminium alloy cables in China
Alcan Cable, part of Alcan Engineered Products – a business unit of Rio Tinto – is launching Shi De He Jin(TM) as the new Chinese brand name for its aluminium alloy cables at the EPower Tradeshow in Beijing, People’s Republic of China. Originally introduced to the Chinese market in 2008 under the U.S. brand name of STABILOY(R) cables, the Chinese brand name Shi De He Jin(TM) means “high quality and reliable alloyed product” and represents excellence and virtue in the Chinese culture.
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