Industry News
WCMA report announcements and news events received and confirmed by our Members, as well as other qualified industry sources. Content will focus on key commercial events, such as confirmed merger and acquisition activity, new start-ups and firms, and Executive changes and appointments. Contact Ed Fenton, WCMA Executive Director at 860-841-7720 or ed@wcmainc.org with announcements.
WCMA strongly suggests that our Members also contacting editors at recognized industry trade publications show as collaborators on our home page or by visiting our Association and Media page.
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December 23rd, 2019
IWG Acquires Owl Wire & Cable
International Wire Group (IWG) acquired Owl Wire and Cable from Marmon Holdings, Inc. Owl is a producer of high volume, heavy bare and tinned wire with operations in Canastota, Rome and Boonville, New York. Founded in 1954, Owl had been run by the Kemper family until it was acquired by Marmon. IWG is the largest bare copper wire and copper… Read More
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December 15th, 2019
2020 Distinguished Career Award Recipients Named
The Wire & Cable Manufacturers’ Alliance, Inc. (WCMA) is pleased to announce the recipients of our 2020 Distinguished Career Award. The 36th annual Awards Dinner and Investiture Ceremony will take place on April 18th, 2020, in Hartford, Connecticut, at the Hartford Convention Center. The recipients are:Eric Lawrence, Vice President Strategy and Growth Technology, BerkTek NexansBob Leger, General Manager, James Monroe… Read More
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December 15th, 2019
2020 Officers and Board, Weisberg and Walker Join
Wire & Cable Manufacturers’ Alliance, Inc. (WCMA) approved its slate of Officers and Board members for 2020 at its Annual Meeting held on December 5th, 2019, at the Bond Ballroom, Hartford, Connecticut. According to Officer succession rules, Scott Harden, Nedrah Tech, becomes President succeeding Michael Weiss, former Vice President, Whitmor Wirenetics as President of WCMA, and Weiss becomes Past President. … Read More
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November 4th, 2019
Sequel Wire & Cable Ramping Up for 2020
Sequel Wire and Cable, continues start-up operations in Argos, Indiana, through the first quarter of 2020 with full production anticipated by the end of Q2 2020.According to Rich Carr, CEO, Sequel's cable manufacturing focus will be on the OEM sector. The company will start out by making a wide variety of UL, CSA, and customer specific “skinny” wires that can… Read More
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October 11th, 2019
TPC Wire & Cable Acquires Cicoil and Pittsburgh Wire
TPC Wire & Cable Corp., Macedonia, Ohio, now a part of Audax Private Equity acquired two companies: Cicoil LLC in Valencia, Calif., and Pittsburgh Wire and Cable Inc. in Pittsburgh, Pa.Cicoil is a maker of flat cable and flat and round cable assemblies for industries including semiconductor and medical, the release stated. This acquisition expands TPC's market reach and diversifies… Read More
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October 11th, 2019
Audax Acquires EIS and Genuine Cable Products
Audax Private Equity completed its acquisition of EIS, Inc., which includes Genuine Cable Group. Founded in 1950 and headquartered in Atlanta, GA, EIS, Inc. is a leading distributor, fabricator, and converter of electrical process materials, wire, cable and assemblies serving end-user segments in electrical power and related markets. Note - EIS, Inc. is a completely separate company from EIS Wire… Read More
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September 26th, 2019
Times Microwave - Thompson joins Operations team
Times Microwave named Luke Thompson Production Manager for the company's Extrusion Department reporting to Vincent Panuccio, Director of Cable Operations. Thompson has over 35 years in the wire and cable industry most recently with RSCC Wire & Cable. He will handle improving Extrusion Scheduling, Quality, and Performance. Read More
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September 19th, 2019
Service Wire - Oldaker Promoted, Stanford Joins
Louis Weisberg, President and CEO of Service Wire Co., Culloden, West Virginia, announced that Charles (Chuck) Oldaker, Jr. has been elevated to the position of Executive Vice President, and Steven Stanford joins as National Sales Manager. Oldaker also maintains his position as CFO along with assuming additional corporate responsibilities. In 2002, he joined Service Wire Company as Controller. Initially, he… Read More
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September 16th, 2019
Underwriters Labs - UL - Leadership Changes
Keith Williams President and CEO of UL and Underwriters Laboratories will retire later this year after leading both the Underwriters Labs non-profit organization and UL LLC for profit company. Starting September 30, 2019, Jennifer Scanlon will succeed Williams as President and CEO of UL, LLC, in transition. Effective January 1, 2020, Terry Brady, will continue his role as President and… Read More
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September 16th, 2019
Encore Wire - Eckert succeeds Bilban
Daniel L. Jones, Chairman, President and Chief Executive Officer of Encore Wire Corporation, said that Frank J. Bilban, will retire in May of 2020. His successor is Bret J. Eckert, who was hired following an intensive search process. Bilban, who has served the Company for 20 years will remain Vice President-Finance and Chief Financial Officer, through December 31, 2019 while… Read More