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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June 24th, 2020
Cerrowire Adds Sales Reps
Cerro Wire, Hartselle, Alabama, named Kevin Watkins as director of sales for the Eastern U.S, reporting to Vice President of Sales, Toby Robin. Prior to joining Cerro, Watkins worked as the northeast regional manager for Kris-Tech, with a primary focus on the electrical distribution sales channel.Chris Marlow also joined Cerrowire as the director of strategic accounts for the company’s electrical… Read More
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June 23rd, 2020
#2 Distributor WESCO/Anixter Closes, And Other Rankings
WESCO International, Inc. completed its merger with Anixter International Inc., making Anixter a wholly-owned subsidiary of WESCO, and creating what is estimated by the companies to be a $17 billion per year combined enterprise behind only Sonepar North America as #1.Complete details of the deal are easily found on line on either company website. WCMA observes that the companies expected… Read More
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June 19th, 2020
Freeport Ongoing Rod Supply
On June 17, we announced the closure of our Norwich rod mill to gain efficiencies with our two other rod mill operations. Freeport-McMoRan remains committed to serving the North American wire and cable industry and will continue to honor our commitments by delivering high-quality rod and exceptional customer care to our valued customers through our long-standing operations in El Paso,… Read More
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June 12th, 2020
Copperweld Acquires Seminole Wire & Cable
Copperweld Group, Inc., a part of Kinderhook Industries, LLC, acquired Seminole Wire & Cable Co., Inc., Pennsauken, NJ, a producer and supplier of specialty wire and cable and value added fimished products.Founded in 1962, Seminole manufactures blasting & connecting wire for mining, buried wire for pet containment and AV wire for broadcasting. Seminole also supports clients with research and development,… Read More
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June 12th, 2020
Fisk and Thermo Technologies Not to Combine
Fisk Alloy Wire, Hawthorne, New Jersey, and Thermo Technologies, Annecy, France, announced that they will not proceed with the previously announced acquisition of Fisk by Thermo Technologies in February this year.Fisk and Thermo Technologies have mutually and amicably come to the conclusion that now is not a good time to combine the companies with the impact of Covid-19 on countries,… Read More
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June 5th, 2020
Belden's Vestjens Succeeds Stroup
Belden Inc., St. Louis, Missouri, named Roel Vestjens as President and CEO. Previously, Executive Vice President and Chief Operating Officer, Vestjens succeeds John Stroup who has been name Executive Chairman of Belden's Board of Directors after holding the top positions.Vestjens joined Belden in 2006 as Director of Marketing for the EMEA region. Since then he held roles of increasing responsibility… Read More
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June 2nd, 2020
WESCO Anixter Leadership Team Announced
WESCO International, Inc. and Anixter International Inc. announced the future leadership team and organizational structure that will become effective upon the completion of the merger of the two companies. The transaction is expected to close in the second or third quarter of 2020.John Engel, WESCO's Chairman, President, and Chief Executive Officer said the senior leadership team will head up three… Read More
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May 5th, 2020
Wire Experts-Additonal Management Changes
Wire Experts Group, the recently aligned parent company of Pelican Wire and Rubadue Wire, announced further management changes.Brinson White, previously Director of Engineering at Pelican Wire, will now lead the Engineering & Maintenance teams at both Pelican Wire and Rubadue Wire under the title as WEG Director of Engineering.Mike Skorupa, Quality Manager at Rubadue Wire, has been named Director of… Read More
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April 27th, 2020
Cable Distributor EIS Names Pennycook CEO
EIS, LLC, most recently Executive Vice President at Belden, named Glenn Pennycook as the company’s Chief Executive Officer. Pennycook Glenn brings with him many years of experience in the electronics, and cabling infrastructure market along with a strong track record in driving process, service and supply chain improvements. Most recently, he held the position of Executive Vice President of Belden… Read More
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April 27th, 2020
FRL Exclusive Distributor for Everflon Fluoros
Fluoropolymer Resources LLC, leading recycler of melt fluoropolymers, is now the exclusive distribution partner of Everflon Polymer Co.’s virgin ETFE and FEP products in the Americas and Europe. Everflon Polymer Co., Ltd, part of the C&F Group, is a manufacturer of high performance fluoropolymer products in China recognized for technology development and consistent quality of fluoropolymers available in a wide… Read More