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.

  • 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

  • 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

  • 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

  • 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

  • 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

  • July 30th, 2019

    Omni Cable Business as Usual with New Owner Dot Holdings

    Omni Cable Corporation (OmniCable), West Chester, Pa., signed an agreement to be acquired by a subsidiary of Dot Holdings Co (DHC), which is owned by Dot Family Holdings (DFH).DFH is focused exclusively on acquiring leading middle-market distribution companies with a special interest in master/two-step distribution and any national distribution models.  The company is predominantly known for food distribution.Jeff Siegfried, OmniCable… Read More