Industry News

In this section, WCMA will report announcements and news events that we receive from our Members, as well as from qualified industry sources. Our Industry News content will concentrate 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 Advisor at 860-841-7720 or fentongroup@cox.net to provide the appropriate information.

 

WCMA strongly suggests that our Members also contact the recognized industry trade publications, such as those listed in our Member Resources, Industry Organizations section. Although not communicated on our site, new product announcements and technical articles may be publicized through these other industry resources.

  • December 23rd, 2019

    BJG Electronics Adds Whitmor/Wirenetics, Announces Leadership

    BJG Electronics Group, Inc. (BJG), Ronkonkoma, New York, and affiliates, acquired Whitmor/Wirenetics, Valencia, California, a provider of high-performance wire, cable and tubing to the military, aerospace and satellite industries for more than 50 years. BJG Electronics Group also acquired Connector Tech LLC, a Montana-based value-added distributor of high-reliability electronic interconnect products, earlier this year. Rick Flora, formerly President of BJG… Read More

  • 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

  • November 25th, 2019

    Nexeo and Gendon Sign Distribution Agreement

    Nexeo Plastics signed and agreement with Gendon Polymer Services to distribute Gendon’s specialty polymers and compounds in North America, serving the high-performance specialty wire and cable marketplace.“Our goal is to create market-leading, specific-use compounds that meet the needs of a wide range of customers for the wire and cable market,” said Doug Burwell, president and general manager of Gendon Polymer… Read More

  • November 25th, 2019

    alphagary Name Returns to Wire & Cable

    alphagary, Leominster, Massachusetts, is in the process of transitioning back to its former namesake.  Formerly owned by Rockwood Holdings, AlphaGary was acquired by Mexichem in 2010 at which time the company began operating as Mexichem Specialty Compounds.   According to the company, it will transition back to the company name, "alphagary" over time.  alphagary is a producer of specialty PVC, TPE,… Read More

  • 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

  • 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

  • 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