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.

  • 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 from Genuine Parts

    Audax Private Equity completed its acquisition of EIS, Inc., from Genuine Products.  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. EIS is a leading North American distributor of process materials, production supplies, specialty wire… Read More

  • September 26th, 2019

    WCISA Awards $12,550 in Scholarships in 2019

    The Board of Wire and Cable Industry Suppliers Association (WCISA) based on a large number of scholarship applications and requests this year decided to award multiple annual scholarships in 2019, including two special scholarships for a programs organized by the Internatonal Wire and Cable Symposium.  The 2019 winners are listed below along with the WCISA Member Company that they are… 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

  • September 16th, 2019

    One Pull Acquires Quik-Pull - Cable Bundles

    One-Pull Wire and Cable Solutions acquired bundled cable manufacturer Quik-Pull from its parent company, Memphis-based Power & Telephone Supply.With this acquisition, One-Pull has greatly increased their manufacturing capabilities, expanded its product offerings which now include spiral configurations, insulated multi-conductor wire bundles, and custom UL-rated tray cable, while executing on short lead times.Founded in 1979, Quik-Pull is the original bundled cable… 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