Industry News
WCMA reports 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 contact editors at recognized industry trade publications and show as collaborators on our home page or by visiting our Association and Media page.
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August 12th, 2024
Folkening New President at Marmon IEI
Marmon IEI Marmon Industrial Energy & Infrastructure (Marmon IEI), a leading manufacturer of industrial wire and cable products, announces the appointment of Aaron Folkening as its new President. He joins Marmon IEI from Marmon Holdings, Inc., a Berkshire Hathaway company and parent company of Marmon IEI. Folkening succeeds Chris Venice, who retired as President of Marmon IEI after 20 years… Read More
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June 27th, 2024
Prysmian Closes Encore Wire Purchase-July 2
Prysmian Group Completed the acquisition of Encore Wire in accordance with the terms of the merger agreement entered by the parties on 14th April 2024 by which Prysmian has acquired all of the outstanding shares of Encore Wire’s common stock for $ 290.00 per share, in cash. Prysmian acquired Encore Wire for an estimated $4.2 Billion representing a multiple of 8.2x… Read More
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May 13th, 2024
Orbia Polymer Solutions (Alphagary) introduces new jacket compounds that provide enhanced flexibility and safety performance for cables installed in data centers
In response to the booming demand for data centers driven by the expansion of artificial intelligence (AI) applications, Orbia Polymer Solutions (Alphagary), a leading provider of innovative compounds and materials, announces the launch of jacketing compounds engineered to optimize safety and performance of data center cables. Data centers are the backbone of today’s technology infrastructure, providing essential services ranging from cloud computing to digital storage.… Read More
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April 11th, 2024
FRL Adds Rosenboom as Sales Manager
Fluoropolymer Resources, Ltd., North Windham, CT has named Josh Rosenboom as its new Sales Manager. Rosenboom was most recently with Avient, where he has spent the past 5 years, most recently as an Area Sales Manager. Rosenboom is based in Dallas, and will have sales responsibility across North America. According to FRL, given the increasing importance of sustainability within fluoropolymer end… Read More
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January 2nd, 2024
Marmon IEI Acquires Trilogy Communications, Inc.
Marmon Industrial Energy & Infrastructure (IEI) announces the strategic acquisition of Trilogy Communications, Inc. This acquisition marks a significant milestone in Marmon IEI's commitment to advancing communications infrastructure deployments across various industries. Trilogy Communications, founded in 1985, is a top choice for wireless communication deployments with its proprietary AirCell® cable manufacturing process and cutting-edge technology. The company's products cater to the diverse needs of DAS… Read More
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October 26th, 2023
Farese Inducted Into Women in Manufacturing Hall of Fame
Nancy Richards Farese, member of Southwire’s Board of Directors and daughter of the company’s founder, Roy Richards Sr., was recognized as one of the Women in Manufacturing Hall of Fame inductees for 2023. “It was such an honor to accept this award,” said Richards Farese. “Southwire continues to make big strides in diversity, equity and inclusion (DEI) and sustainability, and… Read More
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October 26th, 2023
AZ Wire & Cable’s acquires Maney Wire & Cable
NORTHBROOK, Ill. — AZ Wire & Cable’s acquisition of Maney Wire & Cable, located in Ontario, California, is official as of Monday, October 2, 2023. This additional location marks AZ Wire & Cable’s ninth distribution center and the company’s second new facility this year. Earlier this year, AZ opened its eighth distribution center located in Orlando, Florida. Founded in 1986, Maney Wire &… Read More
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August 15th, 2023
IMC - Metals America Planning Major Expansions With Entry Into the ETP Copper Rod Market and Additional Rod Production
Prime Materials Recovery, Inc. announces the contracting of an SCR 4500 copper rod system from the Southwire Company for installation at its subsidiary, IMC - Metals America, LLC in Shelby, N.C. This new line will be installed in a purpose-built plant at the existing site and will mark PMR/IMC's entry into the ETP copper rod market. In a separate initiative, IMC… Read More
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July 7th, 2023
ServiceWire Promotes Shane Berry
ServiceWire recently announced the promotion of Shane Berry to the position of Vice President - Manufacturing and Distribution. From the release, "his promotion will enable us to better serve our customers in all three company locations." Read More
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January 6th, 2023
Aurora Plastics Announces New COO
Aurora Plastics is proud to announce the appointment of Tim Huskey as chief operations officer. Huskey will report directly to Darrell Hughes, Aurora Plastics’ chief executive officer. In this role, Tim will run the “operations playbook” of the company, driving Operations Excellence across the company to further enhance our value proposition to our customers and contribute to strategic decisions as the company scales and… Read More