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 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.

  • August 12th, 2020

    Lynn Electronics Acquires Coast2Coast

    Lynn Electronics, LLC, Ivyland, Pennsylvania, a manufacturer of fiber optic and copper cable assemblies, completed its acquisition of Coast 2 Coast, LLC, Anaheim, California, a cable assembly manufacturer. Mike Boulanger, CEO of Lynn Electronics, said “OurWest Coast customer base has increased significantly during the past two years. With this acquisition, our capabilities on the West Coast will mirror what we… Read More

  • August 7th, 2020

    Encore Wire Names Shaeffer Marketing

    Encore Wire Corp., McKinney, Texas, added Schaeffer Marketing Group as its new manufacturer’s representative for the Eastern Missouri and Southern/Central Illinois territory.   Effective September 1, 2020, Schaeffer Marketing Group will succeed The Kilkenny Group and begin covering the greater St. Louis and Southern and Central Illinois territory. Read More

  • July 27th, 2020

    Kris-Tech Bolsters Sales Force

    Kris-Tech Wire, Rome, New York, hired four new regional sales leaders who will cover the Southwest, Southeast, Mid-Atlantic, and Gulf Coast.Brian Prusinski joins Kris-Tech after being a director of sales at West Penn Wire for nearly 20 years. During his time at West Penn, he managed strategic relations and sales with distributors that included Anixter, Graybar, and CED. Prusinski looks… Read More

  • July 27th, 2020

    Service Wire Sales Realignment

    Service Wire Company, Culloden, West Virginia, has announced territory changes in the heavy commercial and industrial wire and cable markets in a realignment to better serve distributors, contractors, engineers, and manufacturers’ reps.Tony Holderby will now manage Virginia, Ohio, Maryland, Pennsylvania, and all of the Northeast. Holderby has been with the company for over 25 years—with the last 4 years serving… Read More

  • July 20th, 2020

    Nexans To Sell Berk-Tek to Leviton, To Close Chester plant

    Nexans has executed an agreement to sell Berk-Tek to Leviton for US$202 million combining one integrated product and solutions provider to the network cabling industry. Many in the datacomm space are aware that Berk-Tek and Leviton signed a marketing alliance in 2013.  Christopher Guérin, Nexans CEO: “Our Berk-Tek colleagues will join a long-term partner with the best strategic fit to… Read More

  • July 6th, 2020

    Accel International Adds Florida Site to Expansion Plans

    Accel International Holdings, Inc., Meriden, Connecticut, will locate a new 150,000 square foot manufacturing facility in Port St. Lucie, Florida, at the Tradition Center for Commerce, which is expected to generate 125 new jobs by 2021.  The company is scheduled to break ground later this year on a 10 acre site.  According to Anthony Oh, President and CEO, an overall… Read More

  • July 2nd, 2020

    Avient Combines PolyOne with the Clariant Color & Additive Masterbatch Businesses

    PolyOne completed the acquisition of Clariant’s global color and additive masterbatch business.  The combined business will be called Avient Corp., and be comprosed of 3 separate business units: Speciaty Engineered Materials, Avient Distribution and Color, and Additives & Inks where the legacy Clariant Masterbatch business will now reside. Michael Garratt, is President, responsible for Europe, the Middle East & Africa… Read More

  • 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

  • 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

  • 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