Vandor Corporation announces the planned retirement this month of its president, Gerald Davis, who will continue on the board and as a consultant. A one-time professional musician who majored in alto saxophone at Ball State University and Fort Wayne Bible College, he started his career in the funeral industry in 1977 at Spartan Casket Shell in Lynn, Indiana, and quickly moved to Plant Superintendent, before taking a position with America’s oldest casket company JM Hutton in Richmond, Indiana. In 1989, the Elder family (owner group of Vandor) and Gerald co-founded Elder Davis, Inc., once the largest cloth covered burial and cremation casket manufacturer in North America. With the successful collaboration, after Elder Davis was sold, he transitioned to president of Vandor in 2000. While leading the Vandor R&D team, he developed over 50 utility patents, and created the Reel Options brand. Based in Richmond, Indiana, Reel Options manufactures light and medium duty reels for the wire and cable industry
Prysmian Group, announced plans to expand its U.S. manufacturing facility in Pettis County, Missouri, which has seen substantial capital investment.
A press release said that the Prysmian Group plans a two-phase expansion of the facility, which manufactures aluminum building wire products for the commercial and institutional construction markets. Phase one, which was just completed, was a $3.5 million investment for new equipment purchases, existing building renovations and additional jobs. That includes a new machine that increases the plant’s capacity for producing aluminum building wire, which is in high demand. The addition includes an expansion of distribution operations in Sedalia and the addition of more jobs to fully exploit this exciting business opportunity.
“The Sedalia plant is an important area of our business serving a growing market,” said Prysmian Group North America COO Giacomo Sofia. “The investment in the expansion is an important step in continuing to support our customers. Phase one will not only increase opportunities in Sedalia, but it also reduces our operating costs and allows us to be more efficient and cost competitive. The plant has a deep history in the area, and we are thrilled that we continue to grow our footprint.”
LS Cable & System (LSC&S) announced that the company has completed building its first plant in Africa, located in an industrial city in Egypt.
A press release said that LSC&S established a joint venture with a local cable installation company, MAN, Tenth of Ramadan City, near Cairo, in January 2020. The company wants to expand its market presence to East African and Middle Eastern countries, which have a Free Trade Agreement (FTA) with Egypt.
“Export barriers are rising due to the forming of regional economic blocks around the world,” said Myung Roe-Hyun, President & CEO of LS Cable & System. “We will reinforce our competitiveness by directly investing in key hub countries.” With the Egyptian subsidiary, LSC&S now has 11 overseas production subsidiaries, including those in the U.S., China, Vietnam and Poland.
The release noted that the Egyptian cable market is annually growing by more than 5% due to facts such as population growth and the need to replace and upgrade old power grids. “There is a high demand for power cables in Africa, including Egypt, but export barriers are high due to the high tariffs (about 20%) and logistics costs,” said a LSC&S official. “We are planning to secure price competitiveness through local production and use the customer networks of our partners to get the business on the right track as soon as possible.”
Southwire announced that it would soon begin construction of a 100,000-sq-ft copper-rod manufacturing plant in Carrollton, Georgia, an initiative that supports its long-term modernization strategy and building on its goal to remain generationally sustainable for the next 100 years and beyond.
A press release said that construction of the new plant is expected to begin in the first quarter, and that production should begin in the new facility by the end of 2022. When the construction project is completed, the current system will be decommissioned. Of note, the new plant will feature an SCR-9000S Copper Rod System that will have the capability to produce more copper rod (60 mt/hr) than any other SCR system in the world.
“Southwire is investing in a multimillion-dollar modernization initiative that will allow us to best serve our customers, increase our efficiency and introduce newer and better equipment, systems and technology,” said Southwire’s President and CEO Rich Stinson. “In doing so, we’re reaffirming our commitment to providing a work environment that supports the well-being of our employees, our communities and the environment – for today and for the future. Installing a new SCR system is an important part of this effort, as copper rod is the start of the manufacturing process for many of the products that make Southwire an industry leader.”
Southwire started operation of its current copper rod system in Carrollton in 1980, and four decades later, copper continues to be the primary source of metal for the company’s wire and cable operations. The new facility will be located on the same property as the existing manufacturing plant and will utilize the company’s patented Southwire Continuous Rod (SCR®) technology, which transformed the wire and cable industry in the early 1960s and is still the preferred system around the world.
“To put the technology itself into perspective, fifty percent of all copper rod made in the world passes through one of our SCR systems at some point in its lifetime. That’s significant,” said Charlie Murrah, executive vice president of metals. “Our copper rod manufacturing plant in Carrollton is more than 40 years old, and it is the right time to upgrade to a new, state-of-the-art SCR system for continuity and efficiency of our processes. Having a new SCR system in place for Southwire’s copper rod production will help keep us strong and sustainable for decades to come.”
The company also plans to continue pursuing its commitment to Growing Green as it plans for the replacement system. In support of Southwire’s Carbon Zero initiative to achieve 100% carbon free energy for its operations by 2025, Southwire is partnering with Carroll EMC to use all renewable electricity for the facility.
“We’re excited about the future of our Carrollton copper rod manufacturing facility, and we are proud to partner with Carroll EMC as we pursue our Carbon Zero initiative,” said Stinson. “Through this effort, we are not only supporting our modernization strategy and strategic efforts, but also strengthening our commitment toward remaining generationally sustainable.”
Turkey’s Cokyasar Holding reports that it has started to manufacture steel wire at its new operation, Cokyasar Wire Industries (CWI) in Albania.
A press release from the company said that the plant can annually produce 45,000 metric tons of steel products. CWI will manufacture zinc-aluminum coated steel wire and standard galvanized steel wire from 1 mm to 5.50 mm to international standards. It has some 60 employees, and as the facility was designed to be expandable, that number could increase.
CWI will supply sectors such as energy, automotive, construction, agriculture, gabion manufacturers and security. Cokyasar Holding’s experience will enable CWI Albania to develop its quality and production capacity.
Cokyasar Holding was founded by Ahmet Cokyasar in 1973. Despite the pandemic in 2020, it manufactured 180,000 metric tons of steel wire products at its three modern plants, and had revenues of US$150 million. Cokyasar Holding is one of the top 500 exporters in Turkey, with 70% of its production sent to more than 80 countries. The company has also been recognized as one of the larger employers, having more than a thousand staffers.
“We are going on our investments despite the global pandemic problem,” said Erman Korkusuz, CEO of Cokyasar Holding. He described CWI as “an investment needed for European and Balkan countries.” He said he was proud that his Turkish company could meet the obvious needs. The interest from customers so far has verified that it was a good decision to invest in Albania. “We will accelerate our other abroad investments with the success of CWI. I want to thank my team who contributed ... (to our new investment) in Albania.”