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Lesjӧfors Group opens new plant in Poland, has also made investment in Pune, India

The Lesjӧfors Group has increased its spring and pressing operations in Eastern Europe with the opening of a new manufacturing facility in Poland alongside an existing plant that is part of Alcomex, its subsidiary.

A press release said that the new production site in Marki, Poland, divides the custom-made tension and torsion spring manufacturing specialisms across two dedicated sites and enables the production and assembly of increased spring volumes, in line with customer demand. “Acquisitions are a core part of the Lesjӧfors growth strategy,” said Lesjӧfors Group CEO Ola Tengroth. He noted that the company has more than 50 production and technical sales offices in Europe, America and Asia, and is “actively looking to acquire more spring manufacturers.”

At the Alcomex website, the Holland-based company notes that it has more than 300 spring employees in nine locations: Opmeer (Netherlands), Moravany u Brna (Czech Republic), Goch (Germany), Marki (Poland), Nędza (Poland), Paris (France), Pune (India), Sibiu (Romania) and Valencia (Spain). It manufactures door springs and industrial springs through its operating brands Alcomex, HZ Solutions and VIOD. Founded in 1992, the company was bought by Lesjӧfors in 2021. 

The Lesjӧfors press release said that investments have also been made at Alcomex’s standard stock door spring operation in Pune, India. That includes advances in cutting-edge technology, production lines, storage and shipping facilities.

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LS Cable & System reports plan to build the largest submarine factory in the U.S.

South Korea’s LS Cable & System announced that an investment of approximately 1 trillion won (about $721.34 million) will be made for its subsidiary—LS Greenlink USA—to build the largest U.S. submarine cable factory.

Per an article in BusinessKorea, the factory will be built on a 396,700-sq-m site along the Elizabeth River in Chesapeake, Virginia. It will have a total floor area of 70,000 sq. m. Construction is set to begin in 2025 and is expected to be completed by 2027. The facility will also feature a 200-m-tall power cable production tower, which it noted would be the tallest of its kind in the world. It will have more than 300 employees.

LS Cable & System will receive about $48 million (some 66.5 billion won) in subsidies and tax benefits from the state government. Including $99 million (some 137.2 billion won) from the Department of Energy (DOE) under the Inflation Reduction Act (IRA), the company has secured a total of $147 million (about 202.7 billion won) in support. “This marks the largest support package for any global cable company operating in the U.S.”

The story cited other company activity, including construction of large cable installation vessels by LS Marine Solutions and the expansion of LS Eco Energy’s submarine projects in Europe. In related news, LS Cable & System also recently announced it is building a new manufacturing plant in Queretaro, Mexico, that will produce large capacity busway systems for both the U.S. and international markets. It will be located on a large site in an industrial complex. Construction is expected to be completed in the first half of 2025.

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Nokia agrees to sell Alcatel Submarine Networks (ASN) to a French state entity

Nokia announced that it has entered into a put option to sell Alcatel Submarine Networks (ASN)—a leading submarine networks business that it acquired via its prior acquisition of Alcatel-Lucent—to the French State, represented by the Agence des participations de l’Etat (APE).

Per a press release, the company’s website and multiple media reports, ASN is being divested by Nokia as the Finnish business considers it a non-core business. The transaction could happen as soon as the end of this year, subject to customary required approvals.

Based in Nozay, Ile-de-France, France, ASN is one of the world’s largest manufacturers of submarine cable. Its cable manufacturing plant is located in Calais, France. The company notes that it has an installed base of more than 800,000 km of optical submarine systems deployed worldwide.

“This is an incredibly exciting moment for ASN as we undertake the next phase of our development,” said ASN President and CEO Alain Biston. “The French State’s ownership gives us a stable platform to further develop our vertically integrated technology offering. This, combined with Nokia’s retained stake, underscores all parties’ aligned interests in delivering a smooth transition for the benefit of our customers, suppliers and other stakeholders.”

The deal calls for Nokia to retain 20% ownership in the company that would be maintained until a “targeted exit” to make sure that there is a smooth transition. The selling price was tagged at €350 million, although one report said that once company debt was factored in, the net would be about €100 million.

“The proposed sale of ASN to the French State is the result of extensive discussions which concluded that the French State is the most relevant custodian of ASN,” Nokia said in a statement. “The French State, as a stable owner with a long-term interest in the operation and maintenance of critical infrastructure, ensures continuity for ASN customers, employees and partners.”

ASN’s history traces back to the creation of the Submarine Telegraph Company (STC) in 1858. Alcatel Cable acquired STC in 1993, and in 1994 it regrouped submarine activities to Alcatel Submarine Networks, owning 51%. In 2015, ASN became part of Nokia.

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Last modified on August 2, 2024

Madem Reels cites stunning ’green’ results due to inherent value of its forest properties

The Madem Reels Group reports that it has not only directly captured more carbon from the atmosphere than its emissions, it has done so to a level that far exceeds what most companies report for mitigating climate change.

A press release said that per the findings of Brazil’s Ecofinance Negocios, which considers biogenic and fossil emissions for Scope 3 assessments, the Group captured more gases in 2022 than it emitted through the natural carbon capture provided by its cultivated forests. Further, the accumulated inventory from the company’s native and cultivated forests accounts for more than 195 times the fossil emissions.

The parent company of Madem Reels is one of the 15 largest forestry groups in Brazil, overseeing some 10,000 hectares (24,710 acres) of forestry properties. Its planted forests provide the wood used by the company’s production plant in Brazil. That sum accounts for more than half the woods used by the business, which also has plants in Spain, Bahrain, U.S., Mexico and Colombia.

“We are proud of our companies and teams worldwide, who are successfully performing their environmental mission,” said Global Sales and Marketing Director, Leandro Mazzoccato. “We are evenly fulfilled to share our long-term commitment with all 200 wire and cable customers over 45 countries.

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Last modified on July 5, 2024

Taihan holds official opening of new cable plant; reports 3 large U.S. cable projects

 Taihan Cable & Solution (Taihan) announced the recent completion of the first step of its submarine cable plant 1 in the Godae district of the Asan National Industrial Complex in Dangjin-si, Chungcheongnam-do in South Korea.

A press release said that many notable executives from both Taihan and the Hoban Group—which bought the business previously known as Taihan Electric Wire in March—took part in the event. It featured a tour of the submarine cable production line, a ceremony to mark the commencement of operations at the plant, and several commemorative speeches.

The submarine cable plant 1 of Taihan, occupying around 44,800 sq m behind Godae Pier at Pyeongtaek’s Dangjin Port, is being built in two phases. The first step, which focuses on producing inter array cables, was finalized and approved this May. After a series of tests and prototype productions, the plant is scheduled to begin full-scale operations starting with the production of inter-array cables for the Yeonggwang Nakwol offshore wind power project. Last December Taihan secured a significant contract to supply inter array cables for the Yeonggwang-gun project.

Taihan Vice Chairman Song Jong-min said that the company “will expedite the construction of the second step of the submarine cable plant 1 and submarine cable plant 2.”

The second step of the submarine cable plant 1, for making export cables, is under construction with plans for completion by the first half of 2025. The second submarine cable plant will feature vertical continuous vulcanization (VCV) facilities for producing export cables and HVDC cables and is currently undergoing the final stages of review for site selection.

In other news, Taihan announced that it has won three significant power grid projects in the U.S. worth approximately $93.5 million.

A press release said that the orders represent “a substantial milestone” for the company, which specializes in manufacturing and supplying cables and solutions for power grids and other infrastructure projects. One of the projects calls for ultra-high voltage cable while the other two are for medium-to-low voltage cable.

The ultra-high voltage project, valued at around $32.4 million, is located in the eastern U.S., and involves constructing a 345 kV power grid for a new semiconductor plant in New York State. The other two projects are in the Los Angeles area of western California. One of those is a long-term project to supply medium-to-low voltage cables over three years. With this latest achievement, TC&S has secured over $237 million orders. The U.S. government’s initiatives and investments in upgrading and expanding the power grid further underscore the strategic importance of (our) projects.

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Last modified on July 5, 2024

LS Cable will supply cables for world’s 1st artificial energy island off coast of Belgium

South Korea’s LS Cable & System (LS C&S) will supply submarine cables worth approximately $207 million for the world’s first artificial energy island.

A press release said that the landmark project, Princess Elisabeth Island, is being constructed by Belgian power company ELIA in the North Sea, about 45 km off the coast of Belgium. “It is set to revolutionize the way renewable energy is managed and distributed.”

The submarine cables will play a crucial role in the island’s function, which is to store, distribute, and manage electricity generated from a 3.5 GW offshore wind farm. Once completed in 2030, Princess Elisabeth Island will serve as a hub for regulating energy supply between the mainland, the U.K. and Denmark. The island will be equipped with power conversion stations, energy storage systems, and grid connection facilities, ensuring a stable and efficient transmission of electricity between the artificial island and the mainland.

“We will be the first cable manufacturer to gain experience in constructing submarine cables for an artificial energy island,” the release said. “This will enhance our competitiveness in securing large-scale artificial island projects that Denmark and other countries are planning.”

Artificial energy islands are innovative solutions designed to manage and optimize the distribution of renewable energy generated from offshore sources. The global shift towards renewable energy is a critical context for this event, as countries around the world invest in renewable energy infrastructure to combat climate change and reduce greenhouse gas emissions. Projects like Princess Elisabeth Island are part of this broader effort.

The geopolitical aspect of energy distribution is also significant. The artificial island will connect energy grids between Belgium, the U.K., and Denmark, highlighting the collaborative efforts in Europe to create a more integrated and resilient energy network. This project not only marks a significant milestone for LS Cable & System, a South Korean company specializing in cable manufacturing, but also showcases their capabilities in producing and installing submarine cables for complex, large-scale projects.

As the project progresses, LS Cable & System’s involvement in Princess Elisabeth Island will likely pave the way for future opportunities in the renewable energy sector, enhancing their position in the global market and contributing to the ongoing transition towards sustainable energy solutions.

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Last modified on July 5, 2024

Prysmian to expand plant in Finland

Prysmian is expanding its facilities at its production site for submarine cables in Kirkkonummi, Finland.

A press release said that YIT, a Finnish construction and development company, will expand four hall buildings and build a new material warehouse in the area, covering an area of 26,000 sq m. The project, estimated to cost approximately €35 million, is scheduled for completion in June 2026.

YIT was previously used for the implementation phase partner for the cable tower project last summer. The tower, which reached its ridge height of 185 meters at the end of last year, is set to be completed in the summer of 2025. “We are pleased to continue our cooperation with YIT in the expansion of Prysmian’s submarine cable center of excellence and factory production capacity in Pikkala,” said Ferdinando Quartuccio, country CEO of Prysmian Group Finland. “The contract now signed is a natural continuation of the ongoing cable tower construction project, which has progressed according to plan and on schedule.”

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Last modified on July 5, 2024

SAMP Group acquisition of Cortinovis do Brasil firms its presence in Latin America

Italy’s SAMP Group reports that it has finalized its acquisition of Cortinovis do Brasil, an addition that will strengthen its global footprint in Latin American growth markets.

A press release said that the deal strengthens its global presence in the strategic growth markets of Latin America and Brazil in particular. “SAMP thereby also broadens its product portfolio to strengthen its position as the only cable equipment supplier to offer an integrated suite of machines for every step of the cable manufacturing process.”

The company notes that the acquisition comes on top of strong 35% per annum year-on-year organic revenue growth since 2021. This represents another key step in the on-going transformation of the company. The product lines of Cortinovis do Brasil—a well-known and trusted player in the Brazilian and Latin American market for five decades—augments SAMP’s portfolio of integrated machines to produce cables end-to-end.

SAMP Group CEO Jouni Heinonen said that the company is pleased “to welcome Cortinovis do Brasil back into the SAMP family. ... The firm’s stabile reputation in the region will help us to expand our presence in the important growth markets of Latin America.”

The representative office of Cortinovis do Brasil in São Bernardo Do Campo will continue activity in the same location with consistent leadership that regional clients have relied on for many years.

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Last modified on July 5, 2024

Vietnam plans fiber optic expansion with 10 more cables

Vietnam should triple the number of international fiber optic cables it has from five to 15 by the year 2030.

A report at the website of Vietnam’s Ministry of Information and Communications (MIC) spells out ambitious plans for the future of the country’s optical fiber access. “The projected number of cables clearly defines the importance of Vietnam’s international fiber optic cable system as part of the digital infrastructure and something which must be prioritized in terms of investment, ensuring the country’s connection internationally,” the report said. It added that there must be enough capacity so some Vietnamese cities can become regional data centers.

The goal is to develop the international fiber optic cable system to build the international connectivity bridge for digital economic promotion, digital society, defense and security. State-owned enterprises have led the international foundation to date. By 2035, the goal is for the infrastructure to be equal to that of the leading groups in the region in terms of quantity, capacity and quality, becoming a super large cloud computing service provider, making Vietnam an important link in regional and international digital infrastructure and data transmission. It should have at least two more international land fiber optic cable lines by 2030. That capacity on land would represent at least 15% of the actual capacity of the marine system.

By 2027, Vietnam will open four new undersea fiber optic cable lines for public use, bringing the total capacity to at least 134 Tbps. At least one of those routes would be owned by the country of Vietnam. The country will maintain at least Singapore, Hong Kong (China) and Japan as the main digital hub connections, while periodically reviewing and evaluating digital hubs to add appropriate connection points.

For the period 2028-30, at least six new undersea fiber optic cable routes, including one route owned by Vietnam, will be put into use, increasing the total design capacity of marine fiber optic cables in Vietnam to a minimum of 350 Tbps. In addition to two land cable lines connecting to Hong Kong (China) and Singapore with a total capacity of 5 Tbps, Vietnam now has five international undersea fiber optic cable lines with total available capacity of 34 Tbps.

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Last modified on July 5, 2024

Bekaert reports plans to expand wire-stranding capacity at its Van Buren plant

Bekaert Corporation announced that it will expand production of wire stranding at its Van Buren manufacturing facility in Alabama.

Per the company and multiple wire stories, Bekaert is purchasing new manufacturing equipment for products used in the electrical grid and telecommunications industries. Bekaert Plant Manager Randy McClaren Jr., was cited as saying that the expansion is not to increase the footprint of the plant but its capacity to make steel cores used for electrical transmission lines.

The Van Buren plant, which began production for Bekaert in 1970, had its wire stranding capacity increased in 2021. There is room to expand the size of the plant, which also makes barbed wire and other products that are not part of the expansion. The new project should result in another 38 employees. Bekaert also has a manufacturing operation in Rogers, Arkansas.

In other news, Bekaert announces the acquisition of BEXCO, a manufacturer of synthetic ropes that can be used for offshore energy production, both conventional and renewable. Bekaert notes that it has significant experience in this field via its Bridon-Bekaert Ropes Group business unit. The €40 million acquisition “is part of Bekaert’s growth strategy and strengthens its current offering in synthetic offshore lifting and mooring solutions.”

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Last modified on July 5, 2024

Southwire plans to expand its Cofer Technology Center for R&D initiatives

Southwire announced that it will expand the company’s Cofer Technology Center in Carrollton, Georgia

A press release said the expansion will add approximately 50,000 sq ft to Southwire’s footprint and include a manufacturing line for production of R&D wire samples. The facility will have a focus on engineering with sustainable components, such as creating cable with recyclable plastic insulation materials.

“I am thrilled to share this announcement of Southwire’s investment in the R&D space,” said Southwire COO Norman Adkins, who described it as promising time for both the industry and Southwire. “The facility represents our progress as a company as we drive forward into the next chapter of electrical innovation.” 

The new facility has been engineered with the qualifications for Leadership in Energy and Environmental Design (LEED) Certification in mind. LEED, which is awarded by the U.S. Green Building Council (USGBC), is a widely respected recognition of sustainable design and energy conservation in buildings.

“Our industry is experiencing unprecedented growth, driven by a global focus on sustainability, renewables, electric vehicles and grid transformation, just to name a few,” said Axel Schlumberger, senior vice president of research and development. “The expansion of our R&D facilities will enable that growth in strategic growth market verticals and accelerate innovation and the development of new solutions for our core and emerging markets.” 

The expansion should be completed by the end of 2024, with the facility fully functional by the end of 2025.

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Last modified on July 5, 2024

Belden opens fiber optic tech center

Belden, a leading global supplier of network infrastructure and digitization solutions, has opened a new state-of-the-art Fiber Technology Center in Tucson, Arizona.

A press release said that the 300,000-sq-ft facility will serve as a multifunctional hub where Belden’s fiber experts lead optical fiber cable and connectivity innovation, research and development. It will also support warehousing, distribution, administration and manufacturing as the company continues to grow its optical fiber capabilities. The site furthers the company’s continued leadership in and commitment to optical fiber, as digital transformation accelerates demand for the bandwidth fiber offers.

The Fiber Technology Center will amplify the work being done in the company’s existing fiber facilities and test labs around the world, including eight manufacturing plants and two research and development sites. It is located close to not only airports, freight terminals and logistics hubs but also to the University of Arizona and the area’s talented tech workforce, the Fiber Technology Center is positioned to streamline and strengthen Belden’s supply chain and increase production of U.S.-based optical fiber manufacturing—all while connecting qualified engineers to new career opportunities.

The development brings new benefits to customers. Those include that Belden products will be distributed closer to the U.S. West Coast so customers can get the products they need faster; FiberExpress fiber assemblies can be made and shipped in two to five business days; same-day shipping will be available for eligible fiber cables and connectivity; and it will allow for better prototyping capabilities.

 “As Belden continues to expand fiber production and innovation to help customers build the future, the Fiber Technology Center will allow us to elevate our work and find new ways to respond to customer demand,” said Jay Wirts, the company’s executive vice president of enterprise solutions.

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Last modified on July 5, 2024

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