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Earlier this year, Adani Group, one of India’s largest and fastest-growing cement manufacturers, announced plans to enter the wires and cables industry through a newly formed joint venture.

On March 19, 2025, Adani Enterprises, via its wholly owned subsidiary Kutch Copper Limited, finalized the incorporation of Praneetha Ecocables Limited in partnership with Praneetha Ventures Private Limited. The joint venture will focus on the manufacturing,

marketing, and distribution of metal products, cables and wires, marking a significant diversification for the conglomerate.

A company statement said that the initiative is part of Adani’s broader strategy to strengthen its presence across the infrastructure and construction value chain. By leveraging the group’s extensive experience in large-scale manufacturing and its ongoing investment in India’s largest greenfield copper refinery in Gujarat, Adani aims to secure reliable raw material supply and competitive pricing for its cable business. The company expects this vertical integration to provide a unique advantage as it enters a market that has seen a compound annual growth rate of over 13% in recent years.

The new venture will target key sectors such as residential, commercial, infrastructure and industrial applications, reflecting the rising demand for high-quality cables and wires driven by India’s urbanization, smart city projects, and renewable energy expansion.

Adani Group’s leadership emphasized that this entry aligns with its long-term vision to be a leading provider of integrated solutions for India’s rapidly growing construction and infrastructure sectors. The company’s board has approved the plan, signaling its intention to diversify its portfolio and capitalize on synergies with its existing copper and infrastructure businesses.

M. Huber Corporation announced that it has acquired the alumina trihydrate (ATH), antimony-free flame retardant and molybdate-based smoke suppressant assets of The R.J. Marshall Company.

A press release said that the deal will see the acquired assets incorporated into the Huber Advanced Materials (HAM) strategic business unit of Huber Engineered Materials, an operating company of J.M. Huber Corporation. These assets will enhance HAM’s product portfolio and strengthen its position as a leader in the North American market of flame retardant and smoke suppressant technologies.

The acquisition includes R.J. Marshall’s alumina trihydrate and Marshall additive technologies product lines (excluding those containing antimony trioxide). HAM will integrate these products into its existing portfolio, providing customers with a seamless transition and continued access to the materials they rely on. “This acquisition underlines HAM’s strategic commitment to grow our halogen-free fire retardant and smoke suppressant portfolio and expand our product offering for our customers,” said HAM Global Vice President Sales & Marketing Martin Schulting.

HAM, known for its focus on sustainability and innovation in specialty additives, continues to invest in expanding its environmentally responsible product range. The company has recently achieved significant milestones in life cycle analysis and is recognized for advancing halogen-free solutions for industrial applications.

Last modified on June 3, 2025

Earlier this year, UltraTech Cement, a significant India cement manufacturer, announced that it plans to venture into the wire and cable industry with an investment of approximately $216 million over the next two years.

A press release said that the decision, announced at the company’s Feb. 22 board meeting, calls for the initiative to begin production by December 2026 at a manufacturing facility set to be established in Bharuch, Gujarat. “UltraTech proposes to leverage its extensive manufacturing expertise coupled with its connection with the end-customers to deliver high-quality wires and cables thereby targeting a higher share of the customer’s wallet.”

The company will focus on making wire and cable for sectors such as residential, commercial, infrastructure and industrial applications. Per the release, India’s wire and cable industry has seen CAGR revenue of 13% from 2019 to 2022. “With the migration from the unorganized to the organized market, the outlook continues to remain robust which provides an attractive opportunity for a new trusted player in the sector.”

Company Chairman Kumar Mangalam Birla said that the plan will expand the company’s presence within the construction value chain. The foray into wire and cable “aligns with our vision of providing comprehensive solutions to our end customers in the construction sector.” He emphasized that this move supports UltraTech’s long-term growth strategy and market leadership ambitions.

UltraTech’s board has approved the plan, signaling the company’s intention to diversify its portfolio and strengthen its position as a leading provider of building solutions. The company will leverage its expertise in manufacturing and its strong customer connections to deliver high-quality wires and cables.

Per its website, UltraTech Cement Limited is the cement flagship company of the Aditya Birla Group. It is the largest manufacturer of grey cement and ready-mix concrete (RMC) and one of the largest manufacturers of white cement in India. It is the only cement company globally (outside of China) to have 175+ MTPA of cement manufacturing capacity in a single country. It operates in 40+ countries across six continents, and more than half its revenues come from operations outside India.

R&L Spring Company™, a manufacturer of springs, coils and wire forms, has opened its third facility in Wisconsin, this one in Elkhorn, that adds 50,000 q ft of capacity.

“R&L Spring has continued to expand and grow our business, and the opening of this 3rd facility allows us to support our growth in both the short term, as well as set the stage for planned growth initiatives over the coming years,” company President Julie Arenz said in a press release.

R&L Spring has two manufacturing facilities in Lake Geneva, Wisconsin, with 220,000 sq ft of capacity that also supports its Medicoil™ division that began serving the medical device market in 1992. It was formed to address the unique requirements of the medical device market and evolved into a leader in manufacturing micro-precision coil and wired formed products for the medical device industry.

The family owned and operated company has 53 years of precision, winding, coiling and wire forming experience. R&L Spring Company custom manufactures springs, coils, and wire forms for a wide range of OEM’s in powersports, automotive, medical device, as well as other general industries markets.

FiberHome Telecommunication Technologies Co., Ltd. (FiberHome), a Chinese provider of networking and telecommunication equipment, has opened a plant in Kisbér, Hungary.

Per multiple media reports—from Xinhua and Evertiq, an electronic news service—the optical cable base that is called ZettaNet represents “a new milestone in Chinese-Hungarian economic cooperation.” The investment was estimated at 20 million euros, with 15% of the funding provided by the Hungarian state.

FiberHome had previously served European customers via a distributor, but now the company “is stepping up its direct manufacturing base.” The Kisbér facility, which will have about 120 employees, will produce optical cables for local customers such as Magyar Telekom and MVM. The reports noted that FiberHome has industrial bases in Wuhan, Northeast China, East China, Southwest China, Northwest China, South America, South Asia, and North Africa, and dozens of wholly-owned, holding and equity participation subsidiaries, and now the optical cable base in Hungary.

“This newly established ZettaNet cable manufacturing base is our first industrial entity invested in and constructed in Europe,” said FiberHome Board Chairman Zeng Jun. The Hungarian facility will leverage FiberHome’s expertise in the fiber optic cable industry to establish a high-end optical communication manufacturing hub in Europe. The site will integrate production, technological research and development, and logistics delivery to serve the broader European market, he said.

The Chinese Ambassador to Hungary, Gong Tao, observed that the project was completed and put into operation in less than a year. That achievement “not only demonstrated the efficiency and strength of Chinese companies but also reflects the mutual trust, cooperation and shared vision between China and Hungary.”

Per Schoenherr, an Austrian law firm that advised Chengdu Datang Communication Cable Co. (a member of the FiberHome Group), said the 25,000-sqm industrial site in Kisbér had been owned by the Hungarian subsidiary of Sumitomo Electric Wiring Systems Limited, the European company of the Japanese Sumitomo Group. FiberHome, which is listed on the Shanghai Stock Exchange, was said to hold some 4,000 patents.

Nexans has secured a major contract from Interconnect Malta (ICM) to deliver the second Malta-Sicily interconnector, a high-voltage alternating current (HVAC) subsea link designed to reinforce Malta’s electricity system.

A press release said that the subsea cable, to be made at the company’s U.S. plant in Charleston, South Carolina, will run between Maghtab, Malta, and Ragusa, Sicily. The length was not cited, but a report at independent.com said it would be about 99 km long and the project is valued at approximately €300 million. The cable will be installed in parallel with the existing interconnector that Nexans supplied in 2015.

“Delivering this second interconnector strengthens the energy link between Malta and Sicily, ensuring long-term stability for the country’s electricity supply,” said Nexans’ EVP Power Transmission Business Group, Pascal Radue. “Building on our longstanding partnership with Interconnect Malta, this project also plays a key role in supporting the country’s transition toward a climate-neutral economy and enabling further investment in renewable energy.”

In other news, Nexans reported that the company is expanding its low-carbon product range this year. The low-voltage cables from its plant in Jeumont (northern France) will have 10% recycled aluminum content and contribute to reducing Nexans’ and its customers’ carbon footprints. They will be made exclusively with low-carbon aluminum produced using a decarbonized energy mix, and 10% of the aluminum in them will be recycled. All the cables from Jeumont for low-voltage markets will include this new feature.

“The goal for Nexans today is to source enough recycled aluminum to meet the market’s needs,” said Nexans Sustainable Offer Marketing Director Laure Desseigne. “That’s why we are asking our customers to route their cables towards streams that effectively ensure circularity, i.e. turn used cables into new, recycled cables.” In 2024, the Nexans Group announced a new €15 million investment plan to modernize its plant in Bourgen-Bresse, France, to produce eco-friendlier medium-voltage cables.

Germany’s SIKORA AG, a manufacturer of innovative measuring, control and sorting technologies for industries that include wire and cable, was acquired by Swiss MAAG

Group, a leading international group of companies for integrated solutions in polymer processing and part of the Dover Corporation.

A press release said that, with the news, “SIKORA gains a strong strategic partner for the future.” Founded in 1973 by Harald Sikora, SIKORA continuously developed, opened up new markets and has grown steadily. The company now has some 450 employees in Bremen and its 13 international subsidiaries, from which it offers innovative solutions and customized customer service.

“With the MAAG Group, we have found our ideal partner for the future,” said Harald Sikora, who added that he is confident that the company is in capable hands: “SIKORA and MAAG are connected by more than just a strategic goal: we share core values - innovative strength, entrepreneurial spirit, sustainable thinking and the clear pursuit of long-term success. We are therefore convinced that in the MAAG Group we have found the right partner for further growth and to continue our success story together.”

MAAG Group President Ueli Thuerig said that SIKORA’s products “address similar customer needs in resin-related markets to ours, and its offerings provide MAAG with increased exposure to highly attractive market adjacencies where we have existing industry knowledge and customer relationships.” He predicted that synergies “will generate material cross-selling benefit with a highly complementary portfolio of products and technologies, deepening our joint value proposition and integration with our OEM partners and end customers.”

The release said that SIKORA’s expertise in measuring and control technology ideally complements the MAAG Group’s portfolio in the areas of pump, filtration and pelletizing systems. The regional proximity also offers advantages: Both companies are represented with strong locations in the DACH region and are broadly positioned internationally. This results in valuable, shared strengths and the opportunity to provide customers with even more comprehensive support and offer new solutions.

Harald Sikora will remain in an advisory capacity and the partners will rely on continuity with regard to the operational management at SIKORA. The long-standing Management Board of SIKORA AG will continue to be responsible for the company’s growth story in the future.

Dr. Christian Frank, CEO of SIKORA, adds, “The partnership with the MAAG Group is a strong sign for our future: for SIKORA, for the Bremen location, and for our global team. “We have achieved great things over the past decades,” said SIKORA CEO Dr. Christian Frank. “Now a new chapter is beginning in which we can contribute our strengths and

continue to grow with MAAG. For our employees, this transaction means security, new perspectives, and the opportunity to continue our success story together.”

Space Norway and SubCom have a deal to build and deploy the Arctic Way Cable System, a high-capacity subsea network that will connect mainland Norway to two of its territories—Jan Mayen and Svalbard—that are located quite far apart.

A press release said that the 2,350 km trunk-and-branch system will be the world’s northernmost repeatered subsea cable, running entirely within the Arctic Circle between 67°N and 78°N. The system is scheduled to be ready for service by Q2 2028 and will provide critical route diversity for the region’s growing data demands, while ensuring continued connectivity for remote Arctic communities.

SubCom will manufacture the cable and supporting infrastructure at its facility in Newington, New Hampshire, and will handle installation via one of its polar-certified Reliance Class vessels. The system will feature direct landings in Bodø (mainland Norway), Jan Mayen, and Longyearbyen (Svalbard), supplementing and eventually succeeding the existing Svalbard cable system, which is expected to remain in service beyond its original 25-year design life. The Arctic Way project underscores the strategic importance of high-latitude digital infrastructure as data traffic in the Arctic continues to grow.

Space Norway’s goal is to deliver uninterrupted Arctic connectivity as existing cables near end-of-life by 2028+.The system addresses growing regional data demands from commercial, government, and scientific stakeholders.

Arctic Way builds on SubCom’s previous work deploying the original Svalbard cable system, which remains the sole telecommunications link between Svalbard and mainland Norway. That system consists of two separate optical fiber cables, each with eight fiber pairs, running from Harstad to Breivika in Andøy Municipality, and from Breivika to Hotellneset near Longyearbyen, Svalbard. The main undersea segments from Breivika to Hotellneset are 1,375 and 1,339 km long, respectively. Each cable includes 20 optical repeaters and is capable of a speed of 10 Gbit/s, with a future upgrade potential of up to 2,500 Gbit/s.

“Establishing the new Arctic Way cable system is imperative to ensure that data connectivity for the Arctic community is effective and uninterrupted for decades to come,” said Morten Tengs, CEO of Space Norway.

LS GreenLink USA, Inc., a wholly owned subsidiary of South Korea’s LS Cable & System Ltd. (LS C&S), on April 28 held the official groundbreaking ceremony at its new submarine power cable manufacturing facility on a 97-acre site in Chesapeake, Virginia.

A press release said that the company plans to invest more than $680 million in the new facility as part of its long-term global expansion strategy. The plant is expected to be operational by the end of 2027, with full operations beginning in early 2028. The project is anticipated to create more than 330 new jobs in its first phase, with future expansion possible.

LS C&S anticipates the U.S. subsea cable market will grow more than 30% annually over the next decade. The company said the new plant will provide end-to-end capabilities in high-voltage direct current (HVDC) subsea cable manufacturing, transportation and supply.

“The construction of the LS GreenLink plant is a turning point for LS Cable & System to become a global energy infrastructure company,” said LS C&S XEO Koo Bon-kyu.

In March 2024, the project was awarded $99 million in investment tax credits under Section 48C of the Inflation Reduction Act of 2022, also known as the “Qualifying Advanced Energy Project Credit Program.” Other cable manufacturers have also qualified, including Hellenic Cables Americas, which was awarded a tax credit allocation in 2024 of up to $58 million for its planned cable manufacturing facility in Baltimore, Maryland.

In 2022, Prysmian announced similar plans to build a cable plant in Somerset, Massachusetts but canceled that in January 2025. While multiple reports cited the Trump administration’s executive orders halting new offshore wind permits as a key factor, Prysmian publicly stated that its decision was unrelated to political changes.

TS Conductor (TS), a U.S.-based manufacturer of advanced power transmission technology, will invest $134 million to build a new production facility in Hardeeville, South Carolina, that will create more than 450 jobs.

Per multiple press releases, the plant will manufacture TS’s Aluminum Encapsulated Carbon Core (AECC) conductors, which are designed as direct substitutes for traditional ACSR (aluminum conductor steel-reinforced) cables and are compatible with existing installation and maintenance practices. The new facility, located in the Clarius Park Hardeeville industrial park near the Port of Savannah, is TS’s second U.S. manufacturing site, its first being in Huntington Beach, California.

The project will be carried out in three phases. Phase one involves TS moving into a 301,275-sq-ft building within Clarius Park Hardeeville. This phase is scheduled to begin operations by the end of 2025 and is supported in part by funding from the U.S. Department of Energy (DOE) through its Office of Manufacturing and Energy Supply Chains. The DOE funding is part of a broader initiative to bolster domestic manufacturing capacity for critical energy supply chain needs, including high-voltage direct current (HVDC) transmission lines.

Future phases of the project could add up to 1 million sq ft of additional manufacturing space as demand grows. TS projects the three-phase expansion will create 462 manufacturing jobs. The AECC conductors incorporate a pre-tensioned carbon core, a seamless aluminum encapsulation layer and trapezoidal strands made from annealed aluminum. The design is intended to maximize strength, reduce thermal expansion and improve conductivity compared to conventional steel-reinforced cables. The advanced conductors are often used for reconductoring existing power cable lines, especially in applications where excessive sag is a concern, allowing utilities to upgrade capacity without replacing towers or structures.

The TS technology has been recognized with the 2024 Bloomberg NEF Pioneers Award, the S&P Global Platts Rising Star Company award and honors from Public Utilities Fortnightly and DOE. The 2023 June issue of WJI included a writeup on the DOE’s choosing TS as one of the seven companies chosen from 50 teams that entered its Stage 2 Conductivity-enhanced materials for Affordable, Breakthrough Leapfrog Electric applications (CABLE) contest. The winners got $200,000 and $100,000 in vouchers for laboratory support.

TS’s expansion comes at a time when the U.S. electric grid is facing increased demand due to the growth of data centers, manufacturing, and new energy projects. TS says its

conductors are intended to help utilities increase transmission capacity and improve grid reliability without requiring major changes to existing infrastructure.

The announcement in March was attended by South Carolina Governor Henry McMaster, who welcomed TS Conductor to Jasper County, and by state and local officials who highlighted the potential economic impact of the investment. “TS Conductor’s announcement showcases that cutting-edge energy companies recognize the many advantages of doing business in South Carolina,” said Secretary of Commerce Harry M. Lightsey III.

In July 2024, TS Conductor raised $60 million in a growth funding round to support the expansion. 

M-TEC, the South African subsidiary of Taihan Cable & Solution (TC&S), has secured a significant power grid supply project valued at approximately $38 million.

A press release said that the project, commissioned by South Africa’s state-owned power company Eskom, calls for both medium- and low-voltage cables and overhead lines. This project is part of a larger effort to stabilize and modernize South Africa’s power infrastructure.

M-TEC, established as a joint venture by TC&S in 2000, has been expanding its footprint in the South African market by securing various projects. Last year, the company achieved record sales of approximately $85.1 million), an increase of over 33% compared to the previous year, and its operating profit also doubled. Those achievements underscore M-TEC’s growing influence and capability in the region.

Eskom’s long-term plan to replace outdated power facilities and improve transmission efficiency aligns with M-TEC’s strategic goals. The utility company plays a critical role in South Africa’s energy sector but faces challenges such as aging infrastructure and frequent power outages known as load shedding. These issues have prompted significant investments in infrastructure projects like the one secured by M-TEC.

The recent contract with Eskom positions M-TEC to participate in future bids for medium and long-term projects, potentially increasing its order volume. TC&S views M-TEC as a strategic base for entering the broader African market. The company’s investment in expanding medium and low voltage cable production facilities began in the second half of 2023 and is expected to be completed in the first half of this year, aiming for sustained growth.

The release noted that South Africa is the largest economy in Africa, with a well-established financial and industrial infrastructure. Investments in power and infrastructure have been increasing, and M-TEC will seek to leverage its local production base, contract achievements and local network to become a supply hub for power infrastructure across Africa.

Custom Wire Products (CWP) has acquired Little Falls Alloys (LFA), a wire manufacturer based in Paterson, New Jersey, that specializes in nonferrous copper-based alloys.

A press release said that LFA’s 30,000-sq-ft facility in Paterson will continue to operate under its established name. The company provides custom redraw and electroplating of wire. “The strategic acquisition enhances CWP’s production capacity, broadens its collective product offerings, and reinforces its commitment to delivering superior service to customers.”

Per the LFA website, the company stocks raw material to be drawn and its plating department can process most precious metals as well as copper and nickel. The company pioneered the production of beryllium wire in the 1940s. Many customers use its wire to make springs of all sizes and designs. Other sectors it serves include the automotive, aviation, telecom and medical device industries. CWP makes custom wire and cable.

“Over the past 80 years, Little Falls Alloys built a strong reputation for excellence and reliability,” said CWP President Jeff Lawrence. “We are excited to bring that legacy into the CWP family and leverage our strengths to provide even greater value to our customers. With Paterson as our core manufacturing hub, we are primed to scale faster, improve production efficiencies, and raise the bar on what we deliver to our customers.”

Lawrence said that the multi-million-dollar acquisition will be complemented by a significant investment aimed at driving long-term growth and impacting improvements across the business

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