Poland’s Herco Sp. z o.o. (Herco), has started to expand its plant, an initiative that it reported was made possible through co-financing from the European Union.
Per a statement and details at the company’s website, Herco reports that the company produces its nails at its factory in Cieladz, using modern nail headers. The company was founded as a cement mixer in Lowicz, Poland, in 1993, and two years later a new production site was bought in Rawa Mazowiecka, a small town 70 km from Warsaw. In 1999, it bought its first nail machines and two years later it bought equipment from Enkotec, whose models now make more than 80% of its nails.
In 2009 Herco invested in building a new and energy efficient factory. In 2010, the company moved to the new production unit in Cieladz, 10 km from the old location in Rawa Mazowiecka. That allowed Herco to increase the efficiency and the quality of its products, while reducing the environmental impact. In 2014, its state-of-the-art, hot-dip galvanizing line for small parts and case nails, started operations. Now, it is making a further investment, this time by the European Funds for Modern Economy program, using the SMART Path action to further its R&D innovations.
Industry News
NKT will deliver 545 km of onshore power cables to transmission system operator Elia Transmission Belgium (ETB) for a major grid upgrade.
A press release said that the order for the cable will strengthen Belgium’s transmission grid, and was received under an existing framework agreement between NKT and ETB., which manages the high-voltage transmission grid that has some 9,000 km of overhead lines and underground cables. The latest order is related to a prior order of 72 km of 380 kV AC onshore power cables recently awarded under the same agreement.
“This is one of the largest orders in the segment 70 kV and 150 kV AC onshore NKT has ever received and shows the importance of the lower high-voltage levels in the transmission grid,” said Lukas Sidler, EVP, HV Solutions Cologne. The cables will be produced at NKT’s Cologne, Germany, and Velke Meziříčí, Czech Republic, factories, with delivery and installation planned from 2025-2027.
In Belgium, electricity consumption is expected to rise by 50% by 2032 while renewable energy sources are adding more power to the system. In 2023, Belgium generated a record-breaking 21.5 TWh (a 23% increase compared with 2022) from wind and solar generation, making up 28% of the country’s electricity mix.
In other news, NKT reported that it is expanding its operations in Alingsås, Sweden, to boost the production capacity of high-voltage accessories. The company is currently constructing a new hall in Alingsås for testing power cable accessories up to 525 kV that is needed to meet what the company described as the growing demand driven by the transition to renewable energy. Besides boosting the production capacity of high-voltage accessories, with the new hall NKT is seeking to enhance its research and development efforts.
“With our new high-voltage test facility, we’re meeting NKT’s strong growth in the global market. This investment in Alingsås enables us to support the renewable transition by supplying complete power cable systems for on- and offshore wind parks and interconnectors,” said John Sjöström, Head of Operations at NKT in Alingsås.
Poland’s Tele-Fonika Kable S.A. (TFKable) has won an order for onshore cables and accessories by the developers of Bałtyk 2 and Bałtyk 3, two offshore wind farm projects in the Baltic Sea.
A press release said that the contract from Equinor and Polenergia will require 85 km of onshore HV export cables (220 kV) which will connect the offshore substation to the onshore substation. The order also calls for 38 km of onshore EHV cables (400 kV) that will connect the onshore substation to the PSE power station. The project also includes the supply and installation of accessories. The wind farms have a combined capacity of 1440 MW
The wind farms will be located in Poland’s economic zone in the Baltic Sea, about 22 km to 37 km from the coastline. The first energy from both projects is expected to flow into the grid in 2027, with full commercial operation planned from 2028.
The cable will be made at TFKable’s facility in Bydgoszcz, located approximately 250 km from the construction site. The choice of a local supplier underscores the significance of Polish involvement in this project and supports the development of modern renewable energy infrastructure.
Piotr Mirek, Member of the Management Board at TELE-FONIKA Kable and Supply Chain and Investment Officer at JDR Cable Systems, added, “Tele-Fonika has extensive experience in providing advanced cable solutions for the energy sector, as evidenced by our participation in projects such as Baltic Power and Baltica 2. Our involvement in the Bałtyk 2 and Bałtyk 3 projects continues our commitment to the development of renewable energy sources in the Baltic Sea. By collaborating with local suppliers, these projects will not only contribute to the economic growth of the region but also enhance the country’s energy security.”
The Bałtyk 2 and Bałtyk 3 projects include the installation of 100 wind turbines, two offshore substations, submarine export cables, and a full energy and telecommunications infrastructure. The HV and EHV onshore cables will be made at the Bydgoszcz facility, part of the TFKable Group. Deliveries are expected to start in January 2025, with project completion expected by November 2026.
Japan’s Sumitomo Electric Bordnetze (SEBN) said that it will open a new plant in Spain and close its Mezdra plant in Bulgaria, while cutting back at a second plant in the country it has in Karnobat.
Per multiple media reports, earlier this year SEBN announced plans to build its first production site in Cuenca, Spain to make high-voltage wiring harnesses for electric cars for the Volkswagen Group. By the end of 2025, when operations are at capacity, it will have some 350 employees.
A subsidiary of Sumitomo Electric Industries and Sumitomo Wiring Systems, SEBN notes at its website that it is one of the world’s largest wiring harness system manufacturers, with a development and production network of 41 sites in 13 countries. While this will be SEBN’s first plant in Spain, and 23rd overall, the company has had a customer service center in Pamplona since 2001 and a development center in Martorell since 2012.
In other news, SEBN noted that it decided to close the Mezdra plant because of stiff competition and higher labor production costs in Bulgaria. The site, opened in 2008, employs around 950 people.
SEBN plans to maintain its second Bulgarian plant, in Karnobat, at reduced capacity. That plant, opened in 2006, currently has about 1,000 employees, and will see a reduction of about 100 positions. The company will move some production to its facilities in Moldova and Romania.
Founded as Volkswagen Bordnetze GmbH in 1986 in Berlin, Germany, the company’s initial production was wiring harnesses for the VW Polo and VW Golf vehicles. It became part of Sumitomo Electric Industries in 2006.
Taihan Cable & Solution has been selected as the cable supplier for a 320kV Voltage Source Converter (VSC)--VDC and 500kV HVAC power grid project in the U.S.
A press release said that the contract from LS Power Grid California, LLC, includes multiple cable orders worth approximately $68 million, to improve the reliability of the power grid in Northern California, including regions such as Silicon Valley and San Jose. It noted that the area has seen a surge in electricity demand due to the recent expansion of AI- related businesses and other advanced IT companies.
The contract marks Taihan’s official entry into the U.S. HVDC market. The company’s VSC technology allows for easier bidirectional power transmission and simpler converter station installation compared to Line Commutated Converter (LCC) HVDC technology. It can also be applied to renewable energy generation, such as wind and solar power. VSC-HVDC is increasingly used, and only a handful of companies worldwide have successfully commercialized this technology.
Taihan previously developed South Korea’s first 525kV VSC-HVDC cable system, which has a 3,000-sq-mm cross-sectional area and a maximum operating temperature of 90°C. “With this latest contract, Taihan is poised to actively pursue further HVDC projects both domestically and internationally.”
Taihan was the first company in South Korea to develop and commercialize this technology, and it has successfully secured and executed all 500kV HVAC projects conducted in North America. “With this latest win, Taihan has achieved the remarkable accomplishment of carrying out all 500kV projects conducted in the U.S.”
Anticipating the increased demand for replacing aging power grids in the U.S., Taihan has focused its efforts on the U.S. market since 2017. “This strategic focus has yielded continuous success, with the company recording approximately $455 million in new orders this year alone, achieving record-breaking results.”
Kris-Tech Wire, which completed the expansion of its operations at Rome, New York, earlier this year, now looks forward to continuing its mission that started 40 years ago,
A press release said that the company—founded in 1984 by twin brothers Gerry and Glenn Brodock—grew over time to be a leading manufacturer of U.S.-made industrial wire and cable products. Today, the third-generation family business serves a wide range of building, commercial, and utility industries. The expansion project saw its Rome location have double the production, warehouse and office space. It was the most ambitious project since opening its stocking facility in Houston, Texas, in early 2022. It’s also part of a multi-year campaign to expand operations and product lines.
“We’re excited to continue investing in our people, customers, and community,” Kris-Tech CEO and President Graham Brodock said. “This expansion is a statement of our belief in our business and team, and we look forward to yet another one soon.”
The additional space allows the housing of several added production lines, including Kris-Tech’s recently expanded tray cable division, stocking and storage areas, training rooms, and more. The expansion project will also bring a nearby production facility back to Rome.
Throughout its history, the company has maintained close ties to the region. Kris-Tech was the recipient of two regional awards in the spring of 2024. First, the company received the CNY Business Journal’s Mohawk Valley GEAR (Growth, Energy, and Revitalize) award for their contributions to the region’s job market, real estate, social scene, and community improvement. The second award was the Chamber Alliance of the Mohawk Valley’s inaugural William K. Guglielmo Legacy Award for 2024. This award honors companies improving the Mohawk Valley business community, something the award’s namesake, Bill Guglielmo, did for 50 years with the Rome Area Chamber of Commerce.
Germany’s Leoni has agreed to be acquired by LUXSHARE—a huge Chinese electronic connector manufacturer whose customer base includes Apple—in two separate transactions totaling a reported $583 million.
A press release said that LUXSHARE will acquire a 50.1% stake in the Leoni AG and its Wiring Systems Division (WSD) that is owned by Austrian entrepreneur Stefan Pierer. The division has six locations in Germany with a total of around 1,450 employees, including Kitzingen, Neu-Ulm, Munich, Rastatt, Wolfsburg and Neuburg an der Donau. Kitzingen is the largest location with around 1,000 employees. WSD supplies innovative wiring solutions and associated vehicle components. The company notes that it is a market leader in Europe and No. 4 worldwide.
The release said that Leoni’s strong connections with the European and American automotive industries, combined with LUXSHARE’s presence in China, will create a robust global platform, enabling both companies to maximize their market potential. “Having LUXSHARE as a strong strategic partner will significantly enhance LEONI’s competitiveness across all fronts, from portfolio expansion and market access to technological capabilities and production,” said Leoni AG CEO Klaus Rinnerberger.
The second transaction will see TIME Interconnect Singapore—a joint venture between LUXSHARE subsidiaries LUXSHARE-ICT and TIME Interconnect Technology— acquire 100% of Leoni’s Automotive Cable Solutions (ACS) division, which has 10 locations in seven countries, with some 3,300 employees. Following the carve-out, the release said that ACS will continue to position itself as a leading independent manufacturer of automotive cables.
Pierer said that the new partnership will help Leoni’s financial stabilization, reinforcing the progress achieved over the past year. LUXSHARE Group Chairman and CEO Grace Wang said that the collaboration “marks a pivotal step in our journey towards becoming a global leader in the automotive sector.”
Japan’s Sumitomo Electric Industries (SEI) has acquired the Esteves Group, a global supplier of diamond tooling of the wire and cable industry, for an undisclosed sum.
A press release said that the Sept. 9 closing was made through Torque Capital Partners (Torque), which announced that its portfolio company Diamond Tools Group B.V. (DTG) has agreed to sell the Esteves Group to AL.M.T. Corp. (ALMT), a subsidiary of SEI. ALMT’s product lines include a range of tungsten and carbon powders and diamond/CBN tools. Torque had acquired Essex in 2018.
“With this acquisition, we will be able to leverage both companies’ diamond dies product lineups, technological capabilities, sales networks, and service bases to further strengthen our business development, including market expansion into Europe and the United States,” the release said. It notes that the Esteves Group brand will continue to be used, and that there will be no major changes to existing service and support structure.
The portfolio of the Esteves Group, founded in 1913, includes wire drawing dies, extrusion tools and specialty tools. The company has seven strategically located facilities in six countries in Europe, North America and Asia.
The acquisition of Esteves Group will enable SEI and ALMT to significantly expand its geographical presence and accelerate its global growth, the release said. The merger will bring together complementary customer segments and innovative solutions. “SEI will support Esteves Group’s management team in realizing its business ambitions (to be a) global leader of wire drawing dies for the wire and cable industry.
“We are very excited about the prospect of joining forces with ALMT, a merger based on decades-long business relation and shared corporate values,” Esteves Group CEO Manuel Geremias said. “The combination will create a global leader with a wealth of know-how, the most advanced technological capabilities and the deepest market reach. We look forward to a prosperous collaboration that will enable us to meet the evolving needs of our clients and maintain our industry leadership.”
Per the SEI website, as of April 1, 2023, the entity has operations in more than 40 countries, with 414 subsidiaries and affiliates, and more than 208,000 employees.
A U.S. jury has awarded Prysmian $96,500,000 in damages from Sterlite Technologies, Inc., a business of India’s Sterlite Technologies Lt. (STL), for violations of trade secrets related to a former Prysmian executive who joined the company.
A press release said that on Aug. 6, at the end of a three-week trial, a U.S. District Court jury in Columbia, South Carolina, found in favor of Prysmian. Sterlite and Szymanski had denied wrong-doing.
In its June 2021 lawsuit, Prysmian had accused a former key executive, Stephen Szymanski, of providing Prysmian’s trade secrets to STL. The jury also awarded Prysmian $200,000 from Szymanski, who ran the company’s optical fiber cable business in North America before going to Sterlite, a direct competitor, in August 2020.
“At trial, Prysmian ultimately proved that Sterlite had taken thousands and thousands of pages of Prysmian’s confidential information and trade secrets,” the release said, noting that those included information about Prysmian’s customers, newest products and plans to expand its manufacturing plants. “Much of the information was found in the possession of not just Szymanski and Sterlite, but also in the possession of executives at Sterlite’s global headquarters in Pune, India.”
“This case came down to the basic principle of right versus wrong, and we are pleased that the jury came to this decision,” said Prysmian North America CEO Andrea Pirondini. “We will not stand still when it comes to defending our confidential information and trade secrets, competing fairly in the marketplace, and doing right by our customers.”
“Prysmian has a longstanding reputation for our quality products and our commitment to delivering innovative solutions in the telecommunications space,” said Patrick Jacobi, Prysmian North America Telecom senior vice president. “Securing a win in this case is a step in the right direction.”
On Sept. 16, 2023, STL, which is active in more than 150 countries, inaugurated its first U.S. cable manufacturing plant in Lugoff, South Carolina. Its focus is high fiber count cables with small diameters.
In an STL statement, Managing Director Ankit Agarwal said that the company remains committed to serving customers in America. “We do not intend for this verdict to interrupt our plans to grow our U.S. presence. As a company, we uphold the highest standards of ethics and integrity.
We believe the verdict is not supported by the testimony and evidence presented at the trial and intend to appeal and vigorously pursue all available post-trial remedies.”
Orlando Precision announced that it has acquired Gifford Spring Company, a family business located in Garland, Texas.
A press release said that Gifford Spring serves the aerospace, telecommunication and industrial sectors, with products that include compression springs, tapered springs, torsion and double torsion springs, extension springs and wire forms, as well as rod forming. The deal represents the first acquisition for Orlando Precision outside of its base state of California.
“The acquisition broadens our geographic footprint, allowing us to better serve markets and customers located in Texas and throughout the south, including central Mexico,” said Frank Mauro, president of Orlando Precision. He said that it also valuable capabilities to his company’s overall capacity to innovate, deliver services and achieve strategic goals.
Founded in 1984 by Ralph Gifford in his garage with one machine “and a handful of customers,” the company quickly grew. Per the Gifford Spring website, one key to that growth was that it used secondary operational step-saving machines that Ralph Gifford designed and built using pneumatic and electronic technology and components. During this early period of dynamic growth, Ralph Gifford introduced electronic gauging and sorting on automatic spring coiling machines to the Dallas manufacturing community.
South Korea’s LS Cable & System (LS C&S) reportedly is interested in opening a plant to manufacture optical cables in Turkmenistan.
Per a posted report that cites the online publication SNG.TODAY, representatives held video negotiations with the Turkmenaragatnashyk Agency, which has the authority to conclude contracts. The discussion was about the supply and creation of optical cable production in Turkmenistan. It included discussion of needs from the construction of the “smart” city of Arkadag, fully based on advanced infrared and green technologies.
The parties agreed on further contacts and discussed the possibility of signing a Memorandum of Understanding, as well as organizing a visit of the Turkmen delegation to the LS plant in South Korea.
The report said that the negotiations were attended by representatives of the sales and production departments of optical cables LS C&S, as well as the deputy chairman and head of the infrastructure development group of the Turkmenaragatnashyk Agency. The meeting was held in video conference format. The report notes that a prior online meeting was held in September 2023.
Aurora Material Solutions reports that it recently completed the previously announced expansion of its Streetsboro, Ohio, facility.
A press release said that the expansion further extends Aurora’s capabilities in thermoplastic compounding of rigid PVCs, rigid PVC alloys and CPVC. The expansion adds over 140 million pounds of compounding capacity, creates new jobs, and supports Aurora’s continued growth with customer partners. It produces the AuroraGuard™ lines of thermoplastic polyolefins that provide high-heat, low-smoke zero-halogen and flame-retardant properties and its AuroraFlex™ line of flexible PVC compounds.
In March, Aurora Plastics became Aurora Material Solutions. With the new name, Aurora also embraced its first brand statement in its 27-year history: “People. Partners. Possibilities.”
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