May 12, 2021 – Leoni AG continues positive trajectory in the first quarter of 2021, which saw the initial WCS carve-out achieved. 

“We continued our operational recovery of the preceding quarters in the first quarter of 2021,” stated Leoni AG CEO Also Kamper. “We reached initial milestones in the improvement of our portfolio with the sale of Leoni Schweiz AG as well as the agreement on the disposal of business units of Leoni Kerpen GmbH. Overall, our progress in operational and strategic terms gives us confidence that we have embarked on the right course to stabilise our business on a sustainable basis. Our focus continues to be on diligently implementing all measures needed to further improve LEONI’s performance and efficiency in the future.” He cited the following positive news.

• Consolidated sales well up on the previous year in the first quarter of 2021

• EBIT before exceptional items as well as before VALUE 21 costs was, with earnings of €39 million, up substantially from the level of same quarter of the previous year (a loss of € 7 million) thanks to a sales increase and operational improvements

• Resolute implementation of our VALUE 21 performance and strategy programme; about €600 million of the gross cost savings potential realised as of 31 March 2021

• As expected, negative free cash flow of € 100 million substantially below the previous year’s neutral figure, which benefited considerably at the time from sale-and-leaseback transactions; free cash flow in the first quarter of 2021 was weighed down by the trend in net working capital related to the operational recovery

• Progress made with respect to strengthening our portfolio by having closed the sale of the first WCS unit, namely LEONI Schweiz AG, at the end of March 2021

• Agreement signed with a consortium of buyers on sale of LEONI Kerpen GmbH’s low-margin business units based in Stolberg; more than 160 jobs could be saved by continuing to operate these units in the hands of new owners at the site

• Sales and earnings outlook for fiscal 2021 raised: despite the persisting Covid-19 pandemic and bottlenecks in our global supply chains, outlook for Group sales now lifted to a significant increase (previously only a low double-digit percentage range); EBIT before exceptional items as well as before VALUE 21 costs should also improve significantly and now reach at least the break-even point

Madison, Connecticut, USA – May 10, 2021 – WAI completed its second virtual presentation of the Association’s Fundamentals of Wire Manufacturing (Fundamentals) course, with the courses presented over seven consecutive Wednesdays from March 17 to April 28 drawing a collective 165 attendees.

“The continued strong participation shows the industry need for sound, basic information,” said WAI Executive Director Steve Fetteroll, who observed that the virtual format has also proven to be a good fit for the industry. “While in-person programs presented at Wire Expo or Interwire are ideal, staging them on-line has allowed more companies to allow their employees to participate for a very affordable cost. We will continue to offer Fundamentals at our trade shows, including Interwire 2021, but the virtual version has evolved from an emergency replacement to a full-fledged program that we are proud to offer.”

The presentations included: mechanics of wiredrawing, Matt Reinoehl, SDI LaFarga COPPERWORKS; drawing dies, Tom Maxwell, Jr., Die Quip; wiredrawing lubricant properties, David Gzesh, Blachford Corporation; wire breaks and surface damage, Dr. Horace Pops, Horace Pops Consulting; fundamentals of ferrous metallurgy, Anand Bhagwat, Minova USA Inc.; stranding and cabling, Kevin Dancy, Roteq Machinery Inc.; extrusion, Erik Macs, Wire & Plastic Machinery Corp.; cleaning and coating of rod and wire, Zach McAfee and Chris Porada, Chemetall North America; ferrous testing and properties, Richard Gordon, C. Richard Gordon Consulting LLC; fundamentals of electrical testing, Casey Spradlin and Erika Akins, Southwire Company, LLC; marking and printing, Mark Spencer, W. Gillies Technologies LLC; ferrous heat treatment, Richard Gordon; manufacturing problem solving, Stacy Martin, Prysmian Group; and an Operations Panel, Jan Sørige, Enkotec; Tom Heberling, Southwire; and Jim York, Insteel Industries, Inc.

The first virtual Fundamentals program, which replaced the program that could not be held when Wire Expo was canceled due to Covid-19, was held over seven consecutive Wednesdays from Sept. 16 to Oct. 28, 2020. The program, which saw two sessions each week that were each 70 minutes long (up from 45 minutes), drew a total of 199 attendees from 28 countries. The format received very positive reviews.

Virtual formatting quickly became a WAI focus due to Covid-19. WAI presented Streamcast on July 15, 2020.The online presentation of 12 industry speakers saw more than 250 individual attendees take part, setting a record for any WAI online event. On Nov. 11, 2020, WAI held a trifecta virtual event that included the Association’s annual clockwinding ceremony, its annual meeting and the 2020 Mordica Lecture by Dr. Gil Baker. A separate three-part webinar series by Dr. Horace Pops in January/February saw all 500 available slots filled before the first one was held.

Madison, Connecticut, USA – May 10, 2021 – Interwire 2021: registration is open
It is with great pleasure that WAI announces that registration—at www.interwire21.com—is now officially open for Interwire 2021, which returns to the Georgia World Congress Center at the rescheduled dates of Oct. 26-27.

At press time, the good news has been that aside from the event itself, the backdrop should be better and better as the percentage of vaccinated people continues to rise over the next five months. Yet WAI is taking every measure to make sure that the return to Atlanta is both safe and worthwhile.

WAI has been working diligently with its long-time show contractor, Shepard Exposition Services, and the staff of the Georgia World Congress Center, to ensure that a comprehensive operating plan will be in place for Interwire. Only recently have meetings and exhibitions restarted, so WAI and its Atlanta partners will be consistently monitoring best practices, and will adjust plans accordingly. More details will be provided in future issues, but they all will be based on what will best ensure the health and safety of all participants and contractors.

In normal times, WJI would not be going into details on an event that is still far off, but it is worth noting again that much effort is being put into a showcase for the potential of Industry 4.0, which includes elements such as automation, AI, robotics, data analytics, and machine learning. Ready or not, change has arrived, and representatives at the Industry 4.0 Pavilion will be there to inform and inspire Interwire attendees.

May 10 2021. Cerrowire^® has named David Hawker as plant manager for its facility in Hartselle, Alabama. He has 34 years of management experience in the electrical products manufacturing sector, with leadership roles in the U.S. and Canada. He most recently was vice president and general manager of Nexans Energy Division (North America). His understanding of market drivers, technology capabilities and cost/financial implications in his previous role drove him to focus on factors that resulted in world-leading profit. A Canadian native, he holds a degree in applied science, with a specialty in mechanical engineering, from the University of Waterloo in Waterloo, Ontario. He also served as the 2017 president of the Wire Association International. Based in Hartselle, Alabama, with plants also in Georgia, Indiana, and Utah, Cerrowire manufactures copper wire for commercial, industrial and residential sectors.

RichardsApex, Inc., reported two promotions. Howard Luckey has been promoted to plant manager of its Philadelphia operation. He started with the company in 1984 and worked his way up through various positions. He most recently was shipping manager, where he ensured the efficient movement of materials throughout the manufacturing facility. Of note, he has been promoted to the same position that his brother, Robert “Bob” Luckey, had held before retiring several years ago. Several other Luckey family members have been and continue to be employed at RichardsApex, and Howard continues the family’s legacy of hard-working, dedicated employees. The company also promoted Janelle Gerardi to senior chemist within its R&D team. She was cited for critical contributions to development of next generation products. She joined the company in 2018. She previously worked for Johnson Matthey in the company’s precious metals division. She holds a B.S. degree in chemistry from Villanova University. Based in Philadelphia, Pennsylvania, RichardsApex, Inc., supplies lubricants, cleaners and coatings for the wire drawing and metal working industries.

David Ohmann is the new president of Wytech Industries. Prior to joining the company, he held sales and marketing leadership positions at Heraeus and MicroGroup (a TE Connectivity Company). He was cited for his extensive medical device background, engineering perspective and deep understanding of the complexities of the development of specialty wire. He holds an M.S. degree from the University of Wisconsin-Madison and an MBA from the University of Minnesota, Carlson School of Management. Based in Rahway, New Jersey, Wytech designs and manufactures complex components for medical devices that includes precision wire components and specialty core wires.

5/10/2021:  The next staging of wire Southeast Asia—and its sister show, Tube Southeast Asia—will now be held Feb. 9-11, 2022 at the Bangkok International Trade & Exhibition Centre (BITEC) in Bangkok, Thailand.

A press release from organizers Messe Düsseldorf said that the event, which was to be held Sept. 22-24, is being moved to the new dates to “allow for optimum international participation.” It noted that in the past, over 90% of the exhibitors came from overseas countries such as Austria, France, Germany, Great Britain, India, Japan and Korea.

“It is anticipated that by next year with further easing of travel restrictions and ongoing successful vaccine deployments worldwide, there will be a more optimistic environment for companies to do business safely and effectively at these trade fairs,” the release said.
The two trade fairs were first held in 1997. At the last staging in 2019, international exhibitors from 29 countries participated at the trade fairs, while 45 % of trade visitors came from outside Thailand.