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.”

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.

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.

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.”

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.