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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.

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.

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.

The WAI’s Midwest and Southeast chapters have set dates for their respective golf tournaments, so there are now three firm dates that can be planned for.

The Midwest Chapter will return to St. Andrews Golf & Country Club in West Chicago, Illinois, on Monday, Sept. 30. In 2023, the team of Cliff Goss and Brock Braun of SDI LaFarga COPPERWORKS, and Chris Skidmore of OmniSource, shot a very respectable 10 under par 72 to walk away with the bragging rights.

The Southeast Chapter will return to the Rock Barn Country Club & Spa in Conover, North Carolina, on Thursday, Oct. 10. In 2023, the winning Vannais Outing team was Travis Card, William Godwin, Andrew Godwin and Paul Godwin, all of Technical Development Corp., who finished 14 under par.

As previously noted, the New England Chapter will return to the Tunxis Country Club in Farmington, Connecticut, on Monday, Sept. 9. In 2023, the Fluorogistx-sponsored team of Jim Elliott and Rick Larson from New England Wire Technologies, and Jim Bliss, Marmon IEI, who won with a score of 60, 12 under par.

Of note, the collective chapter golf tournaments bring together professionals from the wire and cable industry for a day of camaraderie and sportsmanship. Beyond the obvious attraction of golfing, the events serve as an excellent platform to build new connections, exchange knowledge, and strengthen existing relationships within the industry. Register online for tournament, sponsorship, and dinner-only participation: wai.configio.com.

For more details, contact WAI Member Services Manager Corey Flynn at tel. 203-453-2777, ext. 128, This email address is being protected from spambots. You need JavaScript enabled to view it..

The Ohio Valley Chapter (OVC) will hold its annual golf tournament on Aug. 22 at Kensington Golf Club in Canfield, Ohio, followed by an educational program and the awards dinners, but participants will have the option of going a different route.

Per the chapter, members who are not avid golfers can instead visit The Training Range, Inc., a state-of-the-art firearms training, indoor range and firearms center in Austintown, Ohio. Some non-golfers have chosen that path on their own in past years, and now that option has been clearly spelled out.

Those that wish to do this need to be at the target range, at 4445 Mahoning Ave, Austintown, about 15 minutes away from the golf course and the Courtyard Hotel. Per Rick Bray, WAFIOS Machinery Corp., participants will sit in on a brief range safety course at 8:50 am, and the range will be available from 9 am to 11 am. For further details contact Bray at tel. 475-414-6130 or This email address is being protected from spambots. You need JavaScript enabled to view it..

The program will allow participants to go to the site in the morning and return to the golf course in plenty of time to sit in on the educational program and awards dinner. The following speakers are scheduled.
Dave Brambert is president of Fifth Wire Manufacturing, which covers innovations both inside the equipment and outside the industry that are making inroads into today’s advanced manufacturing plants. He helps customers develop multi-platform marketing strategies that work. 

Tim Moury, president and CEO of Vericheck Technical Services, Inc., will be joined by Technical Director Marco Degasperi. Their company supplies metal analyzing equipment and ISO17025 accredited training and services throughout the U.S. and Canada.

The third speaker is Steve Lebischak, founder of Polara Golf, who will discuss the process of developing their scientifically driven, self-correcting golf ball technology.

For more details and to register, go to the Chapter website or contact WAI Member Services Manager Corey Flynn at tel. 203-453-2777, ext. 128,
This email address is being protected from spambots. You need JavaScript enabled to view it..


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