OVERVIEW January 20 2020 Issue Flipbook Edition

January 20, 2020 Volume 23, Issue 1 INSIDE THIS ISSUE Pelican Holdings Group Changes Name to NKT Strengthens R&D with Acquisition Wire Experts Group........................................2 Times Microwave Opens Hub in Europe......... 2 of ABB Technology Consulting Unit Sumitomo Electric Wins Conductor Orders.....3 Daniel Zhang Appointed GM at R&M............. 3 NKT has acquired a technology consulting unit from ABB specializing in Prysmian Group Signs Cable Agreements.....4 key areas within power cable development such as Chemistry and Materials, NKT to Supply Onshore Power Cables............4 Jan Sørige Appointed WAI President...............5 Applied Mechanics and Electrical Testing, which Prysmian Enters Wind Turbine Partnership.....5 is a noncore business of ABB. The acquisition in- Encore Wire Merges Sales Reps......................6 cludes approximately 30 employees with expert Taihan Wins Energy Project Contract...............6 competencies now being part of the existing R&D 2020 WHMA Wire Harness Conference......... 7 setup in NKT. NKT says this is an important step US DOC Issues Order on Chinese Staples...... 7 in strengthening its technology capabilities and Conference Calls & Webcasts.......................... 7 R&D setup to maintain its strong market position Dividends Report............................................... 7 within innovative power cable solutions. CRU Brings Conference to London..................8 IPC APEX EXPO 2020.........................................8 “I am pleased to welcome the new colleagues to NKT bringing expert knowl- edge in key areas needed to help continue developing the power cable technol- Presented by: ogy for the future,“ says Anders Jensen, Executive Vice President and Chief Technology Officer at NKT. “We are keen to continue to & grow the consultancy business and leverage the strong techno- logical capabilities of the team to continue to develop our portfolio Initial Publications, Inc. of power cables solutions. With the acquisition, we strengthen our 1741 Akron Peninsula Rd, competencies within HVDC technology. This enhances our market position in Akron, OH 44313 USA the growing HVDC market driven by offshore wind and interconnectors.” Tl: +1 330 864 2122 • Fx: +1 330 864 5298 The acquisition was completed on December 1, 2019, and the consultancy www.wiretech.com business remains located in Västerås, Sweden. www.nkt.com Chip Lippincott Publisher Network and Learn with Senior Wire & Cable Executives Mike McNulty VP & Editor Jim Masar Senior Editor If your company is a cable producer, an equipment and service provider, an Tom Hutchinson Global Sales Manager end user, a network provider or a material supplier or utility, you won’t want to Mike Dies Sales Representative miss the fresh industry insights that will be discussed at the Argus Advanced Sally Goss Sales Representative Wire & Cable North America conference, being held February 3 to 4, 2020, at the Subscribe @ www.wiretech.com/overview.asp Hyatt Regency Atlanta Perimeter, Atlanta, GA, USA. Previously known as the Integer Advanced Cable North America conference, the third edition of this event is returning to Atlanta to give you the best learning and networking opportunities available through Argus Media’s expert in-house knowledge and extended reach. The 2019 conference was held in Charlotte, NC, USA, and saw industry representatives from across North America gather together to network and discuss important topics affecting the wire and cable markets. This year’s agenda has even more focus on wire and raw materials, and will delve into the macro-economics of the industry. www.argusmedia.com/acna Wire & Cable Stock Indexes % CHANGE % CHANGE since last issue YTD 2017 OVERVIEW 38 3563 +0.5 +0.0 OVERVIEW Electrical 2845 +0.8 +0.0 You need it—We have it! 802.773.9111 OVERVIEW Communications 753 +5.5 +0.0 www.carris.com OVERVIEW Steel 341 -5.5 +0.0 [email protected] •All data are from prices listed on the market on Jan. 10, 2020. •Note: International Wire Group dropped from the indexes. Page 1

BUSINESS & MARKET REPORT January 20, 2020 WireCo Worldgroup cor Corporation in 2017. While at Notebook= White CEO Clarcor, White served as President BePceolmiceanWHiroeldEixnpgesrtGsroGuroputapopWpoirienCtsoKWeiothrl dGroup, Pr a ir i e of Clarcor’s Industrial Group, was a member of Clarcor’s Executive Pelican Holdings Group Village, KS, USA, announced thatParent Company of Pelican Wire & Rubadue Wire Positioning for Additional Growth CWuirsetoamndizCedabCleomHTpiumobeuisnnMEdiuCWcrsroouipwrseea;tvDoeaemSnbyudsitzsteCeCmduassbOtColpmeoenmCsoDpileisodtruCibCWCanubtdouliieorsmssne topamonudiznWwRcIioptN“pPNRonapbcWoceauŸŸŸŸvŸEcŸtnoTsuooouxfvtceoraaeefsuCahioiciiallressnqprmnrssiltnrWrbbPipeCz.FMFIEEaiewtatwnseaaertiun,cesaoyoeseiaeaglRlPlbinnndtnaseuaaoaimrordmteemeEselldddioubaeaRWmutiisssplifnnetsMxfinficfhltut;zffrbeee,eenonTbadBtlcdipnoleeaCEgeuooeaaf“ac&TtaRncFierootPrherrtohohseccHhorFdaumerrteWcesaqrtcxetwierrbbdpansmsndowRalnuooaaocW“NiaeoeiemRoLceceToeprgimridsdeatleraortpnrehhoaiteo,ainupsentmatme.n,nwiirlkEiitnntlsrgereeWleee”oteheeaowedWbWR,xvnnaeeubCnesiWsmWiopctrtTlEsb,nt.doips,psdbdurtreWdldUirceaiideedeFspirasreanicdauWoecdensbcrtarttcLetnJeatmxaslrTamotit,ailsdhbenomieetobnmuoutGTpbranDsopitiirrude,SdgtaaalcrcraeebheewweaseuevseprntwRdhaeaebisJpntrienioacnuotetnplsstCosmrrduldAyptcgenhenaaerreoimltbaaabzoitmtaW.Caconsgahlewpg”aetannenlsedyueyorosfkdGabidwduriduo,tmrnyPr,t,rEehuloulhfencfDnaylamoduerddennu/rooselt,etrradgresiueEsnrl2idrasiohltxrWicneoolcoosx0totohsftgauasrrteovmsorpsudet,netoibuaoautgnxeruprteir2ismessinnpesksiaerrdhrnl0dGgTuWconcsgarwahptmawnbeB1soppudoplueelnoiaooep9imafiuprerntGlasegslherltvic:krslauoGcmtpisiesec,rerCeeirrisu2rngoGbpeaoeno-Rradrdwdss,0euaausnnnrnyoloouotc,rospls,eyadtgooPvtliwoibetWntksu,onrt2t.rimh‘bbahpoilgWcIudnhl0oUteHrneooleduesfvrtueaoooaki1rctcirntnBusumnrrte1ntfkaospit9h“eeieCt-heotdeeoel”niwhesusrsips,tpfbac,ErWatdPotbG,fudacttmirieisllrchhxneialaafpnicte.ighwpleeoauraaosbrlprlcoctescore,teeeitlee2btotlNovug,eepluurgisrouoew,ttrnasmbtoeobdlrc.osplnaiasegncwiyrJ,’olergTin0sdooedscnrunaaIuaiCgeolouYua-egnonttuckPottncdhreTrwssoepPeoudsbuiooirei2sen-aiabeoeBurokmomtoaeoEfgrrnalunedcuihsosi,nuyonclcaeiasinluouuspndPtmr,in0oiern1wlesiiinOsetkEeCorucisignndnheeue.oesatlflnorm.Etis---ssnrrrtrcsFs,t-t.,ilteROsbpWaboawRpnnwxlrnreooaapaiibeortrsyrHrnheneesfirigtedseddrionWtasoeEietthkseiblhatnnfd-x;aenienOsgiareiphcncncecelPweasaocepglelaeorlEewlnsltalrayTllstxegiueTcGuscaCntStKCP1otFwtKgHsaMBsEepretvaGeaesdicreoeirihonmnocarh,erwnridettsxodevtehut,nerefWpioesaooluxonpartTpeoanitheepprot,heidi2Grlmetiekrsiotetoun,lIsbreorionmncWrtpgiorars.vssdihhopngtncwaiiuuitahmed,atu0sciem.pnhgerccieigsBceeprwilhdehhssyo.rore..Onobpueh2ttoor:aidWotdieibitaroituootonfIm0ifraWniasnoftidVCutevatininnterio,KrcdnpdrewnewriaohtepMcdafeaiifodduGoeomnlrroCiOenionrucntislopDsonwrflsecrCwonhdfPdtotmroo(fffpti,rfrCheirdroihreosihcrtuDhaeooweea,sElmiaemtewiieapanosmtrEŸŸŸŸvuŸcŸisWcOlritsrtfrovluaEaiigAttse,aCildooieL)oaEaihcllxsvJiincitbietfhnnCnxezcEIFFMEaraertatbeieicaantoogtaeeseienoe,gPRlfeqlPyPcnnasleasoamofnd.dcSeaentrcl.edduauRscmTeiseafws,MsuoeofirIyoCtfcltetizfrennoTa.IlnBtiltisole-xpfsnnmkCyeautvwfeaaorrrthitoimdIeesteevivtrogdadenmssRoommieeenserdieco-lrtwetedrdmnnmymPeerceeeosmduienCmtmr,HpguimortlreioJeirpinatdansnb,rtcJeraiveaosmhoenaorivsoigrP,gaaPovtu,setdnnefptru(ettdnsrCoCtacaanoipemTkCdCocailcdudnsk,naawlrrmrhreehaMvndoildldew/ooaetekksilialhiheneiatftnarsuntesmeteSeanonris&iireiiksadnengsnycsyrl---rrf).tfttlapinglhtcaiCbnod,anovekuopdfHLtFoseptTosrw2TAsoranomheipeCiehehlErgnfrpmbactdrnilelsaeaPlbp,nioaaaolhTllscEteonCWgosZeMdhbrm,blEcwartry,ugueseuueoeluoeeetoSe(erpeiha9CnnooahrmrahnilwCdoneendiosmrpnctosocAlonuennfyehsipeFslihnwttalGonnwaMldteenzhd,i2radi,pnirdetsrneeswsctkebe0lenSeereseeeatcEdelrtatala,rnwywdleclrsiTtGttsausaaCr2vthsletoh)eaeasie.dstityin0teoawavoEdhtoar(fizgmd,inAbynmd2cianu,tetertniMvibrecgcryst0“,GerelropohteiOaoeru:otltMoAaahMoeatrtM(Lescrmantuespad2eutrharGnoirdihdacPeenp)eno2ng0lesd.pMMh.acdooardnewe01,iloa.Mcsroours4aanl.1esrt2ŸŸŸvŸoŸŸEmbSSnttwkdwhinmsti1h.eonlrrsehcCfnc0Bleo,tdoHlSeiprOen1toh aetdCFIFMEEeag2slaaCtbo(hn1iryooirdaEAmgaolRfrlPtunnnl,0asooaodefyaDeieSfumoddinupfRvmni2nmsoefo2csMaftfhTiTlodotnfeldThftsBa/tfnfeohleeg00pChut)EaraiortHthtcatemafactos riiurre,imesiRf2oogeloenneoidaiutdtuor-eotmanhoaalrreeeeldo0ndgdndiCbmssr,---otrfftil)lpvidanabrtcJrohoeosoor,gsaadpeltufseCttcaaCcalncskdawrrhgnulddeoosiicneetsasrtmstioieksatncnsaomapngltasimCbond,anpweukoipdozHanm business units truly makes us has inaugurated a new distribution bution Hub is equipped to complete Wp‘nWeliheisrisreleswEcwxuiptihsleltortcthmJsoae’nn.eu”atPrriysne1ul0aithce,nT2a0dotn1o9mOWdpooiersnetbsaauuNnspTeidi--mw eMsaMstfiNopinaecpleicrreEetoilsDhnuiwteeyrqiso,ardultptvaihroceeinenkb,dScuidJnsoyate.imHsnloJiTvtauonpneehuauaamrHerrtnyyyeu8sycttnh1o,b’es2,50lnTi1f,oni9t2hrces0eEart2luIdn0rti,osraoptrndeibduTucismteuoseprssa- transactions in US Dollars or Euros and deliver bulk MneicworfoCwwuaesvetoekmsS.y”CsotepilmerodsdCuacbtsle in days instead TMS has also introduced new Custom and 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European presence over the past two \"This is an example of how our engineering mission on heavy trucks, these assem- Quality Cyoeamrs,panoduthne ndewinfagciliftyorrepresents & Cable Industryour continued investment in the teaTmhethseinkasssoeumtsbidlieesthaerebopxetrofemctefeotroRuFr systebmlises have since been used on portable the Wire region,” said Bill Callahan, the Quality Compounding forDcuirFwseteicotahtmotufrerrroee'sfqsCuuinenocnimqlcuumideeesenr:cueipeadltSso,a\"3lesGasiHdfozDr. TavMeSK. ieslinwg, eathwTeowlwre.atsirmntemasomtriieoc,rnoviwssiatvoaeu.crnowdmebossriteceovantetacrta: l other the Wire & Cable Industry• Compatibility with LMR-195 connecatoprsplicKaevtiinoMnosy.heTr,hPreodyucat Mreanaigdereal for RF General Manager for TMS. 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TMS continues to rapidly expand its portfolio by The Netherlands 108 Rado DriveT,elN: +a3u1(g0a)3t0u6c3k5,8C02T1 06770 Tel: +1M2ob0i3le-: 7+2313(-02)652951089532 www.ElectricCFaaxb: +le3C1(o0)m30p6o34u1n7d83s.com For further details, please contact Page 2 About Times Microwave Systems addressing defense, medical, telecommunications, precision test, and space applications. With a staff of more than 100 A peionngeineerienrgsbarnadndainglionbnaolvmataivneuRfaFctaunrdinmg ipcrreosweanvceei,nTteMrcSonisneucntiqauseselymqbuliaelsif,iecdabtolespraondducceontnheecrtiogrhdt essoilguntiso,nTfimoreosur MiccruoswtaovmeeSrsy'scteommspliesxardeiqvuisiiroenmoefnAtsm. phenol. The company has more than 70 years of experience in the industry and A pioneering brand in innovative RF and microwave interconnect assemblioefsfe,rscathbelemsosatncdomcpornenheencstiovre dsueisteigonf sp,roTdiumctessin the market. TMS continues to rapidly expand its portfolio by

BUSINESS & MARKET REPORT holders whose shares are held by Business Development at Leviton. January 20, 2020 nominees registered with voting “This streamlines how we bring our rights in TE’s share register on their customers a world-class global so- Notebook behalf as of the same time and date lution set under the Leviton name.” will be entitled to instruct nominees Sumitomo Electric Wins to vote on the matters presented at All current and new products, Overhead Conductors the AGM. product packaging and external Orders from Asia-Pacific facing documents will be branded In December 2019, Sumitomo Full details about voting at the solely as Leviton. As part of this inte- Electric Industries, Ltd. be- AGM are provided in TE‘s prelimi- gration, the Brand-Rex.com website nary proxy statement for the AGM, is now www.Leviton.com/ns/emea. gan shipping which is filed with the U.S. Securities low-loss high- and Exchange Commission. The Brand-Rex name will be capacity over- retained as a product brand for head conductors for the Dhaka- www.te.com nondata specialty cables used in Chittagong Main Power Grid extreme environments such as avi- Strengthening Project in Bangla- Brand-Rex legal entity ation, defense marine, mass transit, desh. The firem is accelerating to become Leviton automotive and other high-end its power transmission line busi- Manufacturing UK Limited industrial markets. The Brand-Rex ness in the Asia-Pacific region, name maintains an exceptionally with major orders for 9300 km of In December 2015, Leviton ac- strong reputation in these markets, low-loss high-capacity overhead quired Brand-Rex, Glenrothes, UK, and the products will remain brand- conductors, not only in Bangla- joining together two leaders in ed as Brand-Rex High-Performance desh, but also in India, Sri Lanka cable and network connectivity. In Cables. Learn more by visiting the and Papua New Guinea. 2018, Brand-Rex adopted Leviton as website below. www.global-sei.com its trading name, however, the legal entity remained as Brand-Rex Ltd. www.leviton.com/ns Daniel Zhang Appointed Today, Leviton announced that the General Manager at R&M legal name of Brand-Rex Limited BJG Electronics acquires Swiss cabling specialist Reichle has changed to Leviton Manufactur- Whitmor/Wirenetics; & De-Massari (R&M) has ap- ing UK Limited. The other European Announces new leadership pointed a new Gen- subsidiaries and branches have eral Manager for been renamed as well. BJG Electronics Group, Inc. (BJG), China. Daniel Zhang Ronkonkoma, NY, USA, and af- will succeed Sam “We are pleased that the suc- filiates, have acquired Whitmor/ Ho, who successfully cessful integration of Leviton and Wirenetics, Valencia, CA, USA, a directed the R&M Business in the Brand-Rex is complete,” said Bruno provider of high-performance wire, Chinese market over the last 11 Filio, Vice President of International cable and tubing to the military, years. R&M is also expanding its aerospace and satellite industries market presence in China, with for more than 50 years. the acquisition of Durack Intelli- gent Electric Co. Ltd., a premium Your single BJG Electronics Group also ac- manufacturer of enclosures for source supplier quired Connector Tech LLC, a Mon- modular data centers for the wire and tana, USA-based, value-added, cable industry distributor of high-reliability elec- www.rdm.com tronic interconnect products, earlier mholland.com 800-608-1577 this year. Extrusion Systems and Tooling for the Wire and Cable Industry Rick Flora, formerly President of BJG has been named CEO of the Technology that modernizes plant efficiency BJG Electronics Group. with increased productivity, reduced scrap “The combination of BJG, CTL and and quality that meets and exceeds Whitmor/Wirenetics completes the evolution of BJG from a regional www.tipsanddies.com connector specialist to one of the largest full-line distributors of mil- 505 Mill Street, Rome, NY 13440 Phone: 315-337-4161 Page 3

BUSINESS & MARKET REPORT January 20, 2020 NKT to Supply Onshore Power Cables to Expand Stockholm Power Grid Notebook NKT has been awarded a contract to Prysmian Group Signs Power Cable Agreements supply the high-voltage onshore power for Power Transmission Grid cables for the Beckomberga-Bredäng Prysmian Group, Milan, Italy, world leader in the energy and project in Stockholm, Sweden. In Au- telecom cable systems industry, has signed with Terna, through gust this year, NKT also won the sea- its subsidiary, Terna Rete Italia SpA, following the public tender, section of this project to replace over- two important power cable sys- tems agreements. head lines with 420 kV high-voltage AC Under the first contract, worth €50 million, Prysmian Group will power cables between the city quarters be responsible for development of an HVAC 150 kV power cable of Beckomberga and Bredäng. The full link between the Zuel and Som- prade electrical substations in project comprises one of the planned the province of Belluno. Installa- tion is scheduled to be complete expansions of the local power grid to for the power cables and rebuilding of by 2020 in view of the 2021 Alpine World Ski Championships meet a growing power demand. the substations. in Cortina. The Swedish Distribution System Op- The NKT contract value for the onshore erator, Ellevio, is one of three power power cable systems amounts to ap- system operators behind the project proximately €32 million corresponding “Stockholm Ström”, which was formed to approximately €25 million in stand- to ensure a stable and sufficient power ard metal prices. supply for future generations in the Combined with the sea-section of the Swedish capital, which sees a growing project won by NKT in August 2019, population. the total Beckomberga-Bredäng project The onshore power cable system is has a contract value for NKT of some awarded by Ellevio to NKT in a consor- €67 million (approximately €57 million tium with Craftor AB. NKT is to supply in standard metal prices. some 60 km of 420 kV high-voltage AC The onshore power cables are planned onshore power cables and carry out to be manufactured at the NKT factory jointing as well as termination works in Cologne, Germany, expectedly in of the power cable system. Craftor AB 2020 with anticipated project comple- will supply communication cables and tion in 2022.www.nkt.com provide civil works of these as well as The second award is for the aero interconnect components in wire and cable, connectors, back- development of an HVAC 150 kV North America,” said Flora. “The shells and related value-added cable system, aimed to improve combined BJG Electronics Group services.” the performance and increase line card now offers a true ‘one- the reliability of the power trans- stop’ solution for OEMs, harness BJG Electronics is a global sup- mission system in southern Italy. houses and box builders in the plier of interconnect and electro- The frame agreement is worth of military, aerospace and related mechanical products to the world’s €26 million, with an option for an harsh environment markets.” OEMs in the defense, commercial additional €26 million. aviation, business aviation, space, Additional leadership includes oil & gas and industrial markets. www.prysmiangroup.com Kent Smith, who will join BJG on February 3, 2020, and be responsi- www.bjgelectronics.com Phone: ble for integrating these companies. Peter Miller is the General Manager Ricardo Zangirolami to CEO +1 973 402 4098 of CTL while Mike McGuire is the of Sterlite Power in Brazil www.simpacks.com General Manager of WHITMOR/ Wirenetics. Mark Lee continues his Sterlite Power, the leading global position as Vice President of Sales. developer of power transmis- Lee said, “Joining the BJG Group sion, recently an- of Companies allows us to lever- nounced Ricardo age significant cross-selling op- Zangirolami as its CEO in Brazil. portunities from both geographic Zangirolami started his profes- and product standpoints. We now sional career in the legal area, have a comprehensive product set building a solid executive leader- and infrastructure in place to serve ship career in corporate affairs and customers coast-to-coast, including legal as well as playing important roles in M&A, sustainability, corpo- rate social responsibility, commu- Page 4

BUSINESS & MARKET REPORT Prysmian Enters Strategic Partnership with Dongfang January 20, 2020 Electric for 10 MW Offshore Mega Wind Turbines Notebook Prysmian Group, Milan, Italy, has “We are very proud to take part in the Jan Sørige Appointed been awarded a contract by increasingly strategic trans- WAI President for 2020 Dongfang Electric Corpora- formation of the wind power The Wire Association Interna- tional (WAI), Inc., Madison, CT, tion (DEC), one of the biggest industry”, stated Francesco USA, announces the appoint- ment of Jan Sørige as President state-owned enterprises in Fanciulli, Prysmian Group of the association for a one-year term China and one of the world’s Business Energy SVP. that commenced on January 1, 2020. largest power generation This award reconfirms Prys- Sørige will serve as chairman of the Board of Direc- equipment manufacturers and mian’s approach as a 360° tors and as the 67th President of the 90-year-old association. project contractors. partner in the renewable Sørige has been a WAI member since 1992. From 2009 to 2014, The contract includes the power industry, able to sup- he served as Chairman of the association’s Exhibition Planning supply of cables for DEC’s ply from turbine tower and Committee, which is responsible for planning the Interwire and newest 10 MW offshore wind nacelle cables, to inter-array WAI Operations Summit & Wire Expo events. In addition to his turbine prototype that will be installed and export cables, installation, project role as WAI President, Sørige will serve on its Conference in China Three Gorges Corpora- management and up to monitoring sys- Programming Committee, Exhi- bition Planning Committee and tion’s Xinghuawan wind farm in the tems and solutions. In 2019 the Group Oversight Committee. Sørige is President of Enkotec Fujian province, China. Cables will was awarded with several projects like Co., Inc., the USA business of Denmark’s Enkotec A/S, a be manufactured in the Group’s plant Provence Grand Large, Vineyard Wind, global supplier of machinery for manufacturing wire nails. located in Tianjin, China. DolWin 5, Hollandse Kust Zuid III & IV In addition to the WAI, Sørige is also a member of the Specialty The new mega-turbine is the first of and Empire Wind. Recently the Group Tools & Fasteners Distributors Association (STAFDA) and the this type in Asia and is developed for was awarded a global contract for the American Wire Producers As- sociation (AWPA). the offshore wind areas along China’s full year 2020 to supply wind turbine www.wirenet.org southeast coast. It can generate some tower and nacelle cables and assem- NIEHOFF ENDEX 4 GWh of power each year, reducing blies by Siemens Gamesa Renewable North America coal consumption by 13,000 tons and Energy. Your Worldwide Partner www.prysmiangroup.com For Non Ferrous Wire Processing Equipment carbon emissions by 3500 tons. 1 Mallard Court, Swedesboro, NJ 08085 USA nication and compliance, among company as its National Accounts other areas. Manager. Santoro is a seasoned Tel.: 856.467.4884 [email protected] sales professional and comes Fax: 856.467.0584 www.Niehoff-USA.com Prior to Sterlite Power, he served as Vice-president and Associate to Priority drawing General Counsel, Latin America & on more than 30 Canada, at HP and Hewlett Pack- years of sales experience, business ard Enterprise. Before that, among ownership and public speaking. others, Zangirolami served as Most recently, he held the positions Executive Vice-President Legal & of Regional Manager-Midwest, Corporate Affairs at CPFL Energy; Western Regional Vice President General Counsel & Corporate Af- and National Account Manager at fairs Director, Latin America, at In- Omni Cable. ternational Paper; General Counsel Santoro says he takes great at ABB Alstom Power, with the same pride in building relationships at all position also held at Elektro Energy. levels of electrical distribution. With a knowledgeable and enthusiastic Sterlite Power provides power approach in helping customers transmission technology with proj- identify opportunities throughout ects in India and Brazil. the USA, he will be tasked to drive growth and develop new business. www.sterlitepower.com In his role as Priority Wire & Cable’s National Account Man- Dave Santoro to National ager, Santoro will support Priority’s Accounts Manager at customers at a national level in the Priority Wire & Cable development and ongoing support in all markets from utility to industrial Priority Wire & Cable, a leading wire and cable. manufacturer of aluminum cable www.prioritywire.com and supplier of industrial wire and cable, has announced the addition of Dave Santoro who has joined the Page 5

BUSINESS & MARKET REPORT January 20, 2020 Kris-Tech receives the New invaluable and we regret his depar- York State Empire Award ture. We appreciate his assistance Notebook from Senator Joseph Griffo with this important leadership tran- sition and wish him the very best in Encore Wire Merges Reps New York State Senator Joseph his future pursuits.” SMTM & McCreary Sales Griffo recently visited the offices of McKinney, TX, USA-based En- Kris-Tech Wire in Insteel Industries manufactures core Wire Corpo- Rome, NY, USA, and markets prestressed concrete ration has merged to award Kris-Tech a New York State strand and welded wire reinforce- its Texas-based rep agencies, Empire Award. ment including engineered struc- SMTM and McCreary Sales. tural mesh, concrete pipe reinforce- McCreary has expanded its geo- The NYS Senate Empire Award ment and standard welded wire graphic footprint to now include was newly created to recognize reinforcement. east and central Texas along excellence in business. The award with north and west Texas, New is given to businesses that are www.insteelgcs.gcs-web.com Mexico and Oklahoma. SMTM leaders in their industry, are using employees transition to McCrea- innovative methods or products, Lear invests in ry Sales as part of the merger. are increasing jobs and economic Autotech Ventures SMTM’s Bill Hyle will support a growth and making significant smooth, effective transition until community contributions which Lear Corporation, Southfield, MI, he retires at the end of 2020. impact New York State. USA, a global automotive tech- nology leader, has www.encorewire.com Kris-Tech states that it thanks announced it has Taihan Wins Major Energy Senator Griffo for visiting the com- invested in Silicon Valley-based Project Contract in Sydney pany in person to deliver the award. venture capital firm, Autotech Ven- Taihan, South Korea will supply tures, in order to support startups 330 kV cable to TransGrid for its Kris-Tech is a vertically integrated in deploying revolutionary mobility Powering Sydney’s Future proj- wire manufacturer that produces technologies. The investment is be- ect. TransGrid is one of largest all material at its Rome headquar- ing made through Lear Innovation transmission utilities in Australia. ters where it draws, anneals and Ventures (LIV), which was launched Contract value is AUD 173 million twists copper rod into multiple wire one year ago, to identify advanced (KRW 143 billion). gauges, which are then insulated development teams and early with plastic compounds. stage technologies and provide di- Taihan will not only supply cables rect capital to innovation initiatives. and accessories, but also system www.kristechwire.com design, civil works, cable installa- Autotech Ventures’ portfolio tion, jointing and commissioning. Insteel Industries announces and investing activities are largely organizational change focused on software, services and www.taihan.com electronics startup companies Insteel Industries, Inc., Mount working to enable connected, au- Performance Elastomers Airy, NC, USA, has tonomous, energy-efficient vehicles CPE, CSM, CR, FKM, HNBR, EPDM recently announced and services. Lear’s investment ex- pands the company’s involvement (330) 653-8341 that Michael C. Gazmarian, the and commitment in the mobility www.liandacorp.com company’s Vice President, Chief technology ecosystem. Financial Officer and Treasurer, will be leaving the company to pursue www.lear.com other opportunities. Specializing in Equipment for the The company will immediately Wire & Cable Industry. initiate a comprehensive search • Appraisers • Auctions for his successor. Gazmarian will participate in this process and will • Individual Pieces or Entire Plants continue in his current capacity dur- +1.401.943.3777: phone ing the leadership transition. +1.401.943.3670: fax In commenting on Gazmarian’s e-mail: [email protected] planned departure, H. O. Woltz III, President and CEO, stated, “Mike's contribution to Insteel Industries over the past 25 years has been Page 6

BUSINESS & MARKET REPORT 2020 WHMA 27th Annual Wire Harness Conference January 20, 2020 The 2020 WHMA 27th Annual Wire OEMs and suppliers. The event also Harness Conference, takes place from includes peer-to-peer networking, best- Notebook February 18 to 20, 2020, at the JW practices roundtables and an exhibit hall US DOC Issues Affirmative Determination on AD of Marriott Las Vegas Resort & Spa in with industry-leading suppliers. Steel Staples from China Las Vegas, NV, USA. Over the past 26 annualconference.whma.org years, the WHMA Annual Wire Harness The US Department of Com- Conference has become one of few in- merce (DOC), Washington, DC, USA, has recently announced its vestments that provides the opportunity affirmative preliminary determi- nation in the antidumping duty to learn, grow, share and discover new (AD) investigation of imports of collated steel staples from China, approaches applicable to many aspects finding that exporters from this country are dumping collated of the wire harness industry. The event steel staples in the USA at a mar- gin of 301.64%. features timely presentations on top- As a result of this decision, the DOC will instruct US Customs ics important to wire harness makers, and Border Protection to collect cash deposits from importers of Wire Experts Group names of RF Industries, said, “We are collated steel staples from China Sean Toland as Executive VP pleased to report another strong based on the preliminary rate quarter with sales growth of 57% noted above. Wire Experts Group, Naples, FL, over Q4 of last year, reflecting the In 2018, imports of collated steel USA, the parent company to Pelican continued progress we are mak- staples from China were valued Wire and Rubadue Wire, has an- ing in the multi-year transformation at an estimated US$88.8 million. nounced Rubadue President, Sean of our business. During the fiscal The petitioner is Kyocera Senco Toland, will take on an additional year, we steadily grew our core Industrial Tools, Inc. of Cincinnati, title as Executive Vice President of distribution business, while also OH, USA. Operations for Wire Experts Group. completing a successful acquisition The DOC is scheduled to an- that broadened and strengthened nounce the final determination Toland’s new role positions him our product offering for the telecom, in this investigation on or about to oversee wire production at both data center and wireless markets. May 19, 2020. locations and implement process As we move into fiscal 2020, we If the DOC’s final determination is improvements across all business continue to put the pieces in place affirmative, the US International units. While based out of the Colo- to further build a platform for con- Trade Commission (ITC) will be rado location, Sean will also spend tinued growth including our recent scheduled to make its final injury a portion of his time at the Pelican acquisition of Schroff Technologies determination on or about July Wire plant in Florida. International and addition of talent 2, 2020. DOC will then issue an to our leadership team. And we re- AD order. www.WireExperts.com main focused on long-term growth to reach US$100 million in sales.” www.commerce.gov 57% Q4 sales growth at RF RF Industries, Ltd., San Diego, CA, www.rfindustries.com USA, a national manufacturer and Conference Calls/Webcasts... of interconnect products, announced an increase • Aptiv PLC, Dublin, Ireland, will release in fourth quarter net sales of 57% its fourth quarter 2019 financial results and year-over-year to US$15.5 million. 2020 outlook on January 30, 2020, and will Also Q4 net income increased 70% hold an investor call at 8 AM ET. year-over-year to US$782,000, or www.aptiv.com US$0.08 per diluted share. Robert Dawson, President\\CEO “Your one-stop supplier of high-quality, Quarterly Dividends Report... global-value, second-hand nonferrous • Freeport-McMoRan Inc., Phoenix, AZ, wire & cable equipment” USA, declared a cash dividend of US$0.05 100 Franklin Street per share payable on February 3, 2020, to holders of record as of January 15, 2020. Bristol, CT 06010  USA investors.fcx.com T: +1 860 583 4646 • F: +1 860 589 5707 • RF Industries, Ltd., San Diego, CA, USA, has E-mail: [email protected] declared a quarterly cash dividend of US$0.02 Website: www.wireandplastic.com per common share, payable on January 15, 2020, to stockholders of record on December 31, 2019. www.rfindustries.com Page 7

EVENTS & OPPORTUNITIES CRU Brings Global Cable vations that have been applied to January 20, 2020 Makers & Thought Leaders improve performance, increase ef- to London for First Time ficiency and sustainability. The CRU EVENTS Wire & Cable Conference will be held CRU, leading provider of cable at Leonardo Royal London St. Paul’s, February 1 – 6, 2020 news, analysis and consulting is to London, England. Readers can use IPC APEX EXPO 2020, San Diego, GA, USA  hold its 14th Wire & Cable Conference the discount code WCTI10 to receive www.ipcapexexpo2020.ipc.org from June 8 to 10, 2020. Attracting 10% off the current rates. over 200 key executives, the con- February 4 – 6, 2020 ference is well established as the www.bit.ly/2QZtUEW Argus Advanced Wire and Cable North America premier meeting place for the world’s events.crugroup.com Atlanta, GA, USA  cable makers and the insulated wire www.argusmedia.com/acna and cable supply chain. Taking place IPC APEX EXPO 2020 in London for the first time in its his- February 18 – 20, 2020 tory, the event is set to draw on even IPC APEX EXPO 2020 takes place WHMA Wire Harness Conference more market experts from across the from February 1 to 6, 2020, at the Las Vegas, NV, USA wider CRU business to the interactive San Diego Convention Center in www.whma.org • www.ipc.org discussions and networking. San Diego, CA, USA. Meetings and educational courses will be held from March 3 – 5, 2020 February 1 to 6, and the conference Cables 2020, Düsseldorf, Germany and exhibition takes place from Feb- www.ami.international/events ruary 4 to 6. March 24 – 26, 2020 Offered will be presentations IPC APEX EXPO is the largest event UL and IWCS China Cable & Connectivity Subscribe @ www.wiretech.com/overview.asp from leading global producers and for electronics manufacturing in North Shanghai, China consumers of wire and cable prod- America attracting more than 9000 www.ulandiwcschina.org ucts for the energy, communication, professionals from 45 countries. transport and automotive sectors; From the industry’s leading technical March 30, 2020 – April 3, 2020 representatives from across the conference and application-focused wire 2020, Düsseldorf, Germany copper, aluminum, optical fiber and professional development courses, www.wire-tradefair.com • www.mdna.com associated materials supply chains. to the innovation-driven exhibit floor, IPC APEX EXPO 2020 will be packed April 18, 2020 Streamed sessions will allow for with far-reaching ideas and insights. WCMA Distinguished Career Award event more in-depth discussion on insu- Hartford, CT, USA  www.wcmainc.org lated, winding and other specialty The event provides access to new wire and cable products produced material and process-related re- May 13 – 14, 2020 from copper, aluminum and optical search and best practices as well as Electrical Wire Processing Technology Expo fiber, coatings and the other materi- addresses real-world problems with Milwaukee, WI, USA als and inputs that impact the bottom practical advice to help you succeed www.electricalwireshow.com line for wire and cable producers, in your job. consumers and their supply chain. May 27 – 29, 2020 IPC APEX EXPO 2020 attendees Wire and Cable Guangzhou, Guangzhou, China The conference also represents will learn more about trending ma- www.wire-cable-china.com a chance to see the latest wire and terials, applications and processes cable designs and technical inno- such as Industry 4.0 and wearables. June 2 – 4, 2020 WAI Operations Summit & Wire Expo 2020 www.ipcapexexpo2020.ipc.org Uncasville, CT, USA  www.wireexpo20.com June 8 – 10, 2020 CRU Wire & Cable Conference, London, England www.wireandcableconference.com June 16 – 17, 2020 Polymers in Cables 2020 , Woburn, MA, USA www.ami.international/events September 23 – 26, 2020 wire China 2020, Shanghai, China www.wirechina.net • www.mdna.com October 11 – 14, 2020 IWCS 2020 Cable & Connectivity Symposium Providence, RI, USA www.iwcs.org October 14 – 16, 2020 M-EXPO Wire Processing Technology 2020 Juarez, Mexico  www.mexpowire.com October 26 – 28, 2020 CRU 2020 World Optical Fiber & Cable, Milan, Italy events.crugroup.com November 23 – 25, 2020 wire India, Mumbai, India www.wire-india.com • www.mdna.com May 10 – 13, 2021, 2020 Interwire 2021, Atlanta, GA, USA wwinterwire21.com Summer – 2021 wire Russia 2021, Moscow, Russia www.wire-russia.com September 22 – 24, 2021 wire Southeast Asia 2021, Bankok, Thailand www.wire-southeastasia.com • www.mdna.com October – 2021 wire South America 2021, Sao Paulo, Brazil www.wire-south-america.com • www.mdna.com Page 8