OVERVIEW March 23 2020 Issue Flipbook Edition

March 23, 2020 Volume 23, Issue 3 INSIDE THIS ISSUE New Dates for wire 2020: December 7-11......2 Encore Wire Announces Expansion Plans WAI Webinar Features BASF/Chemetall..........2 Encore Wire Corporation, McKinney, TX, USA, reports expansion plans to be LAPP Expands Sales Network in Africa............2 made in two phases. Phase one sees construction of a new 720,000 ft2 facility Nexans Wins Award & Contract......................3 Molex Announces Custom Cable Creator......3 on the existing Encore campus. This facility will act as a ser- LS Cable & System Wins Contract....................4 vice center with modernized logistics to allow for increased Hradil’s New BFP Pushrod Cable.....................4 throughput and provide the bandwidth needed to capture incremental sales WCISA®’S Night Out In Germany: Dec. 6.........4 volumes. It will also allow competition at a higher level in the marketplace while Ducab Launches New Metals Subsidiary.......5 New Cables from Berk-Tek & Leviton.............. 5 further strengthening customer service and order fill rates. Construction should Prysmian Wins Contracts..................................6 be complete in Q2 of 2021. Phase two will focus on repurposing the company’s Wire Experts Group Leadership Changes.......6 existing distribution center to expand manufacturing capacity and extend market Fisk Alloy Acquired by Thermo Technologies.. 7 reach. Phase two completion is anticipated in 2022. IWG Completes Sale of HPC Unit to Teleflex... 7 Daniel L. Jones, Chairman/President/CEO, said, “This is an exciting time for Sales, Net Income, Dividends........................... 7 our employees, customers and stakeholders. Our two-phase expansion plans Cimteq’s Owens Wins IWMA Award................ 7 2020 EWPTE Postponed....................................8 will extend reach and increase manufacturing capacity to meet the growing needs of our customers. Our strong balance sheet and ability to consistently WAI Operations Summit & Wire Expo 2020 Speakers..............................8 generate high levels of cash flow will provide ample allowance to fund planned expenditures. Our business and the markets for our products remain strong Presented by: as evidenced by a 4.1% increase in unit volumes in 2019 compared to 2018.” In other news, Encore Wire reports that Donald E. Courtney, a Director on & the firm’s Board of Directors, will retire this year following 31 years on the Board. Courtney will serve the remainder of his current Board term and not stand for Initial Publications, Inc. re-election at Encore’s 2020 stockholders meeting. www.encorewire.com 1741 Akron Peninsula Rd, Wire & Cable Market to Reach US$220 Billion by 2025 Akron, OH 44313 USA Infinium Global Research, Pune, India, has recently published the global Tl: +1 330 864 2122 • Fx: +1 330 864 5298 report: “Wire and Cable Market (Type-Wire, and Cable; Voltage Type-Low Volt- www.wiretech.com age, Medium Voltage, and High and Extra High Voltage; Applications-Power Transmission and Distribution, Transport, Data Transmission, Infrastructure): Chip Lippincott Publisher Mike McNulty VP & Editor Jim Masar Senior Editor Global Industry Analysis, Trends, Size, Share and Forecasts to 2024”. The report Tom Hutchinson Global Sales Manager Subscribe @ www.wiretech.com/overview.asp estimates the market for wire and cable will reach up to US$220.9 billion, with Mike Dies Sales Representative a CARG of 4.4%,from 2018 to 2024. Sally Goss Sales Representative The wire and cable industry has graduated from being dominated by unorganized sector players to branded and quality international players. And while the industry is largely volume-driven, quality and technical parameters with reputed brands play a dynamic role in determining the demand for various products. In the power cables arena, the high voltage and extra-high voltage segments witnessed significant growth mainly due to acceleration in the implementation of ongoing projects in the pipeline. The demand for cable will be prompted by improvements in the telecommunications market as well as by the turnaround in electronic equipment shipments. The global wire and cable market are maturing and growing steadily, with increasing urbanization and rapidly growing building infra- structure around the world. Download a sample copy of the report at: www.infiniumglobalresearch.com Wire & Cable Stock Indexes % CHANGE % CHANGE since last issue YTD 2019 Extrusion Systems and Tooling for OVERVIEW 38 2382 -30.5 -33.1 the Wire and Cable Industry OVERVIEW Electrical 1950 -29.5 -31.5 Technology that modernizes plant efficiency -32.4 -35.1 with increased productivity, reduced scrap OVERVIEW Communications 488 -38.5 -43.3 and quality that meets and exceeds OVERVIEW Steel 194 www.tipsanddies.com • All data are from prices listed on the market on March 16, 2020. 505 Mill Street, Rome, NY 13440 Phone: 315-337-4161 Page 1

BUSINESS & MARKET REPORT March 23, 2020 LEONI ability to restructure already being implemented and, confirmed by experts in some respects, goes beyond it. = Notebook The ability of LEONI AG, Nürm- www.leoni.com New Dates for wire 2020 in berg, Germany, to re- Düsseldorf: Dec. 7-11, 2020 structure and that it is Leadership changes at Bekaert The wire 2020 trade fair, original- fully financed has recently been Matthew Taylor has for personal ly scheduled for March 30, 2020 confirmed by the expert opinion in reasons decided to retire from his to April 3, 2020, will now take accordance with IDW S6 published by the Institute of Auditors (Institut position as CEO place December 7 to 11, der Wirtschaftsprüfer). and Director of 2020, at the fairgrounds Bekaert as of May 12, 2020. in Düsseldorf, Germany. To ensure it is fully financed, Jürgen Tinggren, Chairman of This is Messe Düsseldorf’s re- LEONI has come to an understand- the Board of Directors, said: “The sponse to the postponement of ing with financing partners on mea- Board of Directors is grateful to Mat- the five-day event announced at sures to cover the liquidity require- thew for his leadership of Bekaert the end of February 2020, rela- ments. This will enable increased during a challenging period, and tive to the increasing spread of liquidity by at least €200 million, as his efforts to position Bekaert on the identified in December 2019, and path to renewed success.” the Coronavirus. For immediate release Bekaert COO, Oswald Schmid, www.wire-tradefair.com wasThe Wire Association International, Inc. a prerequisite for issuance of the expert opinion according to the will act as interim CEO, pending www.mdna.com S6 standard.Next WAI webinar covers wire industry automation; naming of a new CEO. As such, WAI Webinar Features Tchhemeicael bxatph eeffircitenocyponinMiaorcnh 25is, 20b20ased on a the Board of Directors will propose BASF/Chemetall MADISON, Connecticut, USA – March 6, 2020 – The Wire Association International (WAI), Inc. announces the restructuring concept for the years his appointment as member ofnext webinar in its education series: “Wire Industry Automation – Chemical Baths.” Presenter Bob Bodak, Director, Process Equipment & Engineering at BASF/Chemetall, will share insight on the new technologies that allow for monitoring and The next webinar in the Wire 2020-2022, jointly developed by the Board of Directors for approvalcontrolling manufacturing processes. The 45-minute webinar runs on March 25, 2020, at 11:00 a.m. EDT. WAI’s Technical Association InternatioAndvaisolr (WAI),Dane Armendariz LEONI and externalwill moderate the proceedings. experts, which by the Annual General Meeting of followsWEBINAR TOPICS: on from the VALUE 21 per- Shareholders, May 13, 2020. Inc. education series, formance and strategy program1. Methods to make chemical baths more efficient; www.bekaert.com on March 25, 2020, at 11 AM ET, is “Wire 2. Automation sampling, testing, addition of chemistries; 3. Data collection; and 4. Operator safety. Industry Automation– LAPP Expands Sales Network in AfricaChemical Baths”. Bob Bodak, According to LAPP, Stuttgart, Ger-This marks the second offering in this year’s relaunch of the Wire Association’s webinar series. Registration for this presentation is free. WAI members have access to the webinar archives through the association’s website: www.wirenet.org. Director, Process Equipment & many, all the indicators are pointing Engineering at BASF/Chemetall to growthTo register visit: http://bit.ly/ChemBaths . in the African market. This will share insight on new tech- is why LAPP this year continues itsTHE ORGANIZER The Wire Association International, Inc., founded in 1930, is a worldwide technical society for wire and cable industry professionals dedicated to the promotion, collection, and dissemination of technical, manufacturing, and general business information and trends in the industry. Throughout the year strategic sales network expansion.WAI organizes events such as the WAI Operations Summit & Wire Expo and Interwire trade shows, technical workshops and symposiums, the online nologies for monitoring/control-Industry Search, and annual International Technical Conference. Its publications and technical products include Wire Journal International (WJI) and the Andreas Lapp said, “Africa is anythingannual WJI Reference Guide, the HardWIRED e-newsletter and website, as well as a host of technical handbooks, webinars, and DVDs. ling manufacturing processes. -30- Webinar topics: methods to tbruietshaormeoaglreenaedoyuvse. rWy hdielevesloompeedc,ooutnh--Media Contact: Janice Swindells at Tel.: 203-453-2777, ext. 117 or [email protected]. make chemical baths more ef- ers are not even connected to a power LAPP Southern Africa in Johannesburg. ficient; automation sampling, grid. Some countries are currently a base to serve seven countries in southern Africa. At the end of 2019, testing, addition of chemistries; developing so rapidly that they are LAPP Southern Africa moved into data collection; and operator skipping whole stages of technologi- a new 2700 m2 site in Johannesburg. cal development. This makes access In North and West Africa, sales have safety. Visit bit.ly/ChemBaths to so far been handled by the Portuguese to this market a major challenge for us at LAPP. At the same time, we also71 Bradley Road • Ste. 9 • Madison, CT 06443-2662 USA • Tel.: (001) 203-453-2777 • Website: www.wirenet.org register. benefit from the enormous prospects company LAPP Policabos. In these www.wirenet.org that come with such diversity.” regions, LAPP is supported by sales The demand for connection solutions partners and local staff in Morocco, from LAPP is constantly growing. In Tunisia, Algeria, Egypt, Senegal, Ivory some regions of Africa, LAPP was able Coast, Ghana and Nigeria. to achieve up to 50% turnover growth To increase market opportunities in in the last financial year. The demand Africa, a separate sales company will is particularly high for automation, the be opened in West Africa. In the near food industry and the energy sector future, LAPP will also expand in East with expansion of power grids and the Africa. At the same time, LAPP’s net- use of renewable energies. work of partnerships and digital pres- Phone: LAPP has had a subsidiary in South ence are being continuously expanded. www.lappkabel.com +1 973 402 4098 Africa since 2010, which is used as www.simpacks.com Page 2

BUSINESS & MARKET REPORT Darrin Tyre joins Cerrowire as a Materials Manager at Manu- March 23, 2020 Director of Human Resources factured Assemblies Corporation (MAC). His broad-based experi- Notebook Darrin Tyre, SPHR, CLRL, SHRM- ence in automotive, telephone and SCP, PHR, is the power management businesses Nexans Wins Airbus Award new Director of provides a deep technical back- & Arabian Gulf Contract Human Resourc- ground in design and support of Nexans, Paris, France, has won es for Cerrowire, wire, cable, cord sets and surge the Electrics Sup- Hartselle, AL, USA. He will oversee protection devices. plier of the Year employee relations, hiring and re- award from Airbus for 2019 in tention and employee development Lentz holds three U.S. Patents: recognition of its overall perfor- programs for the company’s four U.S. Patent 5567181-low profile mance. Nexans previously won facilities across the USA. electrical plug; U.S. Patent D354941- Airbus awards in 2014, 2017 and lower profile housing for an electri- 2018 in different categories. As a new key member of the cal plug; and U.S. Patent D355890- Nexans was also awarded a senior leadership team, Tyre will rotatable, multiple electrical outlet significant contract to supply work closely with Cerrowire Presi- power stake. 180 km of 230 kV cables for the dent, Stewart Smallwood, depart- offshore Marjan increment de- ment heads and plant managers www.altexwireandcable.com velopment mega-project on the to ensure Cerrowire advances its eastern coast of the Arabian Gulf. business by hiring and retaining SEA management expansion Nexans will supply two lengths of those who are committed to the —organized for growth 90 km of 230 kV HVAC three-core company’s core values. submarine power cables with SEA Wire and Cable is excited an internal fiber optical element. www.cerrowire.com to share the reorganization of its executive team. www.nexans.com Mark Lentz joins ALTEX Effective immedi- as Sourcing Agent ately, the company has created a Molex Announces new position to support its aggres- Custom Cable Creator ALTEX, a custom manufacturer of sive growth initiatives. Molex LLC now provides the wire harness and cable assemblies, industry with its new Custom announces the addi- Jim Duggan is now Chief Growth Cable Creator. tion of Mark Lentz as Officer. This new position is a stra- Sourcing Agent. He brings over 25 tegic role that places full-time focus Molex offers a full range of con- years of engineering, operations, on new product development, entry nectivity products, services and materials and project management into new markets and strategic solutions for markets that include to ALTEX. customer integration/identifica- data communications, medical, tion. Duggan has shown a strong industrial, automotive and con- Lentz most recently served as pattern of growth leadership while sumer electronics. managing the sales team to year- Your single over-year, double-digit growth for www.molex.com source supplier over ten years. This role will allow for the wire and him the time to fully develop and NIEHOFF ENDEX cable industry implement our growth strategies. North America mholland.com 800-608-1577 Joe Denny is now Director of Your Worldwide Partner Sales. Denny has been instrumen- For Non Ferrous Wire Processing Equipment tal in supporting Duggan in SEA’s growth and was already a part of 1 Mallard Court, Swedesboro, NJ 08085 USA the Senior Executive Team. He will Tel.: 856.467.4884 [email protected] move to the Madison HQ in 2021. As Fax: 856.467.0584 www.Niehoff-USA.com Business Development Manager, Denny was already working with the sales group, mentoring sales- people and overseeing top cus- tomer and supplier relationships. www.sea-wire.com Page 3

BUSINESS & MARKET REPORT March 23, 2020 “WCISA®’S Night Out In Germany” Rescheduled for December 6, 2020 Notebook WCISA® is hosting its LS Cable & System Wins semi-annual member out- Middle East Cables Contract LS Cable & System has won ing in Düsseldorf, Ger- a turnkey contract for a sub- marine cable project worth ap- many, on the eve of the proximately US$85 million from opening of the wire 2020 Bahrain in the Middle East. The exhibition. company will supply Bahrain www.wire-tradefair.com EWA (Electricity & Water Author- Details are as follows: ity) with submarine cable to con- nect the 25 km between the main When: Sunday, December 6, 2020, island and Hawar Islands in the southeast of the main island. 6:00 to 9:00 PM other local appetizers and main dishes. LS C&S will handle the submarine portion of the connection on a Where: Brauhaus Joh. Albrecht, Homemade beers, house wines and turnkey basis from product sup- Niederkassler Strasse 104, Düssel- soft drinks. ply to electric works/installation works. The project is slated for dorf, Germany. This is a brewery and Cost: No charge for WCISA members completion in September 2021. restaurant in the Niederkassel section and their guests. www.lscable.com Hradil’s New BFP of Düsseldorf, on the west side of the RSVP: [email protected] Pushrod Cable Rhein River. This isCotnhtaect:same loca- www.wcisaonline.org Hradil Spezialkabel GmbH, tion as the last six WHoCwIaSrdAKiodourtfings in Bietigheim-Bissingen, Germany, is reportedly the first company Germany, Pioneer Co nsulting to present an almost completely [email protected]/lting.com break-resistant BFP pushrod Food & BeverageTse:lepGhoenrem: +a1 n978a3n57d3605 cable that can be adjusted for Pioneer Consulting addPsio neer ConsulSticnogpAeddps otortIftos lGioroiwnicnlguTdeianmgoAf GRlRoIbSalaEnxpderts various degrees of stiffness for Michael Logan toBoCstoonr,eMTasesaachmusetts, USRA,uFcebkruuasryN13e, t2w02o0—rkPsionseoerluCotniosunltsingincontthineueirs to expand its sewer inspection tasks. The new Pioneer Consusletaisnonged, tBeaomsotfoinnte,rnationnealwsubPmraorindeuficbterCopatitcaclaoblge .inEduxsptryloerxpeerttsh. eSince 2015, Mr. pushrod cable is made from MA, USA, continuesMicthoaeel Lxogpaan hnads beietsn an innteegwral pdaret tsoiagnnumabenr odf thine ftirumi’tsivpreojenctas avnidgPaio-neer Consulting a newly developed, high-tech seasoned team oifs nionwtepleranseadttiooinntraodlucetainodnw—elcopmlae hcime aas ancdorettreaamckmeomrbdere. rs, get basalt fiber-reinforced material. sBuapsepd ionrtht,e Udnoitewd Kninlogdaomd, Maichsapelebrcingss htoePieonteer Consulting submarine fiber optic www.hradil.de aanddivermse usecthof mskilols rfreo.m Fthine dtelewcomhmautniycaotiouns sector from cable industry ex- nsehiepbdoafrad srteeprre.sMentoatrioen ptoowproejercftupl lSanenainrgcahnd from cable Performance Elastomers fqirOPluetideociyyncrsceeslkeienrdylgyC’ towronedhpsesureorlutejlienilPcvtgtsi’oesc.nopreG-asoesrrtedccCitlniooeahnntmsiteousnllitppn.incM/rlgueigcdmhihinavageeneltanhhgfeaesesdWiebvetehdseeetn-,Acaforvimcitapanllea‘Ptsirsooenjtetocotf CPE, CSM, CR, FKM, HNBR, EPDM perts. Since 2015, bnaewckmtaorinme alinkkes tCo ocomnnmectSSceonepgeal.canodmCôatend'Ivoire to the Michael Logan has (330) 653-8341 been an integral part www.liandacorp.com of a number of the firm’s projects, and Pioneer Consult- eMveainnOnbeetctaeblre esxyspteemr.ieAns cpero.ject coordinator for Pioneer ing now introducesCaonnsudltiwng,eMlcicohamel ewass responsiblewforwdiwrec.tCinog tmechmnicSacl aonpd ceo.mcmoemrcial efforts that included him as a core team mproevmidinbg ererc.oBmamseneddations on program management, managing the project’s master schedule in the UK, he brings atos wPeliloans leiaiesornCwoithnt-he suRbmeamrineeceablWe syisrteem’&s suCppaliebr.le tshueltitneglecaomdimveurnseicastei“paoInrtnodnvoadisddfeidsnliisvgteiekoacrniyfltuloftslolorrsuhffairritsmooe aoammsjfospirsrtoSayjnesapccteternmmownaiimnntohatghuooeeumntrPeeacnncsuteifmaicsSnedrreenoegutnieoshgniwnc.leHiSeepnrceoitnasarg,koipsMnugwipacophbnoiatrebitzlleriihets&laiaelntfeoos dwftmopyathrcteoocllofenatsghtuereustce,tiawomne shipboard represenatraetdieolinghttoedptorhoajveecMtichael onR-beomardeweorkWingiwreith &us dCaya-tob-dleay ohnathsis eaxcpep-tional project,” planning and from sctaatebdlPeionreeecryCocnlisnulgting’s MpoaniangtinegdParStneetrhKeHithoSrchoowfieiltdz. as the new to project coordination. Outside Regional Sales Manager www.pioneerconsulting.com for Midwest USA and Canada. He CommScope unveils Specializing in Equipment for the its new website Wire & Cable Industry. • Appraisers • Auctions Three sites have become one. ARRIS and Ruck- • Individual Pieces or Entire Plants us are now part +1.401.943.3777: phone of CommScope.com. The compa- +1.401.943.3670: fax nies says they are putting the power of possible right at your fingertips. e-mail: [email protected] Discover the expanded Comm- Page 4

BUSINESS & MARKET REPORT Ducab Launches New Metals Subsidiary March 23, 2020 Ducab, United Arab Emirates (UAE), the region to provide both copper and Notebook one of the UAE’s largest manufactur- aluminum solutions, will be focused on Berk-Tek’s New Category ing businesses, is consolidat- serving the needs of all its cus- 6A Small-Diameter Cable ing its metal operations into a tomers —principally companies Berk-Tek, a Nexans Company, introduces LANmarkTM-SST, a new subsidiary, Ducab Metals in the electrical manufacturing new high-performing, small- diameter Category 6A cable. Business (DMB), a dedicated industry. DMB will have capac- LANmark-SST is the smallest diameter business unit within the Ducab Group ity to design solutions, which will be Category 6A CMP UTP construction of companies supplying “Made in UAE” made in DMB’s existing copper rod and available, at 0.25\". Reduced diameter offers better flexibility, copper and aluminum solutions. Du- aluminum factories, both of which are optimized cable management and improved tray-fill ratio than cab Aluminium Company (DAC) and based in Abu Dhabi, UAE. average Category 6A cable, www.dmb.ae making it ideal for high-density Ducab Copper Rod Plant, which have installations. over 160 employees between them, www.berktek.us are included under the DMB umbrella. Leviton Introduces 24 AWG Cat 6 U/UTP Copper Cable Today, DMB exports 75% of its produc- Leviton, Golenrothes, UK, offers tion to more than 35 countries in the new 24 AWG Cat 6 U/UTP Cables in EuroClass Dca, Cca and B2ca wider Middle East, Africa, Asia, Europe fire ratings, add- and the Americas. In 2019, Ducab’s ing to the com- pany’s extensive selection of copper and aluminum business gen- Category 6 cabling systems. The cables combined with Levi- erated over AED2 billion in revenue. ton Atlas-X1™ and eXtreme™ connectivity, provide a complete DMB, a stand-alone company within end-to-end system from a single provider. The new cables have a Ducab Group and the only company in small diameter, which allows for improved air flow in cable trays is responsible for managing the America, announces the launch of and conduits. They have no cen- manufacturer’s rep firms, distribu- its completely revamped website. tral cross filler for environmental tors, dealers and other customers benefits and greater flexibility. in his territory. He will team up with Superior Essex has rebuilt its www.levitonemea.com Harley Kelter, Inside Sales Service, entire website from the ground to support development of Remee’s up, focusing on its long legacy of re-branding throughout this integral innovation, future-forward cabling part of Remee’s sales growth plan. solutions and industry-leading sustainability efforts. Also, Remee has added capa- bilities to make hybrid composite www.superioressexcommunications.com constructions with fiber optic and copper cable under one jacket. Global wire harness Remee also expanded its insulation market growing by 5% and jacket compound offerings to include cross-linked polyethylene Technavio now offers its latest (XLPE) and Zero Halogen. market research report titled, Global Wire Harness Market 2020-2024. www.remee.com Superior Essex revamps website The report says the global wire Superior Essex Communica- harness market is poised to grow by US$33.95 billion from 2020 to 2024, tions, Atlanta, GA, USA, the lead- progressing at a CAGR of over 5% ing manufacturer and supplier of during the forecast period. The communications cable in North market is being driven by increas- ing automotive sales. Investments “Your one-stop supplier of high-quality, in telecommunication infrastructure global-value, second-hand nonferrous are also anticipated to boost the growth of the wire harness market. wire & cable equipment” 100 Franklin Street www.technavio.com Bristol, CT 06010  USA T: +1 860 583 4646 • F: +1 860 589 5707 E-mail: [email protected] Website: www.wireandplastic.com Page 5

BUSINESS & MARKET REPORT March 23, 2020 Wire Experts Group Completes Leadership Realignment As part of a new, unified corporate Additionally, a previous Notebook management structure, Wire Experts member of the organi- Prysmian Wins Contracts Group (WEG), Naples, FL, zation’s Engi- Prysmian Group, Milan, Italy, has signed with Terna, through USA, which is the parent neering Team its subsidiary, Terna Rete Italia SpA, two power cable systems company to Pelican Wire & Production contracts. The first is for a High Voltage Alternate Current 220 kV and Rubadue Wire, has recently Planning Manager, Kevin cable system covering the Italian route of the Italy-Austria cross- announced the newest members of Clements, is now the Global Supply border interconnection, between the Glorenza and the Nauders the WEG Leadership Team and their Chain Manager. substations, that should start operating by 2022. It is worth respective roles. White, Skorupa and Clements will €40 million with and option for an additional €10 million. Brinson White, previ- report to Sean Toland, Executive Vice ously Director of Engi- President of Wire Experts Group. neering at Pelican Wire, The other members of the Wire Experts will now lead the Engi- Group leadership team include Ted neering & Maintenance Bill, who is Chief Executive Officer teams at both Pelican (CEO) and Susan Smith, who is Chief Wire and Rubadue Wire under the title Financial Officer (CFO). of WEG Director of Engineering. Ted Bill said, “Mike, Brinson, and Kevin Mike Skorupa, Qual- represent some of our group’s best and ity Manager at Rubadue brightest minds. For us, this is a natural Wire, has been named move in order to embed high-quality Director of Continuous standards and engineering excellence Improvement across all across our entire company.” business units. www.WireExpert.com The second contract, worth some LAPP receives important trade fraternity constituents. The €40 million (with an option for ad- certification for Asia Polycab Experience Centre show- ditional €40 million) and related cases the company’s entire range to the turnkey supply of 220 kV LAPP has received certification for of product offerings. HVAC cable systems, is a frame the CC-Link IE standard for ETHER- agreement valid until 2022, LINE®. This international standard www.polycab.com aimed at supporting the needs of for sensor/actuator networks was the power transmission systems developed by Mitsubishi Electric Executive Officer change in southern Italy. and published as an “open” net- at Sumitomo Wiring Systems Prysmian also won a contract work. CC-Link is the leading protocol worth over €150 million by Ré- in Asia. CC-Link is widely used as Sumitomo Wiring Systems of seau de Transport d'Électricité a standard, especially in China, Japan has announced a change to (RTE) for development of two sub- Korea, Taiwan and Japan. an Executive Officer appointment. marine and land export power cable systems to connect the “The Asian market is very impor- As of April 1, 2020, Executive Vice offshore wind farm between the tant for LAPP. That’s why we also President is Kenichi Urushibata, the islands of Yeu and Noirmoutier to former Managing Executive Officer the French mainland power grid. need to offer of Sumitomo Electric Industries, Ltd. certified prod- He will also continue as Director of www.prysmiangroup.com ucts,” said Georg Stawowy at LAPP. Sumitomo Wiring Systems, Ltd. www.lappkabel.com www.sws.co.jp Polycab India launches Experience Centre & NEMA appoints Peter Tolsdorf Branch Office at Trivandrum General Counsel/Corp Secretary Polycab India Limited inaugu- NEMA, Rosslyn, VA, USA, has rated Polycab Experience Centre & Branch Office at Trivandrum, You need it—We have it! the capital of Kerala State. Kunal 802.773.9111 Jaisinghani, Head-Agri Products, inaugurated the facilities at Manalil www.carris.com Heights, with senior management [email protected] team members, prominent busi- ness associates and influential and Page 6

BUSINESS & MARKET REPORT Cimteq’s Alun Owens Wins IWMA Young Person Award March 23, 2020 As part of its 50th anniversary this and his name and that of Cimteq are Notebook year, the IWMA is being promoted to hundreds of IWMA Fisk Alloy Acquired by Thermo Technologies celebrating its Wire member firms, globally. Fisk Alloy, Inc., Hawthorne, NJ, USA, and Thermo Technologies, & Cable Industry Along with being under age 30 and with Annecy, France, have announced that Fisk has agreed to be ac- Young Person of the Year Award. Cimteq for at least 12 months, Owens quired by Thermo Technologies in a strategic combination designed Cimteq is delighted to announce that had to display a number of qualities to to create a global expert in high- performance copper alloy wires. Alun Owens, one of its newest Sup- qualify: significant/sustained contribu- By combining the strengths of Thermo Technologies and Fisk, port Team Leads, has been announced tion to his organization and colleagues; the companies believe they can leverage their respective tech- as the award winner. above and beyond commitment to nologies and enhance their ability to innovate, provide better prod- The cable industry, like many others, company objectives; and enthusiasm ucts and deliver increased value to customers. The acquisition has found it difficult to recruit staff at for professional development. transaction is expected to close www.cimteq.com at the end of the Q1 2020. the skills levels needed to build the www.fiskalloy.com smart factories of the future. This new www.thermo-technologies.com awards program wishes to reflect the IWG Completes Sale of HPC Unit to Teleflex efforts of the next generation of talent. International Wire Group, Inc. (IWG), Camden, NY, USA, manu- Owens was announced as winner at facturer of copper wire products for a range of industries, has the IWMA Industry Lunch at Mere completed the sale of IWG High Performance Conductors, Inc. Golf Resort and Spa, Knutsford, UK, (HPC), Trenton, GA, USA, to Tele- flex Medical OEM LLC, a sub- in February. He wins a prize of £500 sidiary of Teleflex Inc., a maker of medical technology products Sales & Ne t Income Table Net Income serving hospitals, healthcare providers, medical device makers Company Sales %∆ (Net Loss) %∆ and the home care market. Encore Wire Corporation 302 -5.4 11 -58 www.internationalwiregroup.com n/a CommScope Holding Company, Inc. 2299 117 (451) -140 The Only Partner -96 You Need for Houston Wire & Cable Company 82 -6.4 (0.6) Fluoropolymer Compounds & Resins RF Industries, Ltd. 12 16 0.3 Latest Quarterly Sales/Net Income data in US$ millions. % ∆ relative to 2019 quarterly data. named Peter Tolsdorf as NEMA R&M continues growth strategy General Counsel/Corporate Secre- R&M of Switzerland continues its tary. He assumes responsibility for NEMA’s legal compliance program, growth strategy, closing business litigation and internal NEMA policies year 2019 with a 4.4% increase (ad- and procedures. Most recently a justed for currency effects, growth VP with the National Association is 6.8%). The company had sales of Manufacturers (NAM), Tolsdorf is of CHF 276.7 million. Operating a seasoned legal counsel with ex- profit (EBIT) declined marginally pertise in promoting manufacturing due to high investment costs for industry objectives on energy, envi- the integration of newly acquired ronmental issues, product liability, companies and for the expansion labor/employment law, workforce of the market organizations. For five challenges, intellectual property, years, R&M has seen continuous, corporate governance and trade. solid growth, and in 2019, was once again above the industry average. www.nema.org www.rdm.com Quarterly Dividends Report... Get any filled PTFE or melt processable • Encore Wire Corp., McKinney, TX, USA has compound – anywhere declared a cash US$0.02 cash dividend to be in the world. paid Apr. 17, 2020, to shareholders of record on Apr. 3, 2020. www.encorewire.com AGC wsupwporwts y.aougwcitchh: em.com • Insteel Industries, Inc., Mount Airy, NC, USA, has declared a quarterly cash dividend of US$0.03/share, payable Mar. 27, 2020 to shareholders of record on Mar. 13, 2020. www.insteelgcs.gcs-web.com • RF Industries, Ltd., San Diego, CA, USA, declared a cash dividend of US$0.02/share payable Apr. 15, 2020 to shareholders of record Mar. 31, 2020. www.rfindustries.com • Compounds customized to Page 7 your specific needs • Patented compounding processes • A state-of-the-art technology center

EVENTS & OPPORTUNITIES 2020 EWPTE Postponed & Cable Co., June 3, 2020. March 23, 2020 The Wisconsin Center Dis- “New Dynamic Die Alignment EVENTS trict and Expo Productions Inc., Methods Along with Other Production have postponed the Electrical Wire Processing Technology Expo Improvements” by Gil Baker, PhD, April 18, 2020 - POSTPONED TBD (EWPTE) scheduled for May 13 and Confident Instruments, Inc., June 3. WCMA Distinguished Career Awards 14, 2020 in Milwaukee, WI, USA. This Hartford, CT, USA  decision is in adherence to updates “Manufacturing Next Gen” by www.wcmainc.org from the CDC to contain the spread of Kathleen Edge, Exec. VP, Operations, the Coronavirus in the USA. Resched- Southwire Co., LLC, June 4, 2020. May 13 – 14, 2020 - POSTPONED TBD uling is hopeful for early fall 2020. Electrical Wire Processing Technology Expo www.electricalwireshow.com “Winning the Fire Drill: A Superior Milwaukee, WI, USA Approach to an Industry 4.0 Trans- www.electricalwireshow.com WAI Operations Summit & formation” by Dr. John Carrier, Sr. Wire Expo 2020 Speakers May 27 – 29, 2020 Wire and Cable Guangzhou The Wire Association Interna- tional (WAI), Inc. announces the Lecturer, MIT Sloan School of Man- Guangzhou, China keynote and featured speakers for its www.wire-cable-china.com biennial Operations Summit & Wire agement, June 4. Expo, to be held June 2 to 4, 2020, at June 2 – 4, 2020 the Mohegan Sun Resort & Casino Wire and CableMainstay presentations include in Uncasville, CT, USA. Wire and CablWAI Operations Summit “Fundamentals of Wire Manufactur- Award-winning documentary & Wire Expo 2020 filmmaker, Brett Culp, delivers the Uncasville, CT, USA  opening keynote address on June ing” course on June 2, 2020. 3, 2020. His presenta- tion will convey a clear Customized CompoundCsustomized C“Production Solutions Demon- message: Everyone has www.wireexpo20.com a superhero within. His June 8 – 10, 2020 insights connect people to an organi- zation’s mission to realize their great- stcErauCtsiCotonmwosfif”wzeoerwsnd.tweJouliatrnheseeteox3wmpiareoenr2icad0no.4cdr,opc2mao0bly2loe0le.mfianrkbeatsaeLwJCoudRbwnnUdrwecooW.o1wna6imr,ierd–Eenp&a1pg7noCl,odaua2cnrba0ndtlfb2e dol0eCsl icooEconnuCfoef serfCret eonncmoceef .if cze oerm sdteolathsetowmireericanodr cable est personal and business potential. polyole pwlvuaiortiecllitzaeeCgdienhffiolSnaremampee2tdre0eiumt2am0rbd/heatigonrhtatavaspokppltleailcaga entionansesdwinecllluadswPWoiwonclybwegmu.r:aretnmra,sMii.inninAtCl,eoaUrnbwSalAeti so2nvu0aot2l/i0lleit zvaeegndte s f fola rmmeedreiutamrd/haignht avpopltlaicgaetioa On June 4, 2020, Adam Schefter September 23 – 26, 2020 will share his insights on the NFL ŸAcEcPoRrdCinogmtpoouMnedssse Düsseldorf and discuss why some hwGiŸmibreibtiECoaHlnnhadiasn(tSTnoahhdma2eeMr0nmr2giceo0h,spCaswleair)oislClstDibcsoüle.iCns, skohLeatmedblldpd.le,oo,urfndEsx- wire China 2020 Ÿ EPR Compounds “teams” are more likely Swhwawng.whiarei,cChhininaa.n et Ÿ E las t omeric, Crosslinkable, to succeed. Schefter is wOcwtwob.merd1n1a–.c1o4m, 2020 an d T hermoplastic Compoun an NFL Insider at ESPN inŸShaFnlagmheaiR, Cethairndaa,nftroamndSHeapl-ogen Free CIoWmCSp2o02u0nCdasble & CŸonnFecltaivmity eSymRpeotsaiurmd an t and Halogen and seen on NFL-related programs. Providence, RI, USA teŸmbMeroi2s3tutroe 2C6ro, sasslinskcahbeeduCloemd.pounds Featured presentations will in- www.iwcs.org Ÿ Moisture Crosslinkabe Compo clude “Commitment to Continuous Ÿ FR Mwawswte.rwbairtecchheisna.net Improvement” by David Fisher, October 14 – 1P6ro, c2e0s2Ÿs0in g FTeRc hnMolo agsyt2e0r2b0a tch es President/CEO, James Monroe Wire M-EXPO Wire CŸRUInWsuilraetio&n, CJaacbkeletinCg,onference Jwuwarwe.zm, Mexepxoicwoi re.comŸ In sula tion, Jacketing, to Hoansdt BSetrdadtineggCicomDpisocuundsssions October 26 – 28, 2020 an d B edding Compounds CRU, leading provider of cable CRU 2020 World Optical Fiber & Cable news, analysis and consulting will Milan, Italy events.crugroup.com hold its flagship CRU Wire & Cable November 23 – 25, 2020 Subscribe @ www.wiretech.com/overview.asp Conference at Leonardo Royal Lon- wire India, Mumbai, India www.wire-india.com • www.mdna.com don St Paul’s, London, England, from December 7 – 11, 2020 wire 2020 June 8 to 10, 2020. Düsseldorf, Germany The CRU Wire & Cable Confer- www.wire-tradefair.com • www.mdna.com ptfoehannoecctteeufeunnrtietwuniarrgiglel1lyai0ohmng8fopdrfswiiRbadttwraecscatdrwtadroota.beeEftclD.eelBThergrendcievilctoe:exrlvi+i,odcte1NCgiolsoya2nacpuu0bammgl3snesa-daeC7itonnut2ohntuc3msesk-,-p,2oC5u9Tn0wIAMAMAntrt0dtwllaageaa6yrwursnncwstt..17haaii0cnAr,,73etode–GG02v–rmAA1wa034,,n2Ui,rUU,c1e22 eSSS20AA0d12.2A cW11o imre & C able 1N o0r8th AwRmwaedrwicoa.E Dl Terecivlt:eri+,c1NCa2au0bgl3ea-C7t www.argusmedia.com/acna www.crugroup.com/events Quality Compounding for Quality Compounding for the Wire & Cable Industry the Wire & Cable Industry TOTAL PRINTING SOLUTIONS 108 Rado Drive, Naugatuck, CT 06770 108 Rado Drive, Naugatuck, CT 067 Tel: +1 203-723-2590 Tel: +1 203-723-2590 GEMGRAVURE.COM 781.878.0456 www.ElectricCableCompounds.com www.ElectricCableCompounds.com Page 8