In addition, they are highly skilled in aluminum rod manufacturing and have built a state-of-the-art facility in China that is successfully penetrating the domestic construction cable market.” “Alcan Cable's Stabiloy and Nual brand names are the gold standard for quality, packaging and service in the North American aluminum cable industry. ![]() “I have long admired Alcan Cable and their singular and long-standing focus on being superb at their craft,” said Greg Kenny, president and CEO of General Cable, in the release. In its press release announcing the agreement, General Cable focused quite a bit on Alcan's new manufacturing facility in China - a 430,000-square-foot, vertically integrated manufacturing plant in Tianjin, along with eight regional sales offices. General Cable estimates the acquisition will add $650 million or more in annual revenues at current metals prices. The company has about 1,050 people employed in its manufacturing and distribution facilities to serve the energy and construction markets in the United States, Canada, Mexico and China. market for insulated wire and cable, according to the Copper Development Association, but aluminum dominates in overhead transmission and distribution cable.Īlcan Cable's lead brand is its Stabiloy line of feeder cable. Copper holds about 78 percent of the U.S. ![]() Over the past century, the two companies grew up as competitors on opposite sides of debate over copper versus aluminum wire. ![]() In a move to add aluminum wire to its electrical offerings, General Cable Corp., Highland Heights, Ky., has agreed to acquire Alcan Cable, the Atlanta-based manufacturer of wire and cable owned by Rio Tinto Plc, for $185 million in cash.
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