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Wardwell Braiding Company Acquires Cobra Braiding Machinery

wirecable
Wardwell Braiding Company recently acquired Cobra Braiding Machinery and its assets, effective immediately. Nov 21, 2023 Mr. John Tomaz, Vice President of Wardwell Braiding Company, recently announced that the company has acquired Cobra Braiding Machinery and its assets, effective immediately. The announcement was made at the company’s headquarters in Rhode......
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KOCKS AND LAP Develop 4D EAGLE S to Detect Rolling Defects

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KOCKS and LAP have announced a far-reaching strategic cooperation. Under the name “4D EAGLE S”, the companies will present a hybrid measuring device offering bar steel producers a comprehensive profile measurement and surface inspection solution. Dec 15,2023 KOCKS Measure + Inspect GmbH & Co. KG and LAP Measurement Technology GmbH......
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Primetals Technologies Expands Workshop to 13,000 Square Meters in China

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Primetals Technologies’ facility has recently entered Phase 2 in a strategically planned extension that will further enhance the capabilities of Primetals Technologies’ Metallurgical Services organization. The Changxing branch measures close to 13,000 square meters including the approximate 5,900 square meters added in phase 2. Dec 20, 2023 Primetals Technologies’ facility......
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Outokumpu & Siemens Join Forces to Reduce Carbon Emissions

wirecable
Outokumpu and Siemens have joined forces to reduce carbon emissions in the production of medium-voltage switchgear. Outokumpu Circle Green®, with up to a 93 percent lower carbon footprint than the industry average*, will be used to produce medium-voltage switchgear. Dec 13, 2023 Outokumpu, the global leader in sustainable stainless steel,......
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Mehta Cad Cam Systems Private Limited Changes its Name to Mehta Hitech Industries Limited

wirecable
Mehta Cad Cam Systems Private Limited has changed its name to Mehta Hitech Industries Limited. The company has also embraced a new tagline ‘Growing With You’. Jan 1, 2024 Mehta Cad Cam Systems Private Limited, a distinguished player in the industry for more than three decades, has announced its transformation......
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Ravicab Cables-Acquired Leoni Cable Solutions India Rebranded as Elegar Kerpen, Targets 3-Fold Sales Growth by 2026-27

wirecable
Leoni Cable Solutions India, an Indian subsidiary of German company Leoni AG, acquired by Ravicab Cables and rebranded as Elegar Kerpen, is eyeing a three-fold sales growth by 2026-27. Oct 17, 2023 Ravicab Cables Private Limited acquired 100 percent equity in Leoni Cable Solutions India Private Limited (LCSI). Post divestiture......
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Japan’s Nippon Steel Set to Acquire U.S. Steel for USD 14.9 Billion in Cash

wirecable
U.S. Steel has been sold to Japan’s Nippon Steel for USD 14.9 billion in cash outbidding Cleveland-Cliffs,  ArcelorMittal, and Nucor. Nippon’s acquisition marks its move toward 100 million metric tons of global crude steel capacity, while significantly expanding its production in the United States. Dec 19, 2023 Japan’s Nippon Steel......
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India and Saudi Arabia Sign MoU in Electrical Interconnections, Green Hydrogen, and Supply Chains

wirecable
The MoU was signed between the Union Minister for Power and New & Renewable Energy, Government of India, Shri R.K. Singh and the Minister of Energy, Government of Saudi Arabia, Mr. Abdulaziz bin Salman Al-Saud on the sidelines of the MENA Climate Week in Riyadh. The MoU aims to establish......
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Radiance Renewables to Come Up with 150-MW Solar Project in Maharashtra, Seeks USD 90 Million Green Loan

wirecable
Radiance Renewables has secured a green loan of approximately USD 90 million for the development of its solar project in Maharashtra. The company has an operating capacity of about 500 MW with a target to increase its capacity to 2 GW in the next three years. Nov 2, 2023 Radiance......
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