CMI: Ready for Its Share

wirecableFebruary 9, 2016July 5, 2021

February 9, 2016July 5, 2021

With constantly improving balance sheet, inflating range of products, and two notable acquisitions in recent past, CMI seems set for its bon voyage in the growing wire and cable industry. Incorporated in 1967, CMI initially was engaged in copper metal trade and copper melting and rod casting. In 1980, the......

General Cable Corporation Completes the Acquisition of Alcan Cable China

wirecableJanuary 4, 2013January 8, 2013

January 4, 2013January 8, 2013

December 3, 2012 General Cable Corporation announced that it has completed the acquisition of Alcan Cable China. Alcan Cable China represents approximately 10% to 15% of overall revenues of Alcan Cable. “Alcan Cable China has a 430,000 square foot, vertically integrated manufacturing plant in Tianjin, China and ten regional sales......

General Cable Corporation to Acquire Alcan Cable

wirecableJune 8, 2012June 11, 2012

June 8, 2012June 11, 2012

May 21, 2012 General Cable Corporation announced that it has agreed to acquire Alcan Cable, the wire and cable business of Rio Tinto plc. The purchase price is $185 million in cash, subject to customary adjustments primarily related to working capital levels at closing as provided in the definitive purchase......