Lake Cable Opens New Valparaiso Expansion
Lake Cable, a fourth-generation U.S. wire and cable manufacturer, officially opened its newest expansion onย October 16โaย 180,000-square-footย facility inย Valparaiso, Indiana. The new building, formerly owned by bearings producer Regal Beloit, sits adjacent to Lake Cableโs existing Evans Avenue plant.
Commitment to Community and Growth
โLake Cable is proud to be part of the Valparaiso community,โ saidย Bill Runzel, CEO of Lake Cable, during the grand opening ceremony alongside city, state, and local leaders. He added that the new facility allows the company to continue growing its successfulย industrial power insulated cableย business.
Since launching the Valparaiso operation in 2013, Lake Cable has expanded toย 368,000 square feet under roofย and employs nearlyย 200 local team members. In just the last two years, the company has invested overย $7.5 millionย in new production equipment. Over the next few years, Lake Cable plans to add new manufacturing lines and create more jobs for Valparaiso residents.
Facility Expansion Strengthens Operations
The Regal Beloit building had long been on Lake Cableโs radar. When it recently became available, the company saw the opportunity to enhance capacity and efficiency. The siteโs excellent condition and convenient location made it an ideal addition to support Lake Cableโs ongoing expansion strategy.
Leading the U.S. Cable Manufacturing Industry
Founded in 1995, Lake Cable employsย more than 620 peopleย across five locations inย Indianaย andย Illinois. The company designs and producesย UL-listed low-voltage electronic,ย industrial,ย utility,ย custom OEM, andย broadcast-qualityย cables. Its products serve a variety of industries that demand reliability and performance from their electrical systems.
Strong Values and Community Impact
Beyond manufacturing success, Lake Cable actively supports charitable causes and local events. The company contributes to organizations such asย MS Society,ย pediatric cancer foundations, andย Veterans Airlift Command. It also sponsors events like theย Runzel Brothers Spring Shootย andย MuckFest MS Chicago, reflecting its deep commitment to giving back to the community it serves.
By combining family-driven leadership, advanced technology, and community values, Lake Cable continues to power growth across the Midwest while maintaining a strong local presence in Valparaiso.
