Prysmian has completed a $63.8 million expansion of its Du Quoin, Illinois plant, adding 100,000 square feet of manufacturing space, 80 new jobs, expanded EV and renewables cable capacity, and a new solar farm that now supplies about half of the facilityโs power under Illinoisโ REV program support.
Riyadh Cables Company has signed a sixโmonth, nonโbinding MoU with Syriaโs sovereign wealth fund to manage, operate, and upgrade Syrian Modern Cable Company, localize technical knowโhow, and boost Syriaโs power and electrical cable manufacturing capacity as part of wider postโconflict reconstruction efforts.
ZTT Group plans to invest about $100 million in an 80,000โsquareโmeter cable manufacturing facility at Saudi Arabiaโs Ras AlโKhair Port, with annual capacity of 500 km of submarine cables, 500 km of terrestrial cables, and 12,500 km of fiberโoptic cables to support energy, digital, and logistics ambitions.
Nexans has taken a minority stake in French AI start-up Sensewaves, investing alongside American Electric Power to accelerate deployment and global expansion of Sensewavesโ Adaptix.Grid platform, which unifies fragmented utility data to deliver real-time LV and MV grid visibility, optimization, and situational awareness across the full grid lifecycle.
Italtrecce Srl, part of International Wire Group, has acquired Italian specialty conductor supplier Special Corde Srl, expanding IWGโs capabilities in transformer, motor, and electrical infrastructure applications and positioning the group to better serve accelerating global electrification and gridโmodernization projects.
Wire Journal International (WJI) is the leading technical publication for the wire and cable industry.
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