Meridiam agreed to acquire 66% of the Great Sea Interconnector project company, with IPTO retaining 34%, a step that could restart Nexans’ US$1.65 billion subsea HVDC cable contract between Crete and Cyprus.
LS Cable & System has reportedly secured a five-year agreement to supply busduct systems for Meta’s U.S. data-center projects through 2030, with Korean media estimating the deal at about $2.8 billion.
Canada’s CBSA issued preliminary dumping and subsidy findings on unarmored building cables from China, imposing provisional duties of 40.7% to 225.9%, with a CITT injury inquiry underway that could make them definitive.
Sonoco Products Co. is investing more than $25 million since 2024 to expand wood reel capacity in Hartselle, Alabama, and Jefferson, Texas, citing demand from AI data centers and grid modernization.
Canada’s border agency issued preliminary dumping and subsidy determinations on Chinese unarmored building cables, effective July 29, 2026, setting provisional duties from 40.7% to 225.9% while a CITT injury inquiry proceeds.
Wire Journal International (WJI) is the leading technical publication for the wire and cable industry.
Published monthly, WJI is written for executives, engineers, technical and sales professionals, and purchasing agents engaged in the manufacture of ferrous and nonferrous wire and cable.
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