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Wire Journal News

5/4/2022 –

Giovanni Spitale, a polymer processing and broader capital equipment industry veteran, has been named CEO of Davis-Standard. He most recently was vice president of commercial parts within Boeing Global Services. Prior to that, he was president of Customer Service and Support at Milacron. He replaces Jim Murphy who has been elected as vice chairman of the board of directors. The company also reported that it has elected to its board of directors Brian Marston, Bill Barker and John McGrath, each of whom has significant experience within Davis-Standard’s markets. Based in Pawcatuck, Connecticut, and a portfolio company of Gamut Capital Management, Davis-Standard is a global supplier of extrusion technology.

Earlier this year, International Wire Group (IWG) announced multiple personnel promotions. Vince Donaldson was named general manager of Owl Wire & Cable. His industry career began in 1985 at Camden Wire. He worked there for nearly 12 years, and was director of sales and marketing when the company was acquired by IWG. He continued as director of North American sales, and in 2004 became vice president of sales before his new assignment. Lenny Argentine was promoted to vice president of sales and marketing. He joined IWG in 1994 and has held various commercial roles across multiple International Wire divisions. He holds a B.A. degree in philosophy from LeMoyne College and an MBA from State University of New York at Oswego. Yulia Leskovets was named director of sales and marketing. She joined the IWG as a senior business development manager. She had previously worked in sales positions for Freeport-McMoRan and 3M. She holds a Master’s degrees in engineering, and in economics and management from Bauman Moscow State Technical University. Jennifer Fox was named director of marketing analytics. She joined IWG in 1994, and during her tenure has held multiple positions in manufacturing, production control, plant operations management and quality assurance. Kerri Grant was named director of customer service. She joined IWG in 1998, and throughout her career she has held various positions in finance, operations, quality, continuous improvement and manufacturing management. Stacey Ingraham was named vice president of human resources. She joined IWG in 2014, and during her tenure with the company, she spent three years in a manufacturing management role. Based in Camden, New York, the International Wire Group is the largest non-vertically integrated copper and alloy wire products manufacturer in the U.S.

UPCAST OY has named Janne Hosio as managing director. He joined the company in 2001 as a project engineer, specialized in electrics and programming, and over the following 21 years served in various roles where he became an expert in UPCAST® products and technology. He most recently had been sales director, responsible for all the global sales and marketing activities and customer relationships of the company. He will continue to be directly involved in sales. He holds an engineering degree from the Central Ostrobothnia University of Applied Sciences. Based in Pori, Finland, UPCAST OY notes that it is the original developer of the upward upcasting technology for making copper rod and tube.

As part of a management reorganization of Hitachi Cable America (HCA), the Performance Cable Systems and Materials Division (PCSMD) of New Hampshire and the High Performance Medical Solutions Division (HPMSD) of Rhode Island/Connecticut, reported the following personnel news. Paula Butkevich is senior vice president of sales and business development of the HPMSD. Robert Overton has been promoted to senior vice president of engineering & operations, a new position for the HPMSD. Jim Stocking has accepted the role of executive director of operations for the PCSMD. He joined HCA in 2010 as purchasing manager. Michelle Ferero has been promoted to vice president of human resources. John DiSalvo is vice president of finance for the (HPMSD) and the (PCSMD). Steve Schaeffer has been promoted to director of logistics. Sherry Moulton has been promoted to purchasing supervisor of PCSMD. Semko Bukvic will assume the interim process engineering manager role for PCSMD. Headquartered in Purchase, New York, Hitachi Cable America Inc. (HCA) is a subsidiary of Hitachi Metals, Ltd., a global manufacturer of cable products for the computer, automotive and aerospace industries.

Alain Lanjard has joined Champlain Cable as European district sales manager, a new direct position. Residing in Spain, he is tri-lingual, and has a B.T.S. degree in international business from the University of Vigo. He has many years of wire and cable experience in sales, marketing and business development roles with various companies. He most recently worked at BizLink. Based in Colchester, Vermont, Champlain Cable Corporation makes electrical wire and cable products.

The National Association of Manufacturers (NAM) has named Southwire President and CEO Rich Stinson to the company’s board of directors. He joined the company in 2015. Founded in 1895, the NAM notes that is the largest industrial trade association in the USA, with over 14,000 members, from small businesses to global leaders, in every industrial sector. n

The International Wire Group (IWG) announced that it has acquired Owl Wire and Cable (Owl Wire), a manufacturer of bare and tinned wire with three plants, from Marmon Holdings, Inc.

A press release said that the acquisition of Owl Wire, a family company founded in 1954, includes its three New York plants in Canastota, Rome and Boonville. It said that the deal will benefit both companies, expanding IWG’s global manufacturing footprint while enabling Owl Wire to add to its existing copper capabilities as a high volume, heavy bare and tinned wire supplier.

“This new partnership is a ‘win-win’ for the loyal customers and workforces of both IWG and Owl, and for the communities we are privileged to serve,” said IWG President and CEO Greg Smith. “By integrating Owl’s manufacturing capabilities and superior customer service into our already market-leading company, we will create a unique platform to serve current and future customers. The new IWG will continue to deliver high-quality, precise wire and cable products for mission-critical applications that power our global economy. We know the Owl team well, and are thrilled to welcome them to IWG.”

“We are thrilled to join the IWG organization. In doing so, the combination of IWG and Owl will bring an unparalleled benefit to the industry, one with the broadest and deepest capabilities to better serve our customers’ needs,” said Bob Raiti, president of Owl Wire and Cable.

IWG, which was acquired in 2019 by Atlas Holdings, notes that it is the largest bare copper wire and copper wire products manufacturer in the U.S.

Per a spokesperson, Owl Wire has about 180 employees. The company’s management team will remain in place at this time, and any operational changes made would be focused “around improving service levels to IWG’s loyal customers.” 

International Wire Group Holdings, Inc. (IWG)—which per its website is the largest bare copper wire and copper wire products manufacturer in the U.S., with operations in Europe—announced that it has agreed to be acquired by affiliates of Atlas Holdings LLC (Atlas) for $10.70 a share.

A press release said that IWG’s board of directors unanimously approved the transaction, and recommended that stock holders approve the deal. Atlas owns and operates 18 manufacturing and distribution businesses, with more than 17,000 employees and 150 facilities worldwide. Those sectors include automotive products and services, building materials, capital equipment, chemicals, construction, energy, equipment fabrication, industrial distribution, metals and metal fabrication, packaging and paper products.

The transaction, the release said, is also subject to approvals. If the deal goes forward, it would be expected to close early in the second quarter of 2019..

IWG, based in Camden, New York, with its subsidiaries, manufacture and market wire products that include bare and tin-plated copper wire, engineered wire products and high performance conductors for other insulated wire manufacturers and OEMs. It also has facilities in France, Italy and Poland.

Per its webpage, IWG—formed in 1995 through the combination of Wirekraft Industries and Omega Wire, joined that year by Ristance Corporation and Electro Components De Mexico—saw considerable growth in the following years. It expanded in 1996 with the addition of Dekko Wire Technologies amd Camden Wire in 1997, Spargo Wire and Italtrecce in 1998, Forissier in 1999, PD High Performance Conductors in 2006, Hamilton Products in 2008, Global Wire (Wyre Wynd, Negev, Montgomery Wire) in 2008 and Ffhoenix Cuivre in 2011.

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