Alcatel Submarine Networks (ASN), a business of Nokia, has signed a contract to supply the Southern Cross NEXT submarine cable the technology it needs to enable it to provide the lowest latency connection between major data centers in Sydney or Auckland and Los Angeles.

Per media reports, the $350 million Southern Cross NEXT project, based on an open-cable architecture, will provide an additional 72 terabits per second of capacity for Southern Cross customers, adding to the existing 20 terabits of capacity potential of the current Southern Cross systems. It is scheduled for completion in 2021.

The NEXT cable will be the largest capacity, lowest latency link between the U.S. West coast and Sydney and Auckland. The contract also includes key interconnecting infrastructure for the South Pacific, providing what Southern Cross says is a reliable direct information pipeline to connect those participating nations—Fiji, Tokelau and Kiribati—to the world, and greater options to the existing cables from Vanuatu, Samoa and Tonga connecting to Southern Cross today in Fiji.

The system will provide full fiber connectivity to Auckland, New Zealand, and will incorporate Branching Units (BU) and OADM technology for connections to Fiji, Tokelau and Kiribati. The Marine Survey was completed in 2017, and Sydney BMH and bore landing facilities were completed in 2018, along with landing arrangements in Los Angeles and Auckland.

MD ELEKTRONIK, based in Waldkraiburg, Germany, announced that it plans to invest $12.7 million in a new plant for making automotive cables in Vratsa, Bulgaria.

Per media reports, the company said that plans to build a production plant near Sofia, the capital of Bulgaria. There, the new entity, to be called MD ELEKTRONIK EOOD, will make data cables and electronic components. Production is expected to start in 2020, and will create some 300 new jobs.

"The location in Bulgaria and the associated increase in flexibility play an important strategic role in our global production network, in particular, for our customers in Europe," said Ralf Eckert, a member of the company’s management board. The Bulgaria location was selected for the good educational level, its central location, well-established infrastructure and logistical framework conditions, the company reported. The plant is in an industrial area that is close to the border with Romania, a busy area for numerous automotive manufacturers and system suppliers.

MD ELEKTRONIK also reported that it is expanding its Waldkraiburg campus, where it has begun construction of a new technology center with a total floor area of some 4,400 sq m. The completion and commissioning of the building are planned for 2019. This follows prior growth activity, which in 2015 saw MD ELEKTRONIK GmbH open sales offices in the U.S. and China. To strengthen its presence in the NAFTA area, it also founded MD ELEKTRONIK de México S. de R.L. de C.V. in 2015 and built a new plant in León (Mexico) that opened in 2016.

Mid Continent Steel & Wire has been granted most of its requested exceptions to trade tariffs of 25% imposed by the U.S. Department of Commerce (DoC) on steel wire from Mexico.

Per DoC and multiple media reports, the Missouri-based nail manufacturer—which is owned by Mexico-based Deacero—is the largest nail maker in the U.S. Prior to the impositions of the tariffs on June 1, 2018, the company had 500 employees, but went to less than 300 because it lost some 60% of business. With the majority of the requested exemptions approved, the company is now recalling some 50 employees.

Per Mid Continent, exemptions from Section 232 tariffs are rarely approved, which made the decision especially good news. "This is a great day for our workers, our customers, for Southeast Missouri, and for U.S. manufacturing," said Operations General Manager Chris Pratt. "We knew from the start that we qualified for the exclusions. Now, we can focus on making Magnum, the best nails in the world, here in Poplar Bluff, Missouri."

While Mid Continent can once again ramp up production, the company notes that the relief is only good for one year, so it will have to seek further exemptions. Pratt said the company cut about 60 temporary jobs and more than 140 other workers left over concerns about job security and were not replaced.

Last October, U.K.-based BT Cables Ltd., formerly a wholly-owned subsidiary of BT Group plc, was sold to the Wilms Group and renamed British Cables Company Limited (BCC). Under either name, the company has continued to be an industry standout, having now won the President’s Award 14 years in a row in the RoSPA Health and Safety Awards, a key U.K. recognition program.

“We are delighted to have once again been awarded the prestigious President’s Award from RoSPA,” Managing Director Kevin Samuel said in a press release. “This award proves that we are succeeding.”

Regarding the acquisition, Samuel described it in a prior press release as “one of the most positive developments in the company’s long history.” He noted that the Wilms Group is the biggest privately owned cable group in Europe, with more than 70 companies, some 7,500 employees and annual revenues exceeding 1.5 billion euros. British Cable Company will continue to be based in Blackley, Manchester. It has been operational for more than 120 years.