Dallas-based private equity firm Crossplane Capital has completed the acquisition of Distributor Wire and Cable (DWC), a distributor of specialty wire and cable products, for an undisclosed price.

A press release said that the company, founded in 2008 in Denver, Colorado, operates from its five warehouse locations nationwide to supply end users across the industrial, commercial, residential and utility markets. “Since founding DWC, we have focused on building a culture of growth and collaboration, and (this partnership) will help us continue that legacy,” said DWC Founder Bryce Huett.

Insteel Industries, which recently acquired the assets of Engineered Wire Products (EWP), has closed the EWP plant in Warren, Ohio, and will move production there to other Insteel plants.

A press release said that the Warren plant was part of the company’s recent $70 million asset transaction with EWC through its subsidiary, Insteel Wire Products Co. EWC operates wire drawing, welding and mesh fabrication facilities in upper Sandusky and Warren, Ohio.

The plan is to close the Warren facility, where work has ceased and some 35 positions were eliminated. Production there will be shifted to other Insteel plants. “Given the low capacity utilization levels at our Warren facility and the dim prospects for improvement, we believe this action is essential to reducing our operating costs and strengthening our competitive position” said Insteel CEO President and CEO H. Woltz III. Insteel is the nation’s largest manufacturer of steel wire reinforcing products for concrete construction applications. See p. 47 for more details about the company.

Nexans has won a contract from ScottishPower Renewables, part of the Iberdrola Group, to supply the export cable for East Anglia Two (EA2), a 960 MW offshore wind farm in the U.K.

A press release said that Nexans will supply and install approximately 100 km of 275 kV high-voltage subsea export cables and 55 kms of onshore cables. Production of the cable will be done at Nexan plants in Alden, Norway, and Charleroi, Belgium.

Installation work is scheduled to take place in 2027 and 2028, with the project set for completion by the end of 2028. The windfarm is located in the southern North Sea, some 33 km from the Suffolk coast, at its nearest point off Southwold. There are multiple projects involved, including one Nexans also provided the cable for. East Anglia Two, part of the East Anglia Hub, was approved in March 2022 jointly with East Anglia One North. It will host as many as 75 wind turbines. There is also an East Anglia Three. Nexans provided cable for a prior project.