U.S. Wire, Cable Manufacturing Demand Set to Grow through 2022

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Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. demand for wire and cable manufacturing will grow 7.9% through 2022, according to Hexa Research. The higher demand is a result of increased motor vehicle production; upgrades to aging domestic transmission and distribution networks; and the growing popularity among consumers for fiber-optic cables. Industrial Info is tracking $56 million worth of wire and cable-manufacturing projects in the U.S.

General Cable Corporation's (NYSE:BGC) (Highland Heights, Kentucky) $18 million cable wire-manufacturing plant expansion in Marion, Indiana, includes the construction of a 30,000-square-foot building at the 745,000-square-foot facility, and the installation of production lines and wire-drawing machines. Construction is expected to begin later this year and to be completed early next year. For more information, see Industrial Info's project report.

Prysmian Cable and Systems USA LLC's (Claremont, North Carolina) $20 million renovation of a fiber-optic cable-manufacturing plant in Claremont, North Carolina, entails overhauling the 1.09 million-square-foot facility and installing a vertical continuous vulcanization (VCV) production line. Construction is expected to begin in early fall of 2017 and to be completed in early 2018. For more information, see Industrial Info's project report.

Advanced Digital Cable Incorporated (Blairsville, Georgia) is at work on a $15 million expansion at a cable and wire-manufacturing plant in Blairsville, Georgia. Construction of a 100,000-square-foot building began this summer and is expected to be completed by early 2018. The company plans to sell its product to the traffic, RF communications, irrigation and renewable energy markets, among others. For more information, see Industrial Info's project report.

Southwire Company (Carrolton, Georgia) is planning a $3 million expansion at a copper wire-manufacturing plant in Denton, Texas, by adding a 42,000-square-foot building to the 548,500-square-foot facility. Construction began this summer of 2017 and is expected to be completed in spring 2018. For more information, see Industrial Info's project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.