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Epsilon Composite has taken a major step in expanding its presence in the power transmission sector with the opening of the French company’s subsidiary, HindEpsilon Composite, headquartered in Chennai, India, and incorporated in October 2025.

A press release said that HindEpsilon Composite will focus on manufacturing high-temperature, low-sag composite core conductors (HVCRC®) designed to increase the capacity, efficiency, and reliability of overhead power lines. The subsidiary is the first step in Epsilon’s plan to establish a local factory in India that will produce composite cores and other high-performance parts, supporting the Indian government’s “Make in India” initiative.

Epsilon Cable, through HindEpsilon and collaborations with local partners, has already secured significant reconductoring projects in Indian states such as Uttar Pradesh, Uttarakhand, and Assam. The subsidiary has engaged with key Indian power sector stakeholders, including the Ministry of Power, Central Electricity Authority (CEA), and Power Grid Corporation of India Ltd. Epsilon has also formed strategic partnerships with Indian stranders such as Transrail Lighting Ltd., Lumino Industries and Shashi Cables Ltd. to help supply and deploy HVCRC technology across the country.

Epsilon Composite’s headquarters and primary manufacturing facility remain in Gaillan-en-Médoc, France, where the company produces pultruded carbon fiber composite cores used in high-voltage conductors worldwide. It has regional offices in Japan, Central Europe, Mexico, and Italy, and HindEpsilon Composite will be the key subsidiary involved directly in wire and cable manufacturing and local production in India.

Epsilon has strategic partnerships with Indian stranders, including Transrail Lighting Ltd, Lumino Industries, and Shashi Cables Ltd, to help supply and deploy the HVCRC technology across the country.

France’s Orange Marine has ordered two new cable laying and repair vessels designed for subsea telecommunications operations from Sri Lanka shipbuilder Colombo Dockyard PLC (CDPLC).

A press release said that the vessels to be made by CDPLC will be designed by Norway’s Vard Design AS. The vessels will have optimized hull forms and bow shapes to enable high speeds and reduce fuel consumption, meeting Bureau Veritas classification society standards and French Flag Authority regulatory requirements. Delivery of these new vessels is anticipated for 2028 and 2029.

“These new vessels will allow (us) to operate the most modern cable ship fleet in the world, serving all our customers across the globe with an optimized environmental footprint,” said Didier Dillard, president of Orange Marine and Elettra Tlc.

The vessels will focus on cable laying, repair, and remotely operated vehicle (ROV) inspection duties. Each vessel will have an Orange Marine–designed ROV for cutting, inspecting, and burying subsea cables. The design prioritizes strong sea-keeping and excellent station-keeping performance while minimizing environmental impact, aligning with BV CLEANSHIP low fuel consumption standards.

Orange Marine, a global leader in submarine telecommunications, specializes in engineering, installation and maintenance of intercontinental and regional cable links. The company notes that its fleet represents 12% of the world’s cable maintenance ships.

Italtrecce Srl, a business of U.S.-based International Wire Group (IWG,) has acquired Special Corde Srl, an Italian supplier of specialty conductors based in Gioia Sannitica, Italy.

A press release said that Special Corde Srl, founded in 2001, supplies wire and cable for power and distribution transformers, electric motors and associated electrical systems. The deal was made through IWG’s Italtrecce Srl.

“This acquisition is yet another opportunity to increase our presence in critical electrical infrastructure applications,” said IWG CEO Gregory Smith. “As the electrification buildout broadens, transformers represent a critical component of grid modernization. Special Corde will play an important role in supplying products used in these applications. In addition, Special Corde, with other recent IWG acquisitions, deepens existing customer relationships, playing a vital role in the burgeoning, global electrification needs.

“It is a great opportunity to partner with a global brand such as IWG,” said Dino Grandi, general manager of Special Corde. “It is an exciting time to be part of the electrification movement, and we look forward to playing our part in this journey.”

Nexans has announced a strategic minority investment in Sensewaves, a French artificial intelligence start-up, alongside American Electric Power (AEP), a major U.S. utility.

A press release said that Sensewaves, founded in 2015, specializes in AI-powered analytics for power grids. Its flagship Adaptix. Grid platform is designed to unify data from disparate utility sources and deliver granular, real-time grid insights. The platform offers utilities advanced visibility and situational awareness for both low voltage and medium voltage networks, regardless of the level of digitization or data completeness. It can support optimization across the entire grid lifecycle, from planning to real-time operations and maintenance.

The goal is to drive Sensewaves’ growth, expedite the deployment of Adaptix.Grid, and support market expansion. The funds will bolster Sensewaves’ R&D, product teams, and business development, enabling accelerated innovation and strategic geographic expansion. The result is a full-service offering for utilities seeking to modernize networks and meet the demands of the energy transition, including the integration of renewable generation and electric vehicle infrastructure.

Sensewaves’ CEO, Fivos Maniatakos, welcomed the partnership, stressing the complementary strengths of Nexans as a cable and turnkey systems company and AEP as an experienced grid operator. “The collaboration positions Sensewaves as a serious contender in delivering smart, scalable grid management solutions for the utilities sector.”

China’s ZTT Group announced that it plans to invest approximately $100 million to establish a submarine and terrestrial cables manufacturing facility at Saudi Arabia’s Ras Al-Khair Port.

According to the Saudi Press Agency, the company signed a land lease agreement with the Saudi Ports Authority (Mawani) to set up the 80,000 sq m facility. The planned facility will have capacity to annually produce 500 km of submarine cables, 500 km of terrestrial cables and 12,500 km of fiber-optic cables. GCC Business News reported the cable will support large-scale renewable energy installations, bolster digital connectivity networks and advance offshore infrastructure projects throughout the country and beyond, reported.

The partnership was described as essential for building Saudi Arabia’s submarine and terrestrial cable sector, directly advancing the National Transport and Logistics Strategy’s aim of making the kingdom a global logistics hub. Al-Mazrou described the project as a strategic move that would reinforce Ras Al-Khair Port’s role as an industrial center in the country. The collaboration would help localize cable manufacturing and attract technologies that support Saudi Arabia’s growing telecommunications industry.

Per the ZTT Group website, the business—officially known as Jiangsu Zhongtian Technology Co., Ltd.—ZTT employs over 16,000 people and operates 80 subsidiary companies. It has more than 54 offices and 12 marketing centers overseas, with plants in India, Brazil, Indonesia, Morocco, Turkey and Germany. ZTT exports products to over 160 countries and regions worldwide.

Riyadh Cables Company, a subsidiary of Saudi-listed Riyadh Cables Group, has signed a non-binding memorandum of understanding (MoU) with the Syrian Sovereign Fund to support the development of Syria’s cable manufacturing sector.

A press release said that the agreement, announced in early November, outlines plans to manage, operate, and develop the facilities of Syrian Modern Cable Company, one of the country’s few established cable producers.

Per a filing with the Saudi stock exchange (Tadawul), the MoU is valid for six months and aims to localize technical expertise and enhance Syria’s capacity to produce power and electrical cables. While the deal does not involve an acquisition, it marks a rare instance of foreign industrial engagement in Syria’s post-conflict economy.

Syrian Modern Cable Company, founded in 1996 and based in Adra Industrial City, has historically exported to Europe and the Middle East, but its scale remains modest. With annual production capacity of 10,000 metric tons, it is a prominent Syrian cable manufacturer. The company produces an array of electrical cables, including enameled wire and PVC granules. It maintains international quality certifications such as ISO 9001-2015 and BASEC.

The Syrian Sovereign Fund has been actively courting foreign partners to revitalize key sectors, particularly those tied to infrastructure and energy. Per Reuters and Zawya, Gulf states and Turkey have pledged over $40 billion in reconstruction investments since 2024.

Syria’s cable industry includes a handful of domestic players such as Union Electrical Group and Universal Electric, which already export to Iraq, Lebanon and Jordan. However, international sanctions, banking restrictions, and logistical hurdles have limited foreign competition.

Prysmian recently marked the completion of a $63.8 million expansion of its Du Quoin, Illinois plant with a ribbon cutting ceremony attended by local leaders, state officials and company executives.

A press release said that the event, which also celebrated the facility’s 60th anniversary, highlighted the company’s ongoing investment. The project, which saw the addition of 100,000 sq ft of manufacturing space, is creating 80 new jobs. Prysmian’s investment is designed to ramp up production of renewable energy and electric vehicle (EV) cables to keep pace with the growing demand, while also modernizing the plant and implementing an advanced Energy Management System.​

A central element of the expansion is a new solar farm that now generates about half of the energy needed for the plant’s operations, reducing the carbon footprint and the energy required to make cables critical for U.S. grid improvements. Supported by the state’s Reimagining Energy and Vehicles in Illinois (REV Illinois) initiative, the project received praise from community and utility leaders including ComEd and Ameren Illinois, who highlighted the facility’s importance to the regional clean energy economy and electric grid reliability.

Prysmian’s Du Quoin plant, established in 1965, produces specialized cables for wind, solar, EV charging and grid-hardening projects, further solidifying its position as a pillar of local manufacturing and a driver of innovation for both Illinois and the national clean energy transition.

U.S.-based TriMas Corp. has entered into a definitive agreement to sell its aerospace segment to an affiliate of Tinicum L.P. for $1.45 billion.

A press release said that the sale marks a significant shift for TriMas, which has been actively evaluating strategic options to streamline its business portfolio. The Aerospace segment generated approximately $374 million in revenue over the past 12 months and includes nine manufacturing facilities and roughly 1,250 employees.

Fasteners are estimated to account for 60 to 70% of the segment’s revenue, underscoring their central role in the business. Per Precedence Research, the global aerospace fasteners market is expected to expand from $7.85 billion in 2025 to approximately $15 billion by 2034.

TriMas Aerospace supplies highly engineered fasteners and precision-machined components for mission-critical applications across commercial and defense aviation markets. Its brands include Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products and Weldmac Manufacturing Co., among others. The company’s products have supported programs such as the U.S. Air Force’s T-7A Red Hawk training jet.

 The deal will allow TriMas to focus its resources on higher-growth and more profitable operations, including its packaging and specialty products platforms. Post-transaction, TriMas plans to invest further in its remaining segments, aiming to expand market share and enhance operational efficiency. TriMas executives said that the transaction is expected to close in early 2026.

 “This agreement represents a compelling valuation and validates the high-quality nature of the business,” said Herbert Parker, TriMas board chair. TriMas will focus on its high-margin packaging platform and specialty products group that serves consumer and industrial markets.

The Wire & Cable Manufacturers Alliance (WCMA) will hold its Annual Membership luncheon meeting on Thursday, Dec. 4 that will feature industry-recognized Robert Fry, Robert Fry Economics, much networking potential and support a good cause.

The event will take place from 11 am to 3 pm at the Hartford Marriott Downtown, 300 Capitol Blvd., Hartford, Connecticut. The event will also host a dedicated panel session for young professionals and mentors to kick off the morning from 10 am to 11 am, and the Young Professional of the Year will be presented during the main meeting. Attendees are encouraged to participate in WCMA’s annual Toys for Tots donation and to support industry scholarships for organizations such as the Wire Association, IWCS and The Copper Club.

Discounted lodging at the Hartford Marriott Downtown is available once a registration is received with a booking cut-off of November 28. Registration for the luncheon is open. For more details, call WCMA Executive Director

Ed Fenton at tel. 860-841-7720, This email address is being protected from spambots. You need JavaScript enabled to view it., www.wcmainc.org

Earlier this year, Premix Group, a Finnish-based producer of electrically conductive plastics, opened a new manufacturing facility in Apple Creek, Dallas, North Carolina, supported by a $79 million award from the U.S. Department of Defense and Health and Human Services.

A press release said that while there are American companies capable of producing plastics, the $79 million contract was issued primarily because its specialized electrically conductive plastics meet stringent technical requirements for critical diagnostic applications—something that was found lacking or under-capacity in the U.S. during the Covid-19 pandemic. Many U.S.-based companies do manufacture general-use polymer compounds, but few offer the exact grades, quality, and scale needed for highly sensitive components like pipette tips used in mass medical and laboratory testing.

“By awarding the contract to a European supplier with proven reliability, the U.S. government is ensuring rapid technology transfer, risk mitigation, and supply chain resilience for essential health infrastructure,” the release said. Construction began in 2022 and the new facility now produces advanced PE and PP-based compounds and concentrates.

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