EuroWire July 2022

Corporate News

Encore orders more British company PWM Ltd is to supply Encore Wire of McKinney, Texas, USA, with another three EP500 cold pressure welding machines.

“The EP500 is user friendly, reliable and clean, and the safety control/gates prevent pinch points from the beginning to the end of the welding operation.” PWM managing and sales director Steve Mepsted said, “We’re delighted to be working in partnership with Encore Wire and Joe Snee Associates, our US and Canadian distributor. Sales of the EP500 more than doubled in 2021 and we are experiencing high demand again this year.” The electro-pneumatic EP500 is PWM’s best-selling cold welder. Suitable for rod from 5 to 15mm (0.197" to 0.59"), the machine is semi-automatic, energy efficient and low maintenance. PWM Ltd has been designing and mak ing cold welding machines and dies

Encore Wire, which took delivery of nine EP500 cold welders in 2021, has ordered the additional machines as part of its ongoing drive to invest in technology that creates a safer and healthier working environment for employees. John Rhoads, research and development manager at Encore Wire, said, “Cold welding has been used in the stranding process for decades and with the EP500 we are now also able to cold weld copper and aluminium rod. This technology eliminates the need for a large energy source, and with no hot surfaces, sparks or fumes involved, the operator is not at risk of getting burned.

PWM’s EP500 electro-pneumatic rod welder

(industry standard and custom-made) for the global wire and cable industry since 1984. Its products are precision engineered in-house and tested to stringent quality standards. PWM Ltd www.pwmltd.co.uk EncoreWire Corp www.encorewire.com However, the market is expected to recover with the adoption of data communication solutions in regions worldwide. By end use, the IT and telecommunication segment accounted for the largest share in 2020, contributing to around a quarter of the global cables market, and is projected to maintain its position during the forecast period. Allied Market Research www.alliedmarketresearch.com

Cables market to reach $156.4bn by 2030 A report published by Allied Market Research states that the global cables industry generated $74.72bn in 2020, and is anticipated to generate $156.49bn by 2030 – a CAGR of 7.8 per cent from 2021 to 2030. renewable energy generation around the world. The complexity of deployment planning of cables, along with delays in authorisation from governments, hinders market growth. On the other hand, an upsurge in demand for power all over the world will present new opportunities in the coming years.

The global cables-market growth will be driven by a rise in government initiatives to improve connectivity, a surge in demand for higher bandwidth networks by different industries, an increase in deployment of new power grid infrastructure, and a rising trend for

The Covid-19 pandemic has had a negative impact on the growth of the global cables market, owing to the implementation of lockdown measures that halted manufacturing facilities.

Invented in 1952.

Fit for the future.

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July 2022