EuroWire September 2018

Corporate News

New USA factory for wire rope manufacturer

GUSTAV Wolf has opened its new factory in the USA. The manufacturer of wires and ropes, based in Gütersloh, Germany, is pushing ahead with its international strategy and making a clear move towards further growth. “We’re now manufacturing in the USA as well. This represents an important step in the more than 130-year history of our company,” said Dr Ernst Wolf, managing director. “It’s in keeping with our tradition to occupy the strongest markets on every continent. Our organic growth is a continuous process. This year, we’re expecting our group turnover to increase by 15 per cent, reaching $184m.” Gustav Wolf now has six rope plants on three continents. Together with Asia and Europe, the USA is one of the biggest markets for these specially constructed ropes. Three years ago, the company director conceived the idea of setting up the production site in the USA. The site is located in Rome, Georgia, a town of 36,000 inhabitants. The German company bought the factory from a local manufacturer. “From May onwards, we’ll be additionally installing some new machines. And that’s just the beginning. We plan to have 30 staff at the site and want to achieve a turnover of $12.3 million,” said Reinhard Bänisch, the division manager for steel wire ropes.

“Our ropes, produced for the major and leading elevator manufacturers, fulfil the highest standards. We’ll manufacture about 3,000 tons of elevator rope in the USA per year, exclusively for the American market,” added Richard Lindemeyer, who manages the USA site. The 61,354ft 2 premises in the southeastern state of Georgia offers the family-run company the possibility of expanding further. ▲ ▲ From left, managing director Dr Ernst Wolf; production manager Gerry Blalock; and Reinhard Bänisch, division manager for steel wire ropes

GustavWolf GmbH – Germany Website : www.gustav-wolf.de

New directors at tube and wire magazine publisher David Bell has been appointed managing director of Intras Ltd, publisher of EuroWire , Wire & Cable ASIA , wiredInUSA , Tube & Pipe Technology and Tube Products INTERNATIONAL magazines. in 34-year-old company, and will retain his position of editor of the wire titles. After nearly eight years with the company, Jason Smith has been promoted to sales director and will continue to be involved in the sales and marketing activities of the wire magazines. Caroline Sullens assumes the position of chairman of the Leamington Spa, UK-based business, and Mark Sullens will continue as a director. As part of the changes, the company also has a new logo, which will be rolled out on its websites and marketing material. Intras Ltd – UK Website : www.intras.co.uk the Additionally, shareholder David becomes a

Queen’s Award for Enterprise for Central Wire

Central Wire Industries UK Limited has been awarded the 2018 Queen’s Award for Enterprise in the category of International Trade. With facilities in Rotherham, UK, CWI UK is a manufacturer of stainless steel and nickel-based alloy wires. The award recognises the company’s impressive 92 per cent growth in export sales in the last three years. James Roper, managing director of CWI UK Ltd, said: “I am absolutely delighted that Central Wire Industries UK Ltd has won the prestigious Queen’s Award for Enterprise. The winning of this award gives recognition to all the hard work and commitment given by each of our employees both past and present.” CWI UK employs 57 people. It is part of the Central Wire Industries Ltd group of companies headquartered in Ontario, Canada. CWI has a wide range of high performance speciality alloys in nickel, stainless and red metal, and cable products, which are used in multiple industries worldwide, including oil and gas, medical, aerospace, automotive and marine. CWI UK’s wire drawing and wire rolling operations manufacture round and profile forms in more than 50 different alloys.

Now in its 52 nd year, the Queen’s Award for Enterprise is the most prestigious business award in the United Kingdom. CWI UK will receive the award with trophy during a royal reception for Queen’s Award winners at Buckingham Palace. Central Wire Industries UK Limited – UK Website : www.centralwire.com ▲ ▲ A CWI UK worker at the plant in Rotherham, UK. Photograph courtesy of CWI

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September 2018