EuroWire March 2018

Corporate News

Helukabel breaks ground on new headquarters

HELUKABEL, a manufacturer and supplier of cables, wires and accessories, held a ground breaking ceremony for its new USA headquarters. The eight-acre property is located in the Oakview Corporate Park, 1201 Wesemann Drive, in the Chicago suburb of West Dundee. The initial build will be for a 75,000ft 2 facility – 7,000ft 2 allotted for office space and the remaining to be used for warehousing the company’s in-stock cabling products and accessories. The site allows for further expansion just beyond 200,000ft 2 as the company continues to grow. Helukabel USA has been rapidly growing since it was originally founded at the end of 2007. “This is the second physical expansion over the past ten years. The company initially started out in a 13,000ft 2 facility and we expanded into a 43,000ft 2 facility just five years ago,” said president Markus Dannheim. “It was important to find a property in close geographic proximity to our current location to maintain our existing employee base. “Our employees and the relationships they have created with customers around the world are a fundamental key factor for the continued success our company has experienced over the past years.

▲ ▲ An artist’s impression of the new headquarters of Helukabel USA Inc

and their pragmatic and progress-oriented city officials made it an easy decision for us to invest within their city limits,”he continued. Participants in the ground breaking included Mr Dannheim; CBRE senior vice president Mike Sedjo; vice president/general manager of Opus Development Company Mike Yungerman; West Dundee village manager Joe Cavallaro; West Dundee mayor Chris Nelson; West Dundee community development director Tim Scott; German Chamber of Commerce president and CEO Mark Tomkins; and attorney James Cooke of the law offices of James F Cooke Ltd. The acquisition of this property and construction of its own building is an important strategic milestone for Helukabel USA, creating additional office space for a growing employee base as well as an increased operational and warehousing footprint to facilitate future growth. Helukabel USA Inc – USA Website : www.helukabel.com

“It was furthermore important for us to have immediate Interstate access to minimise lead-times for our customers. West Dundee

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March 2018