28 / 48
wiredInUSA - August 2014
28
Swiss company, LEMO has acquired
Northwire Inc (NWI) the US manufacturer
of wire and multi-conductor cable and
retractiles for the medical, aerospace and
defense, energy, and industrial markets.
“The acquisition of Northwire will enlarge
the LEMO offering, providing a complete
cable-connector solution to our valued
customers. I am convinced that by creating
synergy between our two companies, we
cangrowandprosper side-by-side. Together
we will be able to provide our customers
high quality complete cable-connector
solutions. I am very pleased about this
new venture with NWI and look forward to
developing new business together,” said
Alexandre Pesci, CEO and president, LEMO
group.
“LEMOhasachievedaworldwidereputation
for high quality, leading-edge connectors
and we are truly proud to become an
integral part of their team. Equally focused
on satisfying our customers, LEMO and NWI
look forward to acquiring new customers
and serving our loyal customers’ needs for
engineeredsolutionsandserviceexcellence
well into the future,” said Katina Kravik, CEO
of Northwire Inc.
Custom cable
acquisition
Czaplinka-based
industrial
cables
manufacturer Kabel Technik Polska (KTP),
part of the Inter Auto Groclin group, is set to
expand, creating at least 150 new jobs.
KTP, which operates plants at Drawsko
Pomorskie and Białogard producing
cables and cable harnesses for a range
of industries, is planning capital investment
of over €650,000 in the district north west
of Poznań, Poland. The project will be
completed by August 2015, and the
company has undertaken to maintain the
new level of employment at the site up to
2020.
KTP’s latest investment is part of a major
expansion program, developing business
with customers in the automotive
manufacturing, wind energy, and aviation
industries.
Expansion for Polish
manufacturer