EoW September 2010

corporatenews

Newmanufacturer in Canada a possibility

Representative for Turkey

Discussions are taking place between Deyang Dongjiagang Mechanical and Electrical Co Ltd, Progressive Machinery Inc and Niagara Composites Industries Inc for the foundation of a company to be called Panther Wire and Cable Inc. The negotiations follow a delegation that visited China last summer to develop a business relationship with a high-quality wire and cable manufacturer. Out of the many firms visited, Dongjiagang and Progressive reached a tentative agreement in Deyang for a joint venture. It could eventually amount to millions of dollars of machinery produced every year. Roy Rymer, president of both Progressive Machinery and Niagara Composites, hopes to have final details agreed shortly. If all goes well, it will take at least a year to get the company built and operating in St Catharines, Canada but, he said: “It looks very promising at this point.” Panther Wire and Cable, expected to employ around 30 to 40 people, would make high quality wire and cable machinery and market its products internationally. The company would also assemble and manufacture parts originally made in China. Roy Rymer added: “Down the road, we’ll get more initiative in manufacturing the smaller parts right here in Canada.” Products would include power and telecommunications cables.

Ali Serpen of Metalin ▲ ▲

PWM, the UK-based designer and manufacturer of cold pressure welding equipment and dies, has appointed Ali Serpen of Metalin as its exclusive representative in Turkey. Mr Serpen, who has over twenty years’ experience within the international wire and cable industry, will manage sales of PWM’s manual and powered cold welders, dies and spare parts and provide customer service support. Steve Mepsted, managing director of PWM said: “Turkey is an important and expanding market for PWM. “Ali’s expertise and extensive knowledge of cold welding technology and its applications will ensure that we continue to provide a reliable, responsive service to our existing and new customers.” PressureWelding Machines – UK Fax : +44 1233 820591

Niagara Composites Industries Inc – Canada Website : www.niagaracomposites.com

Progressive Machinery Inc – Canada Website : www.progmach.com

Deyang Dongjiagang Mechanical and Electrical – China Website : www.ebp.cn

Email : pwm@btinternet.com Website : www.pwmltd.co.uk

19

EuroWire – September 2010