EoW September 2010

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EuroWire – September 2010 19
corporatenews
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
Email:
Website:
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also assemble and manufacture parts originally made in China.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.
Niagara Composites Industries Inc – Canada
Website:
Progressive Machinery Inc – Canada
Website:
Deyang Dongjiagang Mechanical and Electrical – China
Website:
Newmanufacturer in
Canada a possibility
Ali Serpen of Metalin ▲ ▲