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LS Cable & System plans to spend $24.6
million to establish LS Cable & System USA
in Taboro, North Carolina. The company
will take control of a power cable plant,
currently held by its US subsidiary Superior
Essex.
Superior Essex has 17 factories in seven
countries, including Germany and Italy,
and is headquartered in Atlanta, Georgia.
The Taboro power cable plant produces
medium voltage and low voltage cables
and is said to account for around 1 percent
of the MV and LV cable market in the US.
LS Cable & System aims to quadruple its
US manufacturing sales to approximately
$200 million by 2021. The company plans
to maximize the use of its sales connection
with US power authorities and expand
beyond its east presence towards the west.
LS Cable & System CEO Myung Roe-hyun
said: “As LS Cable & System has secured
its power cable manufacturing base in the
US, the company can now brace for US
protectionist policies and expect benefits
from infrastructure investment expansion at
the same time.”
Kelani Cables has supplied training in the
manufacture of electrical wire to a team
of electrical technicians from Sri Lanka’s
Batticaloa district. Training was provided
under the Kelani Visura CSR program
to a selected team of 50 technicians
representing Akkaraipattu, Batticaloa and
Kalmunai.
The group was taken to two of the largest
Kelani Cables factories, in Kelaniya
and Siyambalape, to understand the
manufacturing of various types of wires and
their production processes. In addition,
a workshop to upgrade their knowledge
with the latest techniques in the electrical
technical sphere was conducted by
B Sudakaran, a chief engineer in Batticaloa.
The exercise was in response to research
indicating that the regional engineers had
little understanding of thewiremanufacture
process.
Wire education
Developing cable reach
The team of electrical technicians from Sri Lanka’s
Batticaloa district
The Superior Essex Taboro plant
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