EoW May 2010

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EuroWire – May 2010 14
corporate news
Keir Manufacturing Inc has completed the acquisition of the wire products business
unit of Kamatics Corporation, a Kaman company. All wire products production will
be relocated from Bloomfield, CT to the Keir Manufacturing facility and headquarters
in Brevard, NC. The purchase includes all assets and intellectual property of Kamatics
wire products business only.
Kamatics has designed and produced composite flyer bows for twenty years,
introducing composite flyer bows in 1990 and later combining aerospace proven
materials with triaxial braiding, to produce superior strength and durability in a
lightweight structure. In 2005 Kamatics introduced the BackBone® flyer bow design to
the industry.
Keir is an American-based manufacturer of engineered technical ceramic products.
Keir’s products for the worldwide wire and cable industry include high purity ceramic
guides, and the Frontiersman line of air wipes.
DavidWatkins, president of Keir Manufacturing, is very optimistic about the acquisition
and business outlook in general. “The Kamatics composite flyer bow acquisition
combines two highly regarded manufacturers with brand name recognition into one
company… and greatly broadens our state-of-the-art technical product offering.”
Keir Manufacturing Inc – USA
Fax: +1 828 884 7494
Email:
Website:
Kamatics acquisition confirmed
China’s February refined copper imports increased by 12 per cent over January as
demand improved and scrap supply fell.
According to the Beijing-based customs office inbound shipments were
220,530 metric tons, up from 196,926 tons in January and down 19 per cent from
the same month last year.
Chinese after-tax copper prices have traded at a premium to those in London for
most of this year, according to calculations released by Bloomberg. The premium
was around 500 yuan ($73) a ton on 19th March, down from this year’s high of
3,000 yuan in February.
China imported 276,634 tons of scrap copper in February, customs confirmed,
down from 337,443 tons the month before. A shortage of scrap will generally lead
to a higher demand for the refined metal.
China’s imports of aluminium, lead, zinc and nickel all decreased from a month
earlier, customs data show. Shipments of primary aluminium and refined zinc
dropped by 52 per cent, lead by 73 per cent and nickel by 25 per cent.
Refined copper imports in China
increase 12 per cent in February
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