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wiredInUSA - January 2013
wiredInUSA - January 2013
General Cable Corporation has completed the acquisition of Alcan
Cable China. Alcan Cable China represents a little over 10 percent of
Alcan Cable revenues.
“Alcan Cable China has a vertically integrated manufacturing plant
in Tianjin, China and ten regional sales offices. Since its start-up in 2007,
the business has matured in a relatively short amount of time building
a sales infrastructure and a premium brand with a strong reputation in
the Chinese market, which represents nearly one-third of global wire
and cable demand.
“We believe the synergies of this acquisition coupled with an
established platform from which to introduce and grow other General
Cable product lines, further enhances the value proposition to our
customers. We are honored and proud to become part of General
Cable,” said Alex Tham, MD of Alcan Cable China.
Gregory B Kenny, president and CEO of General Cable, said:
“We are pleased to have completed the second and final step of the
acquisition of Alcan Cable. We have brought together two companies
with more than 200 years of combined experience in the wire and
cable industry serving important markets in North America and now
China.”
General Cable estimates that the overall Alcan Cable business will
contribute between $650 million and $700 million in annual revenues
at current aluminum prices.
General Cable
acquisition
Trouble
new
The new lights use as little electricity
as LED bulbs — half as much
as fluorescent lamps — while
emitting a comfortable white
light. "People often complain
that fluorescent lights bother
their eyes and the hum from the
fluorescent tubes irritates anyone
sitting at a desk underneath
them," said David Carroll, the
light's lead researcher. “The new
lights we have created can cure
both of those problems and
more,” he added.
The bulbs are made with a plastic
material that gives off light when
an electric current runs through
it. Carroll and his team added
carbon nanotubes to the plastic,
which enabled it to give off
five times more light. Their ideas
build on a technology called
field-induced polymer electro-
luminescence that researchers
have been working on for over a
decade.
TechNewsDaily
reports
that
researchers have created a
glowing plastic material that
can be formed into bright white,
energy-efficient light bulbs in
various shapes – from domestic
bulbs to glowing 24 inch x 48 inch
flat sheets.
Wake Forest University in North
Carolina, where many of the
light's creators are based, is
working with a company to
develop commercial versions of
the bulbs that could be on sale in
2013.
Glowing plastic
light bulbs
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