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Latest Intl Wire Group (ITWG) Headlines Inter

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Posted On: 03/10/2014 7:41:50 AM
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Latest Intl Wire Group (ITWG) Headlines



International Wire Announces Operating Results for the Third Quarter and First Nine Months of 2013

Business Wire - Fri Nov 08, 3:14PM CST

International Wire Group Holdings, Inc. ("the Company") (OTC Pink: ITWG) today announced results for the third quarter and for the nine months ended September 30, 2013. Operating income for the third quarter and first nine months of 2013 were both below comparable 2012 results.



Global Market for Power Transmission and Distribution Cables 2013-2020 Featuring Southwire, General Cable, Okonite, Alcan and Many Others

M2 - Thu Aug 22, 9:37AM CDT

Research and Markets (http://www.researchandmarkets.com/research/zhzqjp/global_market_for) has announced the addition of the "Global Market for Power Transmission and Distribution Cables - Forecast, Opportunities & Trends 2013-2020" report to their offering. Due to the impact of the economic slowdown, the market witnessed a decline in the growth rate from 2009. However, the market is set to achieve strong growth rate from 2012 onwards. Capital spending and investments in industries worldwide is expected to boost growth of the market. The economic recession had its effect on the transmission and distribution sector, and due to the ongoing financial crisis in many countries, the pricing of the cable has become a competitive parameter. Moreover, the electric utilities are expecting the cable manufacturers to reduce the prices. Furthermore, due to the cancellation of transmission expansion plans and delays in orders, the competition between existing players has also increased. Companies are adopting various strategies to counter the competition and survive in the market. Some of them include merger and acquisitions, focus on custom and high end products, increased emphasis on research and development, plant closures, exploring new markets and so on. Major corporations involved in the competition are Southwire Company, Prysmian, General Cable, Okonite Company, Alcan Cable, and many others. High emphasis on the commercialization of renewable energy throughout the world is expected to drive the growth of transmission and distribution cables. Renewable energy resources are often at far off places where the transmission network is not available. In the future, lot of expansion in the transmission network is expected to transfer the electricity from the far off power plants to the load centers. Many countries are integrating their regional grids to form a nationwide grid. The idea is to have seamless flow of electricity across the nation. The development of renewable energy is further supporting the grid interconnection. In European countries, work is going on to form a single European grid amongst all EU nations. Moreover, as the Asian countries develop, energy trade between them is expected to rise. Furthermore, in many countries, the transmission networks are not reliable enough to transfer the electricity from the growing number of power plants. The increased focus on renewable energy, grid interconnections, and economic development are expected to drive the demand for transmission and distribution cables across the world. Some of the major companies analyzed in this report include: - ABB Ltd. - Alcan Cable - Belden Inc. - Encore Wire Corporation - Finolex Cables Limited - General Cable Corporation - Havells India Limited - International Wire Group, Inc. - KEI Industries Ltd - Nexans SA - RPG Cables Ltd. - Southwire Company - Sumitomo Electric Industries - Superior Essex Inc. - The Alpine Group, Inc. - The Okonite Company, Inc. - Turk Prysmian Kablo Ve Sistemleri A.S. This is a cutting edge profile of this growing industry worldwide. Key Topics Covered: 1. Executive Summary 2. Global Market for Power Transmission and Distribution Cables 3. Factors Driving the Industry 4. Barriers Facing the Industry 5. Power Transmission and Distribution Cables Market in North America 6. Power Transmission and Distribution Cables Market in Canada 7. Power Transmission and Distribution Cables Market in the United States 8. Power Transmission and Distribution Cables Market in Europe 9. Power Transmission and Distribution Cables Market in France 10. Power Transmission and Distribution Cables Market in Germany 11. Power Transmission and Distribution Cables Market in the United Kingdom 12. Power Transmission and Distribution Cables Market in Asia Pacific 13. Power Transmission and Distribution Cables Market in China 14. Power Transmission and Distribution Cables Market in India 15. Major Players in the Global Market for Power Transmission and Distribution Cables 16. Appendix 17. Glossary 18. Research Methodology For more information visit http://www.researchandmarkets.com/research/zh...market_for



International Wire Announces Operating Results for the Second Quarter and the First Six Months of 2013

Business Wire - Mon Aug 12, 7:19AM CDT

International Wire Group Holdings, Inc. ("the Company") (OTC Pink: ITWG) today announced results for the second quarter and for the first six months ended June 30, 2013. Operating income for the second quarter and first six months of 2013 were both below comparable 2012 results.



International Wire Announces First Quarter 2013 Operating Results

Business Wire - Fri May 10, 3:10PM CDT

International Wire Group Holdings, Inc. (the "Company") (Pink Sheets: ITWG) today announced its results for the first quarter ended March 31, 2013. First quarter 2013 operating income was lower than in the first quarter of 2012.



International Wire Announces Fourth Quarter and Record Full Year 2012 Results

Business Wire - Fri Mar 22, 3:11PM CDT

International Wire Group Holdings, Inc. ("the Company") (Pink Sheets: ITWG) today announced its results for the fourth quarter and full year ended December 31, 2012. Fourth quarter operating results were strong despite lower sales. Full year 2012 operating income was at a record level.



International Wire Announces Final Results of Dutch Auction Tender Offer for Its Common Stock

Business Wire - Wed Dec 19, 3:22PM CST

International Wire Group Holdings, Inc. (the "Company") (Pink Sheets: ITWG) announced today the final results of its traditional "Dutch auction" tender offer (the "Offer") to repurchase shares of its common stock with an aggregate purchase price of up to $60.0 million, which expired at 5:00 p.m., New York City time, on December 18, 2012.



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