© alexey utemov Electronics Production | April 04, 2016

Nexans shuts down cable facility dedicated to defence market

The company will close its Elm City factory in North Carolina – dedicated to the defence market in the US – in early summer.
The US subsidiary – based in Elm City – will cease its production of defence wires and cables on June 30 2016.

The decision has been taken in response to both a lack of profitability for the facility combined with the generally unfavourable mid to long term prospects for the defence cable market in the region, the company states in a press release.

The press release states that employees at the Elm City factory have been notified of the closure and that production will cease on June 30 2016. The group will continue to service the aerospace and defence cable markets, from existing factories in other locations.


Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
August 22 2017 10:36 AM V8.6.0-1