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Nexans investing $15 Million in Expansion of Fergus Ontario Manufacturing Facility

Nexans North America is growing. We are investing $15 Million into the expansion of our Low Voltage facility in Fergus, Ontario.

This expansion adds capacity enabling us to better service our customers needs. As part of this expansion; we divested of our Milton, Ontario distribution facility and are expanding Fergus to allow us to streamline our logistics thereby enhancing our capabilities. In addition to this logistics platform, we are making significant investments into new equipment to increase our capacity in the manufacturing of low voltage residential, commercial and industrial cables. These three core products of the Fergus facility service the Canadian, US and Export markets.

"This investment helps us to provide the level of service all customers expect, and deserve. We are focused on improving our turnaround time, order fill rate as well as the other value-added services we offer such as parallel reels, pulling eyes and custom cutting lengths.  In addition, we are fortunate to have strong relationships with distributors in the North American market and as the demand for our products continues to grow, we need to invest in new equipment to have the capacity to respond to this demand" Dave Hawker, Vice President and General Manager, Energy Division, North America.

The expanded area will be 13,000 square metres (140,000 square feet) with several upgrades to our logistical technology and manufacturing processes. We look forward to updating the market on this important development in North America.

About Nexans

Nexans brings energy to life through an extensive range of cables and cabling solutions that deliver increased performance for our customers worldwide. Nexans' teams are committed to a partnership approach that supports customers in four main business areas: Power transmission and distribution (submarine and land), Energy resources (Oil & Gas, Mining and Renewables), Transportation (Road, Rail, Air, Sea) and Building (Commercial, Residential and Data Centers). Nexans' strategy is founded on continuous innovation in products, solutions and services, employee development, customer training and the introduction of safe, low-environmental-impact industrial processes. In 2013, Nexans became the first cable player to create a Foundation to introduce sustained initiatives for access to energy for disadvantaged communities worldwide. We have an industrial presence in 40 countries and commercial activities worldwide, employing close to 26,000 people and generating sales in 2013 of nearly 6.7 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A. – You are not allowed to view links. Register or Login



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