‘The acquisition should significantly expand our position and capabilities in a number of high value added product areas,’ says Greg Lampert, General Cable’s VP and GM of its Carol-brand products.
General Cable intends to continue operations at the Franklin location. The acquired manufacturing equipment and intellectual property is expected to bring annual productive capacity of approximately $35 to $40 million. 37 Salaries 55 Q&A Interviews Photos General Cable Job Security & Advancement reviews in Highland Heights, KY Review this company Job Title All Location Highland Heights, KY 35 reviews Ratings by category Clear 3.4 Work-Life Balance 3.5 Pay & Benefits 2.9 Job Security & Advancement 3.0 Management 3. The transaction is scheduled to close in the first quarter of 2005, subject to satisfactory due diligence and completion of a definitive purchase agreement. General Cable manufactures and distributes copper, aluminum, and fiber-optic wire and cable products for the energy, industrial, specialty, and communications markets. The agreement includes well-known brands, such as Helix and Hi-Temp. Based in Franklin, MA, Comteq reportedly has strong technical and manufacturing capabilities in electronic cables, as well as high-end data products. reports that it has agreed to acquire certain assets of Draka Holding’s Comteq business in North America for approximately $5 million to $10 million. Highland Heights, KY- General Cable Corp. General Cable, Highland Heights, Ky., would acquire BICCs worldwide energy cable and cable systems businesses, including 41 manufacturing plants in 16 countries and sales operations in an additional 20 countries throughout Europe, North America, the Middle East, Africa and the Asia-Pacific region.
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