General Cable Corp. is closing one of its three North American plants that manufacture copper telephone exchange cables....
July 1, 2005
General Cable Corp. is closing one of its three North American plants that manufacture copper telephone exchange cables.
The plant, located in Bonham, Tex. employs 170 people and produces copper telephone exchange cable.
The company also announced the closing of its fiber optic military and premise cable manufacturing plant in Dayville, Conn. and relocation production to its recently acquired facility in Franklin, Mass.
The Franklin location currently produces copper as well as some fiber optic communications products.
“As a result of the significant reduction in demand for copper telephone exchange cable over the last several years, our Bonham facility has been operating at below 50% of its capacity,” said Gregory Kenny, the company’s CEO.
“In light of our belief that there will not be a significant rebound in demand for copper telephone exchange cables, we have made the decision to streamline our manufacturing operations and close the plant.
“The company, in its remaining communications facilities which make a wide range of products for multiple applications, will retain more than enough capacity to meet projected customer demand for exchange cables.”