Jun 12 2007
Alcan Inc. announced today that it plans to build a world-class manufacturing facility in Tianjin, China to provide new innovative alloy cable products to serve the Chinese market. "We are excited about the opportunity to offer our high quality products as reliable, cost effective solutions to China's rapidly growing commercial construction market," said Ian Hewett, President, Alcan Cable. "I want to express our appreciation to the Tianjin government for their support of our efforts to establish a presence in China. We look forward to developing relationships with the local business community and the Chinese construction industry," he added.
Alcan plans to invest approximately US$ 40 million to build the new manufacturing facility that will use leading-edge technology to produce specialty alloy cable products for commercial, institutional and industrial applications.
Alcan Cable is a leading manufacturer of aluminum cables for the utility, residential, and commercial markets in North America.