Nexans opens a new plant in China
Nanning site will produce cables for the telecommunications
Nanning, April 10, 2007 – Nexans, the worldwide leader in the cable industry, held a grand opening ceremony on March 22 to mark the official start of production in Nanning, Guangxi Province, China. The new plant, Nexans’ third wholly-owned facility in the country*, produces telecommunication and signalling cables for the railway infrastructure market. It represents a major step in improving Nexans’ geographic coverage of China.
Initially Nexans Nanning will mainly manufacture copper telecom cables used in switching, transmission and DSL access for fixed and mobile networks, including multi-pair cables for both indoor and outdoor telecom applications. But to take advantage of the rapid expansion of conventional tracks and high speed lines in China’s rail network, the new plant will also start offering railway signalling cables (station range access cables, signalling and control cables, axle counter and balise cables).
Nexans in China
Nexans entered the Chinese market in the mid-1980’s. In the country it has three wholly-owned plants producing telecom, LAN and special industrial cables, a logistics centre and three sales offices in Shanghai, Beijing & Hong Kong. Nexans today employs 600 people in China.
At the opening, Michel Lemaire, Executive Vice President Asia-Pacific Area, said: “We see huge growth in telecom and data cable production as well as system applications in China. That’s the reason why the Group has not hesitated to invest in order to have local large-capacity production plants in the most strategic locations. The setting up of a new factory in Nanning fits into this business logic”.
* In July 2006, Nexans (Nanning) Communications Co. Ltd. (the former Nanning Huasun Cable Co., Ltd.) became a wholly-owned subsidiary of Nexans.
With energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry and building markets. Nexans addresses a series of market segments from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear, automotive, electronics, aeronautics, handling and automation. With an industrial presence in more than 30 countries and commercial activities worldwide, Nexans employs 21,000 people and had sales in 2006 of 7.5 billion euros. Nexans is listed on the Paris stock exchange, compartment A of the Eurolist of Euronext. More information on www.nexans.com