Karen Graziano
Prestolite Wire Corp. (Southfield, MI) plunged into the fiber-cable market by acquiring Northern Lights Cable (North Bennington, VT). Northern Lights manufactures fiber-optic cable and telecommunications-industry assemblies. With the addition of Northern Lights, Prestolite`s product offerings now include fiber-optic cable, and copper-wire products, including unshielded twisted-pair cable, for voice and data communications.
"Northern Lights is an excellent fit for Prestolite," says George Joeckel, president and chief executive of Prestolite. "Its broad range of fiber-optic cable products and services, its manufacturing and applications expertise, and most important, its team of fiber-optics experts, will enable us to improve our product selection as we expand our telecommunications business."
This year Prestolite announced two expansions of the Nebraska telecommunications wire plant. The company is expanding because it wants to offer "a full selection of bandwidth solutions for copper and fiber cable," according to Preston Speers, vice president and general manager of telecommunications products.
