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WIRE (Encore Wire Corporation) is no longer actively trading.
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Encore Wire Corporation, founded in 1989 and headquartered in McKinney, Texas, specializes in the production and sale of electrical building wires and cables for indoor wiring projects throughout the United States. Their diverse product line features NM-B cables, specifically designed for residential applications in houses, apartments, and prefabricated homes. For commercial and industrial construction, they supply THHN/THWN-2, metal-clad, and armored cables. Additional specialized products include UF-B, XHHW-2, RHH/RHW-2, and USE-2 cables, among other types of electrical conductors. The…
New McKinney facilities combine scale, efficiency, and innovation to deliver among the most advanced wire and cable operations in the industry MCKINNEY, TX / ACCESS Newswire / April 13, 2026 / Prysmian | Encore Wire , a world leader in the energy transition and digital transformation, recently held a ribbon cutting ceremony to officially unveil its new 340,800 square-foot Copper Building Wire Plant and expanded Service Center in McKinney, Texas. Now the largest in the industry at one million square feet, the Service Center enhances the company's ability to deliver high-quality products with speed, precision, and efficiency.
Groundbreaking ceremony for 650,000+ Square Foot Facility in McKinney, Texas Up to 120 new jobs to be created Encore Wire site central to Prysmian's evolution from cable manufacturer to solutions provider in the U.S. MCKINNEY, TX / ACCESS Newswire / June 19, 2025 / Prysmian yesterday held a groundbreaking ceremony to kick off its $500 million investment at the Encore Wire campus over five years. Included in the figure is the $249 million Prysmian Board of Director's approved during the Capital Market Day event in March.
Prysmian's stock has increased by 60% in the past year, with strong financial performance and the recently closed acquisition of Encore Wire as catalysts. Despite a decrease in revenue and profit, Prysmian's free cash flow remains strong, with a positive outlook for the future. The recent acquisition of Encore Wire will increase Prysmian's net debt but is expected to generate significant EBITDA and synergies, leading to a potential decrease in EV/EBITDA multiple by 2025.
NEW YORK , June 27, 2024 /PRNewswire/ -- Protagonist Therapeutics Inc. (NASD: PTGX) will replace Encore Wire Corp. (NASD: WIRE) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 3. S&P Europe 350 constituent Prysmian SpA (MTAA: PRY) is acquiring Encore Wire in a deal expected to be completed soon pending final conditions.
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