The History of Nexans AmerCable
From Barbed Wire to Global Cable Solutions Company
AmerCable Incorporated, d.b.a Nexans AmerCable, was formed in 2002, but its history in wire and cable traces back to1899 when the Washburn and Moen Manufacturing Company of Worchester, Massachusetts joined several other wire and barbed wire manufacturing companies to form the American Steel & Wire Company. The company, created by Federal Steel Corporation president Elbert H. Gary, was created with the intent of gaining control of the highly competitive barbed wire market. However, this strategy proved unsuccessful, and the company began seeking other sources of revenue. With the rising popularity of AC electricity, manufacturing equipment was starting to convert from steam or hydro-powered mechanisms to electrical motors. Recognizing the growing need for copper-conducted power cables, the company began experimenting with producing mass-impregnated paper insulation electrical cables.
In 1901, Mr. Gary put together the "deal-of-the-century" with legendary American business titans Andrew Carnegie, J.P. Morgan and Charles Schwab by forming the United States Steel Corporation (USS) – the world's first billion-dollar corporation. Mr. Gary served as Chairman of USS until his death in 1927. American Steel & Wire Company became the largest wire manufacturer in the world and was a key contributor to USS - manufacturing industrial wire, wire rope and insulated cable products.
In the 1920s, when electrically powered equipment came to the USS owned coal mines, the company began developing power cables designed specifically for this rugged, dynamic environment.
In 1923, the company began selling its wire rope and insulated mining cables under the Tiger® Brand name, and in the 1930's changed the company name to USS American Electrical Wire & Cable. Through the Great Depression, World War II, America's rise to global superpower and the baby boom, American Electrical Wire & Cable perfected the art of manufacturing Tiger Brand jacketed power cables for mining applications. The brand became so popular with customers that, in 1954, the company changed its name to USS Tiger Brand Electrical Wire & Cable.
In the mid 1970s, USS began a long series of reorganizations and diversification as the steel business changed. After 79 years of continuous operation in one location, USS made the decision to sell its wire rope operation and move the electrical cable manufacturing group to El Dorado, Arkansas. The company name was changed to AmerCable Corporation (AmerCable Corp).
After five years in Arkansas under USS ownership, the company was sold in early 1984 to Associated Materials Incorporated (AMI), which was founded by Bill Winspear in Dallas, Texas. Mr. Winspear had previously been president and CEO of Chaparral Steel Company before starting Associated Materials, a holding company for a group of diverse manufacturing companies.
"I've always preferred small companies," Mr.Winspear said in assessing his business career. "I define a small company this way: I don 't know everyone in the company, but I know someone who knows everyone in the company. Anyone can get to me pretty fast, and I can get to them. That improves the communication. That improves the efficiency."
AmerCable Corp., operating as a division of AMI, continued to produce Tiger Brand mining cables while expanding into the oil & gas market with its now-famous Gexol® branded cables. Product lines serving the transportation, industrial and military markets were also developed.
In 1993, after a nine-year stint as Treasurer and Secretary of Associated Materials, Robert F. (Bob) Hogan, was named President and CEO of AmerCable Corp. Mr. Hogan focused on raising AmerCable Corp.'s level of operational excellence or,in simple terms,producing cable faster than anyone else without sacrificing quality.
"I believe speed wins every time," commented Mr. Hogan.
In 1994, AmerCable Corp.'s focus on high - quality products and service was recognized with an ISO 9001 certification.
Nexans Amercable's story began in 2002, when Associated Materials Inc. sold its wire and cable division. The division was acquired by the newly formed company Amercable Incorporated. The new ownership group immediately focused on expanding AmerCable Incorporated’s market positions in the United States and globally in China, Australia and South America, by targeting niche industries that require high quality, innovative products and value-added services. They also entered opportunistic markets such as the blossoming solar and wind energy industries.
In February 2012, a new chapter for AmerCable, Incorporated began when the company was acquired by Nexans, the second largest cable company in the world. At the sale's conclusion Mr. Hogan, after 28 years with the company, stepped down as President and CEO. Rodney Cole, who had served as AmerCable, Incorporated's Vice President of Operations since 1995, was named as the new company President.
"Don't confuse effort with results" was Mr. Cole's signature phrase.
In May 2017, after 22 years of service, Mr. Cole retired and Patrick Armstrong was named as the new President of AmerCable, Incorporated, d.b.a Nexans AmerCable.
Today, Nexans AmerCable continues to lead the cable industry in on-time delivery, engineering support and product innovation. Tiger Brand is the acknowledged high-quality cable leader in the global mining industry and powers mines in 35 countries, while Gexol oil and gas cables are the industry standard for high quality and flexibility in harsh environments.
Did You Know?
The Washburn and Moen Manufacturing Company operated 64 years before being acquired by the American Steel & Wire Company in 1899. When the company moved to El Dorado in 1978, it ended 143 years of continuous wire production in the Worchester area.
Gary, Indiana is named after Elbert H. Gary, who was a lawyer and county judge in Illinois before becoming a high profile corporate officer. The city was organized around one of Mr. Gary's steel factories in 1906.
After selling AMI, Mr. Winspear retired from business and helped fund the spectacular Margot & Bill Winspear Opera House in Dallas, Texas. Sadly, he did not live to see its completion.
Tiger Brand Wire Rope is still manufactured and sold globally by Bridon American Corporation of Wilkes - Barre,Pennsylvania.
REGARDING NEXANS AMERCABLE WIRE AND CABLE HISTORY:
AmerCable Incorporated ("AmerCable ") was originally formed and incorporated in 2002 and is not responsible for any operations predating 2002 or beyond its own distinct company. AmerCable has always maintained a separate identity from, and is not responsible for, any other company, product, or operation. The suggested history set forth herein(a) is presented solely for the reader's information regarding the wire and cable industry dating back to 1891; (b) is not intended to be relied upon for any purpose whatsoever; (c) is made with reservation of all rights and with full denial and disclaimer of any association with, or theoretical liability for, any of the entities, products, or operations referenced; and, (d) is made without any warranty or any kind, either express or implied. AmerCable makes no representations or warranties as to the accuracy, reliability, or completeness, and assumes no responsibility with respect to this information or its use.
The historical information set forth herein is not intended to modify, interpret, qualify, supplement or amend any contractual documents relating to the separate identities of historical entities, any asset transfers, or other transactions of any kind. Since its formation in 2002, AmerCable has never merged with nor shared identity with any of the historical manufacturers referenced therein. AmerCable is in no way associated or affiliated with or responsible for any of these historical operations or historical manufacturers or entities, and is not responsible for any potential or actual liabilities or obligations related to or arising from those companies, operations, or product lines.