Encore Wire Corp., McKinney, Texas, plans to enter the MC (armored cable) market with the planned construction of a 150,000-square-foot manufacturing plant at its McKinney facility.
The company forecasts expenditures of $25 million to $27 million for the plant and new equipment. Development is currently underway with completion and start-up scheduled for the first quarter or second quarter of 2006.
The move pits Encore, which has become a big player in the building wire market
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