General Cable Acquires Prestolite Wire for Greater Access to Growing Auto Market

The automotive market is evolving in a number of ways, among them a shift to more extensive onboard communication and control systems and expanded use of electric drivetrains. That means (among other things): more wire.

General Cable Corp., Highland Heights, Ky., highlighted this shift in automotive demand when it announced last week the acquisition of Prestolite Wire LLC, a privately-owned manufacturer based in Plymouth, Mich., with production facilities in the U.S. and Mexico. Prest

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