General Cable to Buy Alcan Cable from Rio

In a move to add aluminum wire to its electrical offerings, General Cable Corp., Highland Heights, Ky., has agreed to acquire Alcan Cable, the Atlanta-based manufacturer of wire and cable owned by Rio Tinto Plc, for $185 million in cash.

Over the past century, the two companies grew up as competitors on opposite sides of the long-standing debate about copper versus aluminum wire. Copper holds about 78 percent of the U.S. market for insulated wire and cable, according to the Copper Dev

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.

Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.