Coleman Cable continues buying spree

Coleman Cable, Waukegan, Ill., has been on a buying spree of late, and announced two more acquisitions today. The wire and cable company acquired the assets of First Capitol Wire & Cable and Continental Wire & Cable, both based in York, Pa., for a total ...
May 2, 2011

Coleman Cable, Waukegan, Ill., has been on a buying spree of late, and announced two more acquisitions today. The wire and cable company acquired the assets of First Capitol Wire & Cable and Continental Wire & Cable, both based in York, Pa., for a total purchase price of $7.15 million in cash. The two companies make industrial wire and cable with combined revenues of about $10 million in 2010. First Capitol's lineup includes high-temperature cables used in OEM appliances and industrial and commercial applications.

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Doug Chandler, Senior Staff Writer

Executive Editor

Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.