ELGIN, Ill.—Helukabel GmbH is expanding both its global footprint and its product portfolio.
The Germany-based cable producer recently opened two new offices, one in Ho Chi Minh City, Vietnam, and the other in Coimbra, Portugal, giving it 26 global subsidiaries. Its branches in South Africa and the Netherlands also moved into new, larger locations.
On the product side, the company recently released a new hybrid cable to the market that combines four cables into one.
The firm also is expanding its manufacturing footprint. Helukabel is on track to complete an addition to its plant in Windsbach, Germany, bringing nearly 97,000 square feet of additional office, laboratory and production space.
A company spokesman said the building itself will be completed by the end of August. The firm then will begin reorganizing its current layout to make room for the installation of new machines.
The spokesman said the installation and reorganization process will follow a five-year plan, expected to be complete by 2021.
When disclosed in 2015, the company said that the $22.4 million expansion represents the largest investment in Windsbach to date. It is projected to create about 25 jobs.
Increased demand for Helukabel's products led to longer lead times. The spokesman said the expansion was necessary to return its lead times back to timeframes its customers were accustomed to. The forthcoming new equipment will allow the firm to break into new segments of the cable industry.
“Our manufacturing expansion will incorporate a mixture of additional production capacity and other new capabilities, such as being able to extrude foamed insulation,” the spokesman said in an email. “One of our main objectives is to further expand our technological capabilities in the area of data cables, especially where these cable types are combined with power cables to form a hybrid cable construction.”