Press Release Nexans Power Accessories Germany celebrates 50th anniversary Move to new factory, prompted by growth, proves company’s loyalty to Hof Hanover, 13 June 2008 – Nexans Power Accessories Germany GmbH, a Nexans company based in Hof, specialized in the manufacturing of fittings for energy cables and transmission lines, has two reasons to celebrate this summer. The company, founded as GPH by Gerhard Petri in 1958, will not only be half a century old, it will also be celebrating its birthday in new premises. The reason for moving to a new industrial estate in the same city was the very good order situation. The screw connection technology launched in the 1980s is in particularly high demand, both in Germany and abroad. Through the new building in Ferdinand-Porsche-Strasse 12 and the addition of 25 new employees, bringing the total workforce to 140, the company is responding to uninterrupted growth and proving its loyalty to Hof. “The impending move naturally forced us to wonder whether a change of location would be beneficial”, reports Peter Ahlers, Managing Director of Nexans Power Accessories Germany GmbH. “But our employees’ high level of skills and qualifications, combined with the flexibility, clinched it for us. The company would keep its headquarters in Hof.” The new production and administration building is over 8,000 m2 in size. The new machinery here will allow the company to expand its capacity, while the total property (around 38,000 m2 in size) offers room for future developments. Nexans Power Accessories Germany have inaugurated the new hall and celebrated the company’s anniversary on 13 June in the presence of prominent political figures. In addition to the Lord Mayor, Dr. Harald Fichtner, and the Hof District Administrator, Bernd Hering, Assistant Secretary, Dr. Thies Claussen, from the Bavarian Ministry of State also offered his congratulations. Gérard Hauser, Chairman and CEO of Nexans Group, again emphasised the relevance of product quality for selecting this location during the celebrations: “Screw technology has now grown into a sophisticated system. By developing and manufacturing complete solutions - high value-added power accessories as well as last generation power cables - to worldwide power utilities, Nexans keeps reinforcing its strategy which places energy as the basis of its development”, says Hauser. “In the past, Hof achieved a solid position in the global market for cable connection technology. Today, it is fully equipped to meet the challenges of the future thanks to its expanded operating facilities.” New headquarters of Nexans Power Accessories Germany in Ferdinand-Porsche-Strasse in Hof (top: artist’s impression; bottom: following completion of construction). Screw connection technology is one of the driving forces behind the growth of Nexans Power Accessories Germany. Installers use this to connect energy cables quickly and with the correct tightening torque. Left: the M70-240 screw connector for medium-voltage applications presented in 2007. About Nexans Deutschland Nexans Germany is one of the leading cable manufacturers in Europe. The company is offering an extensive range of high performance cables, systems, and components for the telecommunications and energy sectors, rounded off by superconducting materials and components, Cryoflex transfer systems and special machinery for the cable industry. Producing at manufacturing plants with 7.400 employees in Germany and abroad, the sales in 2007 amounts to approx. 958 Mio Euro. The full integration into the Nexans Group Nexans Germany also benefits from excellent opportunities to use the available synergies in all corporate fields, which not only applies to worldwide projects but also to research and development, the exchange of know how, and to other areas. More information on www.nexans.de. Further Information / Press contact: Nexans Deutschland Industries GmbH & Co. KG Jutta van Bühl Bonnenbroicher Strasse 2-14 41238 Moenchengladbach (Germany) Phone: +49 (0)2166 27-2495 Fax: +49 (0)2166 27-2497 E-Mail: [email protected] Internet: www.nexans.de Press’n’Relations II GmbH Ralf Dunker Guntherstrasse 19 80639 Munich (Germany) Phone: +49 (0)89 17999275 Fax: +49 (0)89 17999289 E-Mail: [email protected] Internet: www.press-n-relations.de The press releases included in this press kit as well as any related images can also be downloaded as files at www.press-n-relations.de. Go to “Nach Firma suchen” and enter the term “Nexans”. At the end of the complete text you will find links to the text and image data respectively.
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