"The Mexico building construction market is an integral part of Alcan Cable's
North American growth strategy for our STABILOY® cable
products. The expansion of the distribution warehouse in Mexico City
demonstrates Alcan Cable's continued commitment to the Mexican and Latin
American markets," said Jack Miller, President, Alcan Cable.At the open
house, guests were able to tour the distribution center and meet Alcan Cable de
México personnel and members of Alcan Cable's U.S. management team. The
facility features additional inventory capacity, redesigned cutting and
packaging equipment, and a training center to host customer educational programs
about STABILOY® cables.The company's STABILOY®
brand of aluminum alloy cables have become the standard for commercial,
institutional and industrial building applications in Mexico. Alcan Cable
de México utilizes a network of electrical distributors to sell its products
throughout Mexico.
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That is why Mr Miller believes large pools of money will flow into the sector in the coming years to invest in the US' ageing distribution infrastructure and much-needed new capacity. He said private capital will fill the gap developing from companies lack of access to public equity and debt markets, and to meet new energy and infrastructure needs, enabling deals to go through.
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