Company Market Research Report: Encore Wire Corporation

Company Overview

• Name: Encore Wire Corporation

• Mission: The mission of Encore Wire is integrated in their focus on providing innovative solutions that drive the success of their partners, with a commitment to high-quality wire and cables, industry-leading delivery times, and exceptional customer service.

• Founded: 1989

• Founder(s): Specific founders are not mentioned in the provided data.

• Key People: The provided data does not mention key people in the company.

• Headquarters: 1329 Millwood Road, McKinney, Texas 75069, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• Notable for: Encore Wire is renowned for its production of superior quality wire and cable, its innovative packaging solutions, and delivering fast, reliable services to commercial, residential, and industrial sectors. The company prides itself on its American-made products and contributes to sustainable energy solutions.

Products

Encore Wire offers a vast array of products mainly focusing on wire and cable solutions. Below are some highlighted products:

1. The Reel Payoff®

• Description: The first self-spinning wooden reel in the industry, designed to reduce material handling costs and prevent damage.

• Key Features:

• Sizes available: 24″, 30″, 32″, 36″, 42″, and 48″

• 4-way pallet, no tools required for pulling

• 360-degree maneuverability

2. Cyclone Barrel Pack®

• Description: An innovative packaging that allows tool-free pulling of wire directly from the barrel.

• Key Features:

• Available in 14 AWG to 10 AWG sizes with multiple conductors

• Eliminates need for multiple reels

• Reduces wire scrap produced

3. The PullPro®

• Description: Designed to optimize weight, safety, and storage demands on job sites.

• Key Features:

• Weighs less than 30 lbs

• Features SuperSlick Elite® technology for easy pulling

• Available in various AWG sizes

4. MC Barrel Pack

• Description: Efficient payoff system using a smaller container, providing more footage and less scrap.

• Key Features:

• Distributed in 55-gallon drums

• Can be pulled out in a 360-degree radius

• No special tools or equipment needed

5. The Reel Deal®

• Description: A compartmentalized wooden reel designed for customizable wire setups.

• Key Features:

• Manage single or parallel pulls

• Custom color options available

• Reduced setup time

6. Encore Wire TechLab®

• This R&D center ensures high standards for products through rigorous quality checks.

Recent Developments

• Recent Developments:

• Expanded Facilities: In 2023, Encore Wire added a state-of-the-art cross-link polyethylene (XLPE) compounding facility for wire and cable insulation.

• Service Center: 2021 saw the construction of a new service center, almost double the size of its predecessor, enhancing service capacity.

• Product Line Expansion: Over the past years, new facilities such as Plant 7 were opened, focusing on commercial and industrial applications.

• New Products Launched:

• Reel Payoff® Premium: Upgraded version with enhanced durability and ease of use, designed for larger projects.

• Mega Coil®: Designed for streamlined prefabrication operations with ongoing metal-clad run capabilities.

• New Partnerships and Initiatives:

• Collaboration with Prysmian to integrate cutting-edge cable solutions.

• Sustainable initiatives, such as copper and plastic recycling programs and energy-efficient campus enhancements.

Conclusion

Encore Wire Corporation remains focused on providing excellent wire and cable solutions through a range of innovative products and is committed to quality, service, and sustainability. The company's dedication to high standards and swift delivery has solidified its position as a leader in the wire and cable manufacturing industry.