Company Research Report: WireCo
Company Overview
Name and Mission of the Company
- Name: WireCo
- Mission: Innovate premium solutions to drive progress globally with a focus on environmental, social, and governance (ESG) initiatives.
Founding Information
- Founded by: J.P. Barclay, Sr.
- Founded: 1931, with historical roots tracing back to 1803 through the Lankhorst family in the Netherlands.
Key People
- CEO: Keith White
- Senior Vice President, Global Cranes: Andreas Schmeiss
Headquartered
- Location: Prairie Village, Kansas, USA
Number of Employees
- No information is available
Revenue
- No information is available
Company Recognition
- Known For: High-performance wire and synthetic products, satisfying mission-critical applications in various industries including industrial, mining, energy, fishing, maritime, and engineered products.
Products
Product Offerings
WireCo offers a diverse range of products across several industries:
Industrial
- Description: Mission-critical wire ropes for lifting and moving challenges worldwide.
Mining
- Description: Cost-effective open-pit and shaft mining products.
Energy
- Description: Specialized products including drilling lines, geophysical cable, and offshore mooring ropes.
Fishing
- Description: High-performance materials such as ropes and netting.
Maritime
- Description: High-quality ropes and hardware for shipping lines and offshore businesses.
Engineered Products
- Description: Customized, highly engineered plastic-injected molded products.
Specialty Materials
- Description: Technical yarn, wire, and tape, providing innovative solutions.
Structures
- Description: Innovative wire, ropes, and strands for lasting evidence-tested performance.
Key Features
- High-performance, durability, abrasion resistance, and customization for specific industry needs.
Recent Developments
Recent Partnerships and Initiatives
- May 23, 2024: Partnership with Lankhorst Ropes and Sensor Technologies to develop a revolutionary maritime product.
- March 14, 2023: Launched "Made in the USA" high-performance crane rope production in Sedalia, Missouri.
- October 24, 2022: Continued efforts towards sustainable modern premium products.
- August 30, 2022: Introduction of Union Gladiator pendants for mining operations, enhancing service life.
New Products and Features
- Crane Ropes: Investment of $30M in the 'Made in the USA' high-performance crane rope production to support infrastructure demand.
Additional Notes
- WireCo's initiatives are geared towards innovation and sustainable development while engaging extensively in infrastructure boom opportunities and responding to market demands.
Global Brands
Premium Brands Under WireCo
- CASAR: Specialty wire ropes and hoisting cables.
- OLIVEIRA: Steel wire and synthetic products for fishing and maritime markets.
- UNION: Wire rope with a balance of various resistances and stability.
- CAMESA: Electromechanical cables for oil and gas markets.
- LANKHORST ROPES & EP: Solutions for maritime and heavy-lifting industries and plastic products.
- EURONETE: Leading supplier of fishing nets and related gear.
Global Presence
- WireCo has operational bases in North America, South America, Europe, and Asia, providing strategic distribution and manufacturing capabilities to meet diverse market needs.
This report provides a detailed examination of WireCo, demonstrating its breadth of products and strategic developments across global markets. This document only includes available data; fields not covered lack sufficient data points.
