ENCORE WIRE CORPORATION :) - This is not a case. Needs to be researched online :

Question

ENCORE WIRE CORPORATION :) - This is not a case. Needs to be researched online :) Thank you !

1) What is the definition of our focal industry (i.e., wire and cable manufacturing SIC/NAICS 33592) according to SIC and NAICS scheme?

2) Describe the emergence and development of the industry in the United States:

3) Identify the major supplying industry(-ies)/supply materials and major buying industry (-ies)/customers of our focal industry (SIC/NAICS 33592):

4) What is the current global and US market size in terms of sales revenue? What is the expected growth rate in near future?

5) List your references here. You can also copy and paste useful graphs and tables here.

Explanation / Answer

Ans-1

Industry comprises products like fiber-optic cables, and manufacturers for insulated nonferrous wire and cable, cable sets, some Semiconductors and few of other fiber optic materials plus manufacturing cords and electric cords (falling under the SIC/NAICS 33592 code and scheme) used in Engineering, Procurement and Construction, Power and Distribution as well as Commercial Industries.

Ans-2

Emergence of this industry comes from the need of such materials in the day to day electrical works at Residential/ Commercial spaces could be our homes, Restaurants, Commercial malls, office spaces or could be Industrial Projects related to Telecom/ Infrastructure requirements.

This industry has always been developing in the US, as US is developed economy, with every time growing urbanization, commercialization and industrialization. All macroeconomic and industry-related factors have always maintained the demand and supply of the products of this industry from all big and small manufacturers and service providers.

Ans-3

Major Supplying companies:

Southwire Company LLC

Encore Wire Corporation

Prysmian S.p.A

Major Buying Companies:

Bechtel Corp

Turner Construction

Fluor Corp

Ans-4

This industry is globally is expected to grow at the rate of CAGR of 4.1% from 2018 to 2026 as per some market research reports.

Currently in US the market about is 86.31 Bn $

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