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Product category: Cabling, Conduit, Accessories and Signal Conditioning
News Release from: Nexans
Edited by the Engineeringtalk Editorial Team on 07 November 2006

Cable plant comes on-stream

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Nexans has held an inauguration ceremony for the official start of production at its new submarine high voltage power cable plant of Tokyo Bay in Japan.

Nexans held an inauguration ceremony on 1st November 2006 in presence of Gerard Hauser, Chairman and CEO of the Group, and Teruyoshi Tanabe, President of Viscas, for the official start of production at its new submarine high voltage power cable plant of Tokyo Bay in Japan This opening ceremony follows the creation of the production joint venture NVC, owned 66% by Nexans and 34% by Viscas (a joint venture between Furukawa Electric Co and Fujikura)

The event was attended by approximately a hundred people: the NVC Board of Directors, Nexans' top management, Viscas' top management and shareholders, local dignitaries and the Mayor of Futtsu, where the cable plant is located, and managers from other companies based around the NVC site.

During this ceremony, Gerard Hauser, Teruyoshi Tanabe and Jean-Luc Canivet, the new Managing Director of NVC, underlined the strategic importance of this new manufacturing facility.

"By creating this joint venture and obtaining a new production facility, Nexans confirms its leadership position in the fast-growing submarine high voltage power cables market".

"The Tokyo Bay plant will actually allow Nexans to increase significantly its cable and service activity in this field", concluded Hauser.

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