Nexans Power Accessories Germany celebrates 50th anniversary
Move to new factory, prompted by growth, proves company’s loyalty to Hof
Hanover, 13 June 2008 – Nexans Power Accessories Germany GmbH, a Nexans company based in Hof, specialized in the manufacturing of fittings for energy cables and transmission lines, has two reasons to celebrate this summer. The company, founded as GPH by Gerhard Petri in 1958, will not only be half a century old, it will also be celebrating its birthday in new premises. The reason for moving to a new industrial estate in the same city was the very good order situation. The screw connection technology launched in the 1980s is in particularly high demand, both in Germany and abroad. Through the new building in Ferdinand-Porsche-Strasse 12 and the addition of 25 new employees, bringing the total workforce to 140, the company is responding to uninterrupted growth and proving its loyalty to Hof.
“The impending move naturally forced us to wonder whether a change of location would be beneficial”, reports Peter Ahlers, Managing Director of Nexans Power Accessories Germany GmbH. “But our employees’ high level of skills and qualifications, combined with the flexibility, clinched it for us. The company would keep its headquarters in Hof.” The new production and administration building is over 8,000 m2 in size. The new machinery here will allow the company to expand its capacity, while the total property (around 38,000 m2 in size) offers room for future developments.
Nexans Power Accessories Germany have inaugurated the new hall and celebrated the company’s anniversary on 13 June in the presence of prominent political figures. In addition to the Lord Mayor, Dr. Harald Fichtner, and the Hof District Administrator, Bernd Hering, Assistant Secretary, Dr. Thies Claussen, from the Bavarian Ministry of State also offered his congratulations. Gérard Hauser, Chairman and CEO of Nexans Group, again emphasised the relevance of product quality for selecting this location during the celebrations: “Screw technology has now grown into a sophisticated system. By developing and manufacturing complete solutions - high value-added power accessories as well as last generation power cables - to worldwide power utilities, Nexans keeps reinforcing its strategy which places energy as the basis of its development”, says Hauser. “In the past, Hof achieved a solid position in the global market for cable connection technology. Today, it is fully equipped to meet the challenges of the future thanks to its expanded operating facilities.”
About Nexans Germany
With energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry, building and Local Area Network markets. Nexans addresses a series of market segments from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear power, automotive, electronics, aeronautics, handling and automation. With an industrial presence in more than 30 countries and commercial activities worldwide, Nexans employs 28,000 people and had sales in 2007 of 7.4 billion euros. Nexans is listed on NSYE Euronext Paris, compartment A. More information on