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General Cable Corp  (BGC)
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    Sector  Consumer Discretionary    Industry Electric & Wiring Equipment
 


 

General Cable Corp

Business Description


General Cable Corporation ("the Company") is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company additionally engages in the design, integration, and installation on a turn-key basis for products such as high and extra-high voltage terrestrial and submarine systems. The Company's guiding principles are as follows:

Focusing on implementing the Company's new strategy to deliver increased operating income margins and returns from the Company's core strategic operations in North America, Latin America and Europe by leveraging economies of scale and capitalizing on the Company's leading positions across key markets where the Company has built long-standing customer relationships, efficient supply chains and a wide range of product offerings;

Simplifying the geographic portfolio and reducing operational complexity by continuing on a strategy to exit its operations in Africa and Asia Pacific;

Aligning organization structure to capitalize on the Company's leading market positions to benefit from key end markets, such as electric utility and communications;

Strengthening and expanding customer relationships by providing high quality product lines and customer service;

Continuing to increase cash flow through operational excellence by leveraging the Company's operating systems, logistical expertise, Lean Six Sigma manufacturing tools and techniques to improve the Company's cost position to increase margins as well as delivering improved returns through restructuring initiatives;

Managing the Company's product portfolio by pursuing market share in faster growing and value added product lines;

Enhancing organization capabilities by leveraging the Company's diversity and intellectual property through the sharing of best practices across the organization; and

Cultivating a high performance culture with focus on operational execution, compliance, sustainability, safety, and innovation.
   

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