BEIJING, Aug. 2, 2012 /PRNewswire-Asia/ -- Fushi
Copperweld Inc., ("Fushi" or the "Company") (Nasdaq: FSIN), the
leading global manufacturer and innovator of copper-clad bimetallic
wire for the telecommunications, electrical utility, automotive and
other industries, today announced a partnership with Dynext S.r.l.,
that will serve as the company's sales and innovation arm for the
European and North African markets.
Headquartered in Milan, Italy,
Dynext's core focus will be the development of new bimetallic
applications and product lines for the European and North African
markets, particularly in the electrical utility, railway, telecom
and cable industries. Fushi Copperweld's bimetallic conductors
offer a cost-saving alternative to solid copper wire in a variety
of applications, including electrical earthing/grounding, and
high-frequency communications cables. Dynext will also
coordinate and supervise the business development activities of
Fushi Copperweld's authorized agents throughout the region.
"We are committed to serving our end markets worldwide, and to
do that we need to operate on a truly global front," says Fushi
Copperweld co-CEO Joe Longever.
"Europe and North Africa are important geographical
markets with great potential in the sectors we serve, and we look
forward to growing our business in those markets with the help of
the Dynext team."
Antonio Pezzoni, who will lead
all commercial efforts for Dynext, has more than 20 years'
experience in sales and dealing in raw materials for such companies
as Union Carbide, Arco Chemical and Neste-Borealis. Since
2001, he has worked as an international consultant in the cable
industry.
Dynext's technical director is Franco
Peruzzotti, a longtime Pirelli Cable (now Prysmian
Cables and Systems) research and development officer, who has spent
the last five years as a consultant in sustainable development,
energy efficiency and materials technology in the cable
industry.
"We are very excited about this partnership," says Longever.
"With our distribution hub in Belgium, and now a dedicated business and
product development group in Italy, we will be able to offer our European
customers an unprecedented level of service and expertise."
For contact information, please consult Fushi Copperweld's web
site: www.fushicopperweld.com.
About Fushi Copperweld
Fushi Copperweld Inc., through its wholly owned subsidiaries,
Fushi International (Dalian)
Bimetallic Cable Co. Ltd., and Copperweld Bimetallics LLC, is the
leading manufacturer and innovator of copper-clad bimetallic
engineered conductor products for electrical, telecommunications,
transportation, utilities and industrial applications. With
extensive design and production capabilities, and a long-standing
dedication to customer service, Fushi Copperweld is the preferred
choice for bimetallic products worldwide. For more information,
please contact:
For more information, please contact:
Jolin Qiao, Investor
Relations Officer
Fushi Copperweld Inc.
Phone +1.615.377.4183
E-mail: ir@fushicopperweld.com
Web: www.fushicopperweld.com
SOURCE Fushi Copperweld, Inc.