![]() ![]() Prestolite's products focus on flexibility, abrasion resistance and high-temperature insulation. As a result, the complexity and volume of wire and cable products consumed in vehicle designs is expected to continue to increase.” “OEMs are implementing alternative materials, resulting in higher operating temperatures, electric or hybrid propulsion technologies, enhanced communication systems and interconnectivity of vehicle management systems. “In addition to growth trends forecasted for new vehicles over the next couple of years, vehicle designs are rapidly evolving due to demands for greater fuel efficiency and enhanced communication capabilities,” said Craig Horton, General Cable's product manager, Automotive, in a General Cable release. In 2011, Prestolite reported revenues of $170 million. Prestolite makes a broad range of wire and cable products and harnesses, mostly for automotive original equipment manufacturers (OEMs) and their “tier one” suppliers. General Cable Corp., Highland Heights, Ky., highlighted this shift in automotive demand when it announced the acquisition of Prestolite Wire LLC, a privately-owned manufacturer based in Plymouth, Mich., with production facilities in the U.S. ![]() That means (among other things): more wire. ![]() The automotive market is evolving in a number of ways, among them a shift to more extensive onboard communication and control systems and expanded use of electric drivetrains. ![]()
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