Encore Wire poised for construction uptick
Feb 25, 2013 | 12:32 PM
| Suzy Waite
Tags
Encore Wire,
Frank Bilban,
Daniel Jones,
copper wire,
aluminum wire,
construction,
U.S. Census Bureau,
Suzy Waite
NEW YORK — Encore Wire Corp. is positioned to meet improving demand in the construction industry, although the company anticipates that it will be a slow recovery, chief financial officer and vice president Frank Bilban told AMM.
"The bad news is that the building wire industry, which is part of the construction industry, is probably still in one of the worst depressions in decades," Bilban said. "The good news, however, is it started about six or seven years ago, so we’ve got (those) years behind us."....
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